Emerging markets facing prolonged weakness, growth slowdown impacting global economy.
Emerging markets have been experiencing a slowdown in growth since 2010, with growth rates dropping significantly. This slowdown is affecting all regions, especially Latin America and the Caribbean. Factors contributing to this include weakening economic conditions after the financial crisis, tightening financial conditions, governance issues, and adapting to technological changes. Some experts believe that the previous high growth rates were unsustainable due to temporary factors like commodity booms and high debt levels. However, there are differing opinions on whether some emerging markets are better positioned to bounce back from this slowdown. The research aims to analyze the causes and consequences of this slowdown and suggests policy options to address it.