Global crisis (BIS)

The global crisis and financial intermediation in emerging market economies. Senior central bank officials from emerging market economies (EMEs) met at the BIS in Basel to discuss how policymakers had responded to the effects of the international financial crisis on emerging market economies. In the case of Brasil, several lessons can be drawn from the Brazilian experience during the financial crisis, comented by Mário Mesquita and Mário Torós, in the work, Brazil and the 2008 panic. http://www.bis.org/publ/bppdf/bispap54.pdf and