Negative commodity price shocks weaken EM financial sectors, IMF paper argues
Sovereign wealth funds increase financial resilience in face of commodity price falls, researchers say
Negative price shocks to commodities weaken the financial sectors of commodity-exporting emerging economies, a working paper published by the International Monetary Fund says.
In Commodity price shocks and financial sector fragility, Tidiane Kinda, Montfort Mlachila and Rasmané Ouedraogo present a database dealing with 71 emerging and developing economies between 1997 and 2013. The authors analyse trends in each country's commodities exports and financial soundness, and the possible transmission
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