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ECONOMICS COMMENTARY
Apr 03, 2014
Impacts of the Fed's taper on vulnerable emerging markets
As the US Federal Reserve continues to cut back its asset purchases, in a process often referred to as the "taper', much has been made of the effect this has had, and may have in future, on emerging markets. Brazil, India, South Africa, Turkey and Indonesia are reckoned to be most at risk. This note uses PMI data to look at how these economies have fared since the taper began.
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