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The Growth of Consumer Debt and its Effect on Economic Performance in Emerging Market Economies: Turkey, China, BrazilTsai, Sunny 01 January 2012 (has links)
As emerging market economies gain increasing influence and importance in the global economy, any development with a potentially destabilizing effect on the economic performance on such countries should be carefully monitored. This paper examines one particular development: the rise of consumer debt. Through the case studies of Turkey, China, and Brazil, this paper seeks to analyze the relationship between an increase in consumer debt and a country's GDP growth in emerging markets and how a detrimental relationship could severely impact the international economy at large.
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