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The Impact of COVID-19 on Emerging Market Economies' Financial Conditions

Author

Listed:
  • Shaghil Ahmed
  • Jasper Hoek
  • Steven B. Kamin
  • Ben Smith
  • Emre Yoldas

Abstract

The emerging market economies (EMEs) – and the lower-income developing economies to an even greater extent – generally are extremely vulnerable to the COVID-19 pandemic. Many EMEs have weak public health systems, poor and financially vulnerable populations, inadequate social safety nets, limited monetary and especially fiscal policy space, and high exposure to global trade and commodity prices.

Suggested Citation

  • Shaghil Ahmed & Jasper Hoek & Steven B. Kamin & Ben Smith & Emre Yoldas, 2020. "The Impact of COVID-19 on Emerging Market Economies' Financial Conditions," FEDS Notes 2020-10-07-1, Board of Governors of the Federal Reserve System (U.S.).
  • Handle: RePEc:fip:fedgfn:2020-10-07-1
    DOI: 10.17016/2380-7172.2749
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    File URL: https://www.federalreserve.gov/econres/notes/feds-notes/the-impact-of-covid-19-on-emerging-markets-economies-financial-conditions-20201007.htm
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    RePEc Biblio mentions

    As found on the RePEc Biblio, the curated bibliography for Economics:
    1. > Economics of Welfare > Health Economics > Economics of Pandemics > Specific pandemics > Covid-19 > Emerging markets

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