US Fed taper will not ignite emerging market crisis
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In this article
- End to US dysfunction
- Capital flows reverse
- End of cheap credit
- No repeat of 1997-98 crisis
- Less debt
- Higher reserves
- Improved bank regulation
- More transparency
- No sudden Fed moves
- Tame US inflation
- Reasons for concern
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_350.jpg "US Federal Reserve Chairman Ben Bernanke (Reuters/Yuri Gripas)")