Emerging Market Inflation Part 1: Introduction

Higher than average inflation in the United States is but a fraction of the inflationary pressures that emerging markets currently face. This week, Snapshot will investigate inflationary pressure from various regions around the world.

In many countries large foreign exchange reserves are putting enormous pressure on monetary growth, which many economists believe is primary cause of inflation. In other countries, it appears rising global food and energy prices are increasing prices.

Snapshot asks, what is the leading cause of inflation, monetary growth or an increase in global demand?

Brad Setser - The great emerging market inflation of 2007 and 2008
HSBC - Emerging economies are repeating our old mistakes
Standard Chartered - A year of growing monetary challenges
New York Times - A Global Need for Grain That Farms Can’t Fill