Tuesday, May 22, 2018

The Argentinian Peso and Turkish Lira have fallen sharply this year, but spillovers to the broader emerging markets complex have been limited. We examine contagion risk through the lens of non-resident portfolio flows. The pace of these flows rose sharply in the wake of the China scare in 2015/6, even as those flows became more concentrated in a few emerging markets, including Argentina, South Africa, Colombia, Egypt, Mexico and Indonesia.

IIF Authors

Robin Brooks

Robin
Brooks
Managing Director and Chief Economist
@RobinBrooksIIF
rbrooks@iif.com

Jonathan Fortun

Jonathan
Fortun
Associate Economist
@econchart
jfortun@iif.com

Tariq Khan

Tariq
Khan
Research Analyst
+1 202 857 3339
tkhan@iif.com

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