Professor Giancarlo Corsetti has had a chapter published in CEPR's ebook "COVID-19 in Developing Economies". The chapter "Emerging Market Currency Risk Around ‘global disasters’: Evidence from the Global Financial Crisis and the COVID-19 Crisis" (joint with Simon Lloyd (Bank of England) and Emile Marin (PhD Candidate)) looks at the depreciation of emerging market currencies since the onset of the COVID-19 crisis and documents the similarities and differences relative to the Global Financial Crisis.

Published on - Wednesday 24th June 2020

COVID-19

Markets

Currency

Risks