## How Did Emerging Markets Cope in the Crisis?

_Policy Papers, June 15, 2010_

## Source details

**Canonical URL:** [How Did Emerging Markets Cope in the Crisis?](https://www.imf.org/en/publications/policy-papers/issues/2016/12/31/how-did-emerging-markets-cope-in-the-crisis-pp4459)

## Other formats

- [Markdown version](/en/publications/policy-papers/issues/2016/12/31/how-did-emerging-markets-cope-in-the-crisis-pp4459/index.md)
- [Structured JSON version](/en/publications/policy-papers/issues/2016/12/31/how-did-emerging-markets-cope-in-the-crisis-pp4459/index.json)
- [Bundle manifest](/en/publications/policy-papers/issues/2016/12/31/how-did-emerging-markets-cope-in-the-crisis-pp4459/bundle-manifest.json)

## Bibliographic details
- Published: June 15, 2010
- Series: Policy Papers
- Stock No: ISBN

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### Summary
- This paper examines the performance of emerging market economies (EMs) during the recent global crisis and draws policy conclusions.
- It considers how EMs were affected by the initial impact of the crisis, examines the extent to which they were able to undertake countercyclical policies to moderate the impact, and highlights factors that have influenced the pace and timing of their recovery.
- Finally, it considers policy challenges facing EMs as the crisis subsides.
- This paper sheds light on the role of reserves in crises, and provides contextual background for work on the future financing role of the IMF.

### Scope and analytical focus
- Performance of emerging market economies (EMs) during the global crisis.
- Initial impact of the crisis on EMs.
- Extent and effectiveness of countercyclical policies undertaken by EMs.
- Factors influencing the pace and timing of EM recovery.
- Policy challenges for EMs as the crisis subsides.
- Role of reserves in crises.
- Context for future IMF financing role.

### Publication metadata
- Publication date: June 15, 2010
- Format available: Download PDF
- Subjects: Cross country analysis, Economic recovery, Emerging markets, Financial crisis, Fiscal policy, Global Financial Crisis 2008-2009, Monetary policy

*How Did Emerging Markets Cope in the Crisis?, (USA: International Monetary Fund, 0) accessed 9/18/2026*

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## Content in this bundle

- **How Did Emerging Markets Cope in the Crisis? ; IMF Policy Paper; June 15, 2010**
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_Source: https://www.imf.org/en/publications/policy-papers/issues/2016/12/31/how-did-emerging-markets-cope-in-the-crisis-pp4459_