As COVID-19 grips global markets, we consider the pandemic's short- and long-term implications for Emerging Markets (EMs). We also highlight the critical factors in assessing the strength of EM's during this time, such as prior experience with viral outbreaks, the state of public health systems, leadership and policy measures to prevent the virus's spread and fiscal and monetary options to stimulate economic growth.
EMs Face Additional Pressures Both from the Outside and from Within
Like their developed market ((DM)) counterparts, EMs are contending with unprecedented health, societal, and economic challenges as a result of the