From The Real News Network
Emerging markets have
been reeling since the beginning of the new year. The currencies and
stock markets of Argentina, South Africa, Turkey, among other countries,
have declined substantially, prompting their central banks to increase
interest rates to stem the outflow of capital. The emerging-market rout,
the worst start to a year on record, is widely believed to be related
to the winding down of the U.S. Federal Reserve's quantitative easing
program.Now joining us to discuss this is Jane D'Arista.
She's a research associate with the Political Economy Research
Institute, or PERI, at the University of Massachusetts, Amherst, where
she also cofounded an economist committee for financial reform called
SAFER, or Stable, Accountable, Fair and Efficient Financial Reform.
See
here
No comments:
Post a Comment