Uneven resilience: Why some emerging markets better navigate US monetary policy cycles (Ideas for India)

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.

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