Why have emerging markets not spiralled into a debt crisis? - short news
Mexico, Brazil, South Africa and Turkey have shown economic resilience despite wave of defaults
As finance ministers and central bankers convened in Marrakech for the International Monetary Fund and World Bank annual meetings on 9-15 October, they faced an extraordinary confluence of economic and geopolitical calamities: wars in Ukraine and the Middle East, a wave of defaults among low- and lower-middle-income economies, a real estate-driven slump in China, and a surge in long-term..
source: The Guardian - 02.11.2023