interest rates

This paper discusses the escalating external debt distress and financial constraints faced by many least developed countries (LDCs) and other developing countries.

October 2013 Summary: US Fed delays the tapering of the QE programme, providing a temporary relief for emerging markets Chinese economy strengthens Current-account deficits widen in several emerging economies   Contrary to expectations, the United Stat ...

July 2013 Summary: Global financial turmoil amid expectations of tapering QE stance Significant capital outflows and sharp depreciation of domestic currencies in developing countries Western Europe struggling to move out from recession Large emerging e ...