Our recent publication, written with Joshua Aizenman, Donghyun Park, Gazi Salah Uddin and Irfan Qureshi, is covered in the blog Ideas for India:
As the US dollar and monetary policy continue to have a significant impact on global financial dynamics, some emerging markets are observed to be more resilient than others to the policy cycles. Analysing data on a large sample of emerging markets, this article highlights the role of consistent strategy that strengthens macroeconomic fundamentals and institutional quality across all phases of the cycle. Read more here.