Emerging Markets / Country Risk
The Emerging Markets team analyses political and economic developments in Asia, Eastern Europe, the Middle East, Africa and Latin America. Our focus is on structural, long-term trends as well as on the importance of emerging markets for global financial markets. As part of Global Risk Analysis we are Deutsche Bank's centre of competence for sovereign risk-related issues.
In focus
The financial drawbacks of being an emerging economy
The US today, like Britain under the gold standard, acts as the world’s banker. It is the most important source of international liquidity, leading countries to hold USD-denominated assets. Not only does this allow the US and especially the US Treasury to tap into a large investor base ready to finance current account and fiscal deficits at a lower cost. To the extent that the demand for international liquidity and USD assets exceeds the US balance-of-payments deficit, it allows the US to recycle short-term foreign liabilities into long-term assets. [more]
Latest EM research
Spotlight on Germany
 
 
Online tools
Frontier country reports
Snapshot of key strengths and weaknesses of small Emerging Markets 
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