Emerging markets cannot afford repeat of ‘taper tantrum’: IMF official
WASHINGTON: Gita Gopinath, chief economist of the International Monetary Fund (IMF), has warned that the emerging markets cannot afford a repeat of the “taper tantrum’ market disruption that occurred in 2013 as the US central bank prepares to withdraw monetary stimulus. “They (the emerging markets) are getting hit in many different ways, which is why … Read more