Didier, Tatiana; Kose, M. Ayhan; Ohnsorge, Franziska; … - 2015
Emerging markets (EM) face their fifth consecutive year of slowing growth and a possibly longer period of sluggish … responses to the growth slowdown in EM. It reports three main results. First, the slowdown is synchronous and protracted … productivity growth, bouts of policy uncertainty, and an erosion of policy buffers. Both structural and cyclical factors have …