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EM Equity Suffers Outflows

Dec 19, 2011

EM equity funds hemorrhaged $2.2bn during the week ended December 14, according to EPFR,...

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"[While] it’s good to build more infrastructure and increase investment, you have to be conscious about the macro effects of too big an increase in domestic demand, including of course public expenditure."

Julio Velarde, Peru central bank


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