The fear, as IMF Managing Director Christine Lagarde has reminded us, is of a repeat of previous episodes, notably in 1982 and 1994, when the Fed’s policy tightening helped precipitate financial crises in developing countries. If the Fed decides to raise interest rates this year, which emerging markets are most vulnerable to a capital-flow reversal?
国际货币基金组织总裁克里斯蒂娜·拉加德提醒我们这种担忧已经不是第一次，比方说在1982和1994年，当时美联储货币政策收紧导致发展中国家陷入金融危机。如果美联储今年决定加息，哪些新兴经济体最容易受到资本流出的打击？