A great deal has changed from the past financial crises in Asia and Latin America during the past two decades . Central bankers in vulnerable emerging market economies are taking action . The IMF has warned that the global economy is facing a “double whammy” from rising inflation and falling commodity prices as well as weak growth in China and other developing economies. Brazil , Indonesia , India , South Africa and Turkey are the focus of investor attention .
Central bankers in vulnerable emerging market economies are taking action . The IMF has warned that the global economy is facing a “double whammy” from rising inflation and falling commodity prices as well as weak growth in China and other developing economies. Brazil , Indonesia , India , South Africa and Turkey are the focus of investor attention .