USA introduced QE3 around 18 months back by which it pumped easy money to its market to revive growth Economy has not revived so great but now USA has decided to withdraw this stimulus gradually. While introducing it USA was not bothered about its impact to global economy and now when it is being withdrawn they are not seems to be so concerned about it. Emerging markets which received large investment during this period feeling the impact the most. Now they are trying various ways to attract and retain the already invested fund but outflow is going. Turkey south Africa Argentina Russia India are the concerned countries. It is expected that India will not be so impacted as its current account deficit position has improved in last seven months.
Posted on: Thu, 30 Jan 2014 15:50:02 +0000
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