Rising rates could endanger emerging market recovery, IMF warns

Tobias Adrian
IMF Staff Photograph/Stephen Jaffe

Rising global interest rates could cause problems for countries that are recovering more slowly from the Covid-19 economic shock, particularly many emerging markets, the International Monetary Fund warns.

Tobias Adrian, the IMF’s chief financial economist, said emerging market economies (EMEs) with large external financing needs face “daunting challenges” in managing the recovery.

A surge in the US economy has led to rising interest rates on US government debt, contributing to a stronger

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: