Emerging markets need a lasting solution to cure their woes


  • Banking
  • Monday, 10 Feb 2014

At the moment, it would appear that Asian central banks are picking up the bill to steel their economies in the face of capital outflows.

Indonesian and Indian authorities have improved their defences against rapid outflows, but their governments have failed to tackle supply bottlenecks and market rigidities that fuel inflation and limit room for policy manoeuvre, said Reuters, quoting economists.

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