Yves Nosbusch 

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Spillover risks from emerging market economies dotted
 

In the latest edition of its Global Financial Stability Report (GFSR), the IMF argues that the importance of financial spillovers has grown significantly over the last two decades. In particular, spillovers from emerging economies' financial markets may now account for more than a third of the variation in advanced economies' equity and foreign exchange returns.
More info: http://goo.gl/SA4fWh