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Anders Aslund: Are Emerging Economies Entering a Lost Decade?

Financial markets are signaling that several major emerging economies may be approaching crisis. Morgan Stanley has named Brazil, India, Indonesia, Turkey and South Africa the “fragile five.” They share some common characteristics: All took in excessive short-term international financial inflows, which enticed them into accepting excessive current-account deficits for

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Posted: September 10, 2013 Tuesday 06:00 PM