The IMF forecasts lower annual global growth in 2015 largely due to the impact of weaker first-quarter growth in advanced economies.
Emerging markets disappoint because of strong Dollar, low commodities prices, and tha prospect of a Fed interest rate increase.
Economists expect further drops in exchange rates, but say lower commodity prices could limit how far the currencies fall.
Foreign borrowing by emerging-market firms is higher than it seems.
The outlook for cross-border trade continues to improve, although at slower pace.
Innovation designed to exploit opportunities in emerging markets can be transferred back home to positive effect.
The deterioration reflects weaker economic performance in many developing economies, says the Institute of International Finance.
Cheap credit is tempting emerging markets towards risky borrowing.
Western firms have piled into emerging markets in the past 20 years. Now comes the reckoning.
Developing economies struggle to cope with a new world.
Robin Li, CEO of China's largest search engine, says foreign firms will always find China a tough market to crack.
Educational efforts in emerging markets are creating a glut of skilled workers.
