Following a period of disinflation during the 1990s and early 2000s, inflation in emerging markets has remained … remarkably low and stable. Was this related to a global disinflation environment triggered by China's integration into world … trade and the broader globalization inthese economies, or to better domestic policies? In this paper, we review the …

early exposure to financial globalization given the current state of the world …Financial globalization offers both risks and benefits for countries of the semi-periphery orthe so-called "emerging … markets". Politics within the national space matters, yet acquires a new meaning, in the age of financial globalization. "Weak …

Recent energy and food price surges, in the wake of Russia's invasion of Ukraine, have exacerbated inflation … pressuresthat are unusually high by the standards of the past two decades. High and rising inflation has prompted many emerging …. Inflation is expected to ease back towards targets over the medium-term as recent shocks unwind, but the 1970s experience is a …