For Bloomberg: "Hunger and Blackouts Are Just the Start of an Emerging Economy Crisis"
maría magdalena arréllaga
May 10, 2022
ByShawn Donnan, Eric Martin, Andrew Rosati, and Jihen Laghmari
"A barrage of shocks is building that’s unlike anything emerging markets have had to confront since the 1990s, when a series of rolling crises sank economies and toppled governments.Turmoil triggered by rising food and energy prices is already gripping countries like Sri Lanka, Egypt, Tunisia and Peru. It risks turning into a broader debt debacle and yet another threat to the world economy’s fragile recovery from the pandemic."
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