The situation surrounding emerging economies has been changing rapidly. The global economy has recently been slowing down and there are various downside risks, ranging from trade tensions to geopolitical risks. At this difficult point in time, it is critically important for the global economy that emerging economies achieve sustainable growth.
Axel A Weber: Financial stability and globalisation Opening address by Professor Dr Axel A Weber, President of the Deutsche Bundesbank, at the Second Conference of the Monetary Stability Foundation on “Financial Stability and Globalisation”, Frankfurt am Main, 3 June 2004.