WORKING PAPER | This paper assesses the effects of dominant currency shocks (strong US dollar) on emerging markets by studying exchange market pressure (EMP) or foreign exchange (FX) liquidity, GDP growth, external debt, and inflation.

ARTICLE | Aleksandr Gevorkyan, assistant professor of economics at St. John’s University, and Ingrid Harvold Kvangraven, New School economics student, published an article in the Review of Development Economics.