The Fed will delay the tapering of its bond buying program in response to the US government shutdown. For emerging markets this means a slower pace of currency depreciation into year-end, and the potential for limited short-term appreciation in markets…
Emerging Markets Opportunity Not Over
Recent reversals in capital flows caused large and sudden currency devaluations, faster than many emerging markets expected or could manage. As a result, many market commentators have called this end of the emerging markets opportunity. That statement couldn’t be further…
Paying for Flexibility: An Expert’s Take on Mitigating Currency Volatility
U.S.-based multinational corporations lost an estimated $50 billion as a result of currency volatility in 2012. As I referenced in my previous post, FSG projects currency volatility to increase in 2013. No longer can executives only rely on corporate treasury to…
Emerging Market Currency Volatility…It’s Getting “Real”
“Currencies should not be used as a tool of competitive devaluation. The world should not make the mistake that it has made in the past of using currencies as the tools of economic warfare.” - George Osborne, Britain’s Finance minister…
Austerity, The “Death Tax”, And How US Debt Ceiling Negotiators Could Learn From Europe
The United States media has an interesting relationship with the word “austerity”. Apparently for the US media, austerity measures are a hot-topic in Europe. US publications such as The Wall Street Journal and New York Times have published articles analyzing…
PODCAST: Three Risks Emerging Markets Face in 2013
In this podcast, FSG senior analyst Sam Osborn highlights the top three global risks executives should be developing contingency plans for. These seemingly local events would have significant ripple effects across emerging markets globally: the US fiscal cliff, the eurozone…
3 Reasons Why Emerging Market Executives Need To Contingency Plan Now
Global uncertainty is increasing. The back-and-forth negotiations surrounding policy decisions on the US Fiscal Cliff, Eurozone crisis, and potential conflicts in the Middle East may be intriguing for political scientists, but for global business executives, they are cause for major…
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