Emerging Markets Back in the Spotlight: Risks and Policy Options

Emerging markets have been out of the news for almost two decades. They fared better than advanced economies during the Great Financial Crisis and benefited from the increased global liquidity in its aftermath. This fortunate constellation of events seems to be coming to an end and there are worries about emerging markets again.   Economic Research Southern Africa and CEPR are organizing a research conference with the aim of fostering debate on emerging market economies’ policy options. What are the problems awaiting EMEs, which of these are new, what are the empirical and theoretical frameworks through which we can analyze these issues ?