Virus Pandemic Just Picking Up in Emerging Markets, Says Johns Hopkins' Rebucci

The video discusses the impact of crises on emerging markets, highlighting capital outflows and the challenges posed by COVID-19. It examines the leverage within global real estate systems, noting that emerging markets often rely on cash transactions, reducing leverage issues. The video also explores Italy's economic difficulties, exacerbated by existing debt and the need for international financial assistance, particularly from the IMF.

What are the potential long-term impacts of the pandemic on individual communities in emerging markets?

What kind of support is Italy seeking from the European and international community?