Are Emerging Markets Adjusting to a New Normal?

From iMFdirect - The IMF Blog Tue Apr 1 2014, 15:00:02

By Aseel Almansour, Aqib Aslam, John Bluedorn and Rupa Duttagupta  Emerging markets have grown at a remarkable pace through most of the 2000s. They even rebounded strongly from the Great Recession, notwithstanding the sluggishness in advanced economies. Easy global financial conditions, rising commodity prices and beneficial terms of trade potentially compensated for weak external demand [...]

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