Given the interconnectedness of the global economy in trade, finance and investments, financial problems in the United States and the eurozone quickly spread to other countries. The impact on and reaction from developed countries and emerging markets differ based on their global economic integration and policy responses. Brookings experts explore the ongoing global effects of the crisis.
Reuters/Jose Luis Gonzalez - A man carrying a Mexican flag is silhouetted while attending the "Cry of Independence" ceremony to mark the 205th anniversary of the day rebel priest Manuel Hidalgo set the path to independence in Ciudad Juarez, September 15, 2015.
Latin America: Back to the 1980s or heading for rebound?
November 23, 2015, Ernesto Talvi, Laura Alfaro, Guillermo Calvo, Pedro Carvalho de Mello, , Pablo Guidotti, et al.
Ernesto Talvi and colleagues discuss whether current adverse global conditions imply a return to the 1980s for Latin America or if the region is headed for a rebound.
Financial Markets and Services
November 18, 2015, David Wessel
October 2015, Eswar Prasad and Karim Foda
Paper | Global Journal of Emerging Market Economies
June 15, 2015, Zia Qureshi , Jose L. Diaz-Sanchez and Aristomene Varoudakis
April 2015, Eswar Prasad, Karim Foda and Arnav Sahu
2014, Masahiro Kawai and Domenico Lombardi, eds.
October 20, 2014, William A. Galston
October 2014, Eswar Prasad, Karim Foda and Arnav Sahu
September 2014, Ernesto Talvi
Paper | The National Bureau of Economic Research
September 2014, Daniel Riera-Crichton, Guillermo Vuletin and Carlos Vegh
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Vice President and Director, Global Economy and Development
The Edward M. Bernstein Scholar
Director, Brookings Global – CERES Economic and Social Policy in Latin America Initiative
Nonresident Senior Fellow, Global Economy and Development
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