02093cas a2200277 a 4500 AALejournalIMF014419 230101c9999 xx r poo 0 0eng d 5.00 USD 9781498327664 2617-6750 BD-DhAAL BD-DhAAL Cubeddu, Luis. Emerging Markets in Transition : Growth Prospects and Challenges / Luis Cubeddu, Alexander Culiuc, Ghada Fayad, Yuan Gao. Washington, D.C. : International Monetary Fund, 2014. 1 online resource (37 pages) Staff Discussion Notes <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students After a short-lived slowdown in the immediate aftermath of the global financial crisis and a swift rebound, emerging markets (EM) are now entering a period of slower growth. In fact, growth is now lower than the post-crisis peak of 2010-11, as well as the rates seen in the decade before the crisis. This raises the question of whether EMs can bounce back to the growth rates seen in the last decade or whether their prospects are dimmer than thought a few years ago. This SDN we will explore the drivers of the slowdown, how changes in external conditions that supported high growth in EMs will affect them over the medium term, and the policy priorities needed to sustain the growth rates seen in the past decades. In doing so, the paper differentiates EMs along various dimensions (e.g. degree of commodity dependence, trade and financial openness) to highlight the need to tailor policy priorities. Mode of access: Internet Culiuc, Alexander. Fayad, Ghada. Gao, Yuan. Staff Discussion Notes; Staff Discussion Notes ; No. 2014/006 Full text available on IMF http://elibrary.imf.org/view/journals/006/2014/006/006.2014.issue-006-en.xml IMF e-Library