Institute of International Finance January 23, 2020

GMV: Crisis versus Secular Stagnation EMs

· Robin Brooks

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About this work

Weak emerging market growth reflected two different problems: acute crises and a more persistent investment slowdown. Jonathan Fortun and Robin Brooks distinguish these groups in their January 2020 assessment. They focus on Mexico and South Africa, where weak investment risked turning a recent slowdown into a structural constraint on growth.

Abstract

Weak emerging market growth reflected two different problems: acute crises and a more persistent investment slowdown. Jonathan Fortun and Robin Brooks distinguish these groups in their January 2020 assessment. They focus on Mexico and South Africa, where weak investment risked turning a recent slowdown into a structural constraint on growth.

Cite this work

Jonathan Fortun, Robin Brooks (2020). GMV: Crisis versus Secular Stagnation EMs. Institute of International Finance.