« Revenge of the Ms (David Greenlaw, Morgan Stanley) | Main | Lawrence Summers will be the director of his National Economic Council »

Latin America: Macro Is Back(Morgan Stanley)

Latin America
Macro Is Back
November 19, 2008 (Morgan Stanley)
By Daniel Volberg & Gray Newman | New York

The era of abundance – that heady windfall of inflows that boosted growth, fiscal coffers, international reserves, currencies and asset prices – ended this year for emerging markets.  With the collapse in abundance, investors have scurried to look for vulnerabilities – whether they be large current account imbalances or the financing needs of the domestic banking system.  All of a sudden, the old metrics designed to measure liquidity and solvency are back in vogue.

|

« Revenge of the Ms (David Greenlaw, Morgan Stanley) | Main | Lawrence Summers will be the director of his National Economic Council »

LAC」カテゴリの記事

Comments

Post a comment



(Not displayed with comment.)




« Revenge of the Ms (David Greenlaw, Morgan Stanley) | Main | Lawrence Summers will be the director of his National Economic Council »