Wednesday, August 26, 2015

For Emerging Markets, 2015 Isn't 1997

Capital Account: Falling currencies aren’t a sign that a repeat of the 1997 emerging market crisis is brewing. But China’s slowdown and the accompanying slump in commodity prices are exposing structural weaknesses those economies have neglected for too long, Greg Ip writes.

from WSJ.com: US Business http://ift.tt/1EWv9Xn
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