Kuwedzera Kuda Mitengo & The Impact kuMarudzi Maketheni
Emerging Market Spillover
Misika yakasimuka yakagamuchira madhora 4,5 trillion yemari yakawanda yemari inowanikwa pakati pe2009 na2012 - inomiririra inenge hafu yepasi rose inotenderera - zvichienderana nehuwandu hwechikwereti chekudyidzana kwenharaunda munyika dzose dzakabudirira mushure mekutambudzika kwenyika yepasi rese muna 2008 . Pakati pemuganhu mukuru, mitengo yehutano uye yehutano yakasimudzika apo mari inokwidziridzwa inokosha, sezvo yakava yakadhura kubhadhara uye vatengesi vakatsvaga zvibereko kunze kwemiganhu yenyika dzakabudirira.
Sezvo veUnited States vachiratidza kuwanda kwezvikwereti, mararamiro anotanga kuwanda mari inotanga kuve nemafungiro makuru. Vashandi vemari vakawana ruzivo rwezvakabuda izvi munaMay naJune wa2013 pamwe nezvo zvinonzi "taper tantrum" episode, apo mafambiro emashambadziro anotambura nemitemo yakasarudzwa yakawanda iyo yakaderedza hupfumi hwavo. Nhau dzakaipa ndeyokuti nguva uye kufamba kwezvikwereti izvi zvinokwidziridzwa zvinogona kutora mushamba zvinoshamisa.
Mushure mokunge Federal Reserve yakasimbisa rhetoric, mukati mehafu yekutanga yegore ra2015, kubuda kwemashamba emari, zvibvumirano, uye mari yakatanga kuwedzerwa kukosha zvakare. Dzimwe nyanzvi dzinonetseka kuti ganda guru rekusimudzira rinogona kukonzera dambudziko rezvemari mumakambani anotanga, zvakadai sai zvakaitika muna 1982 na1994.
Nyika dzakadai seFragile Five dzinogona kunyanya kunetseka nemhando idzi dzematambudziko, sezvo dzakakundikana kusimbisa mari yavo yepamba.
Divergent Developed Markets
Emerging misika haisi ivo chete nyika inokanganisa neHeral Reserve Reserve inowedzera kuwanda kwezvibereko. Ukutengeserana kweEurope neJapan kunobatsira nekuderera kweyuro ne yen, asi kugadziriswa kwepodfolio kunogona kutora zvimwe zvezvikomborero. Nekutakura kudzokera kuUnited States zvichienderana nekukwirira kwekukwira, nyika yeEurozone inogona kuwana mari yakakwirira yekukwereta mari inogona kukanganisa kuwedzera kwehupfumi.
Izvozvo zvakati, kusununguka kwemitemo yemari neBhange reJapan neEuropean Central Bank zvingabatsira kubvisa kukonzerwa kweState Reserve Reserve kusimbisa pamashamba emakambani anotengesa. Izvi zvisingabatsiri sezvinoshandiswa nehuwandu hwemari muAmerica, zvisinei, dzakapiwa kuti misika zhinji inotanga kubuda ine dhora remadhora pane euro chikwereti, chinoita kuti zvive nyore zvikuru kufamba mumadhora eAmerica kupfuura iyo ye euro kana imwe yeEurope currencies.
Zvakakoshawo kuziva kuti Bhengi reEngland rakaratidza kuti raizogumisa purogiramu yaro yekuchera uye kuwedzera chikwata chekufarira muna May we 2016. Kunyange kutama hakusi kwakakosha sekuAmerica kana EU
zvisarudzo, zvinogona kugadzirisa nzvimbo yacho kuburikidza nekuyamwisa mhirizhonga yemarudzi akawanda.
Key Takeaway Points
- Sangano reState Reserve rinotarisira chikwata chekupera mu 2015, izvo zvave chiri chikonzero chakakura chekufungisisa zvose mumhuri uye munyika yose.
- Dzimwe nyanzvi dzinonetseka kuti misika inotanga kubuda inogona kutambudzwa zvikuru kubva pakukwira kwechikwata, sezvo ichizokwevera huwandu kubva kune hupfumi hwavo - chinhu chinozivikanwa se "taper tantrum" iyo yakatoonekwa kare muna 2013.
- Misika yakagadziriswa inogona kuwana zvido zviduku zvechikwereti chavo chepamusoro, izvo zvinogona kukonzera mari inodhura yakawanda yehuwandu hwekutengesa uye zvimwe zvirongwa zvinokurudzira.