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OECD: Internal Policies Can Limit the Effects of Capital Outflows From Emerging Economies - Factors that Can Mitigate the Transmission of Shocks
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Emerging markets have become less sensitive to global financial shocks after the global financial crisis, and the independence of central banks and the level of public debt are important factors for the resilience of capital flows, according to an analysis carried out by Annamaria de Crescenzio and Etienne Lepers, economists within the Organisation for Economic Cooperation and Development (OECD), published by CEPR [...] Article OECD: Internal po…
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