Moody’s Ratings experts discuss the fragile recovery and new threats in EMs, including macro conditions, default trends, credit risks for sovereigns and corporates, and bright spots.

Host: Scott Phillips, Associate Managing Director, Moody’s Ratings

Related Research:

• Fragile recovery in EM credit conditions will continue
• Emerging Markets – Global: Local currency bond markets are growing fast, a credit-positive trend for debt issuers
• Sovereigns – Emerging Markets: Favorable financing conditions will not solve structural credit challenges
• Government-Related Issuers – Emerging Markets: GRIs’ standalone credit strength and government support vary widely across EMs
• Banks – Emerging Markets: Asset-quality risk is receding but remains high in several countries

To learn more, visit the Emerging Markets topic page.

© 2026 Moody’s Corporation and/or its licensors and affiliates. All rights reserved. Go to www.moodys.com/pages/globaldisclaimer.aspx for complete legal terms and conditions governing use of Moody’s information made available in this video.

Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.