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Introduction and Editorial Overview

Introduction and Editorial Overview The Singapore Economic Review, Vol. 60, No. 1 (2015) 1502001 (4 pages) © World Scientific Publishing Company DOI: 10.1142/S0217590815020014 SPECIAL ISSUE OF THE SINGAPORE ECONOMIC REVIEW — ECONOMIC, FINANCIAL AND POLICY CHALLENGES IN EMERGING ECONOMIES Published 11 February 2015 Since the eruption of the global crisis, world has been experiencing rather unusual days in its history. Crises literature was often associated with the developing countries and the developed economies were tacitly assumed to be immune to any major turmoil due to their intrinsic economic and organizational structures. However, the last global crisis has radi- cally altered this conventional conception of the developed and developing economies. It is now more apparent that each and every country regardless of how they are classified like developed, developing, emerging etc. has distinguishing features and characteristics which make it more difficult to categorize them with respect to the old formulas. This result is especially valid for the emerging market economies. These countries have been affected differently during the initial phase of the crisis in 2008 when the flight to quality was toward developed countries. Similarly, emerging market economies have been influenced differently during the various episodes of the quantitative easing trails of the central http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png The Singapore Economic Review World Scientific Publishing Company

Introduction and Editorial Overview

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Publisher
World Scientific Publishing Company
Copyright
Copyright ©
Subject
Special Issue on Economic, Financial and Policy Challenges in Emerging Economies; Guest Editors: Ahmet Faruk Aysan, Central Bank of the Republic of Turkey, Mehmet Huseyin Bilgin, Istanbul Medeniyet University
ISSN
0217-5908
eISSN
1793-6837
DOI
10.1142/S0217590815020014
Publisher site
See Article on Publisher Site

Abstract

The Singapore Economic Review, Vol. 60, No. 1 (2015) 1502001 (4 pages) © World Scientific Publishing Company DOI: 10.1142/S0217590815020014 SPECIAL ISSUE OF THE SINGAPORE ECONOMIC REVIEW — ECONOMIC, FINANCIAL AND POLICY CHALLENGES IN EMERGING ECONOMIES Published 11 February 2015 Since the eruption of the global crisis, world has been experiencing rather unusual days in its history. Crises literature was often associated with the developing countries and the developed economies were tacitly assumed to be immune to any major turmoil due to their intrinsic economic and organizational structures. However, the last global crisis has radi- cally altered this conventional conception of the developed and developing economies. It is now more apparent that each and every country regardless of how they are classified like developed, developing, emerging etc. has distinguishing features and characteristics which make it more difficult to categorize them with respect to the old formulas. This result is especially valid for the emerging market economies. These countries have been affected differently during the initial phase of the crisis in 2008 when the flight to quality was toward developed countries. Similarly, emerging market economies have been influenced differently during the various episodes of the quantitative easing trails of the central

Journal

The Singapore Economic Review – World Scientific Publishing Company

Published: Mar 1, 2015

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