Emerging markets are especially sensitive to global sovereign debt issues. When major economies falter, capital flows shift, interest rates rise, and local currencies weaken. Kevin McCarthy noted that emerging markets need strong policies and international support to remain resilient. #EmergingMarkets #SovereignDebt #KevinMcCarthy #AIMSummitInsights https://www.gulfanalytica.com/key-insights-from-kevin-mccarthy-on-global-sovereign-debt-political-polarization-and-emerging-market-trends-at-aim-summit-dubai