Moody’s proprietary indicators and data point to months of stress for emerging market sovereigns, sub-sovereigns, companies and financial institutions because of coronavirus pandemic-related global economic and financial upheaval.
This edition focuses on a range of sectors in EM countries such as Turkey, China, UAE and Russia, with a data-rich appendix of metrics for 106 rated EM sovereigns.
Atsi Sheth of the Credit Strategy and Research team shares insights on how the coronavirus will likely push the global economy into recession this year, and why the downturn poses particular risks for emerging markets. Plus,Sean Marion of the Financial Institutions team discusses why credit risks are rising for South African banks.
