Outgoing Argentine Finance Minister Alfonso Prat-Gay. His departure reflects the huge political challenges faced by even the most reform-minded governments in emerging markets. Photo: Reuters
Nicholas Spiro
Opinion

Opinion

Macroscope by Nicholas Spiro

Why emerging market investors must hold their nerve in 2017

Although three separate year-end developments bode ill for developing economies, a full-blown crisis is unlikely

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Outgoing Argentine Finance Minister Alfonso Prat-Gay. His departure reflects the huge political challenges faced by even the most reform-minded governments in emerging markets. Photo: Reuters
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