Go to the Globe and Mail homepage

Jump to main navigationJump to main content

AdChoices

Globe Investor

Inside the Market

Up-to-the-minute insights
on developing market news

Entry archive:

Emerging markets: Rising importance makes crisis less likely Add to ...

Subscribers Only

Think emerging market economies are two small to worry about? Think again. Think the turbulence within emerging markets is going to affect the global economy? Think again, again.

Okay, that’s a lot of thinking. But Ed Yardeni at Yardeni Research makes the point that emerging markets aren’t what they used to be: “The last major emerging markets crisis was in 1997, when East Asian economies had a financial meltdown, and again in 1998, when Russia hit the fan. But collectively, they were relatively tiny and had no significant impact on the U.S. and global economies.”

Report Typo/Error

Follow on Twitter: @dberman_ROB

Next story

loading