Editor, Investment Strategy. Europe, Middle East and Africa, London
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Dec 11, 2014
Dec 10, 2014

Echoes of ’90s crises reverberate across emerging markets

LONDON (Reuters) – Of course this time it’s different, it always is. But the similarities between today’s financial constellation and the backdrop to the emerging market collapses of the late 1990s are haunting developing economies.

As the U.S. dollar soared in recent weeks on expectations of higher U.S. interest rates next year, fueled by the creation of third of a million American jobs last month, currencies of high growth but slowing emerging economies fell like dominoes.

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    • About Mike

      "Mike Dolan is Reuters' Investment Strategy Editor in Europe. He has been a correspondent and editor for the past 20 years, working for Reuters from London and Washington DC in a variety of roles covering global policymaking, economics and investment trends."
      Joined Reuters:
      Reuters Editor of the Year, 2009. Reuters multimedia journalist of the year award, 2011
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