In the post financial crisis age, the global economy is starting to face a certain degree of correction. In particular, the U.S. Federal Reserve ended the QE policy in 2014 when the U.S. economy recovered, and signaled the possibility of raising interest rates in 2015. As a result, some hot money left the emerging markets. In addition, Europe initiated an 18-month EUR 1.14 trillion debt buyback plan in 2015. All of the above have had an impact on the financial stability of the emerging countries.
1.Brazil - Inadequate policies and scandals let economy in turmoil
2.China – Sharp RRR & interest rate cuts signaling government's concern
3.India - Relatively stable growth, but poverty and traditional problems persist
4.Russia - Overdependence on energy and complicated politics issues make the economy stagnant
5.South Africa - Challenges of increasing unemployment, ongoing strikes, and inherent conditions
Figure 1 Economic growth trends for BRICS from 2005 to 2015