Rapid Rate Hikes Hurt Emerging Markets: Njoroge

The video discusses the challenges faced by Kenya and similar emerging markets due to global events like COVID-19, the Ukraine war, and rising interest rates in developed countries. It highlights Kenya's resilience but also expresses concerns about the impact of these global policies on financial markets and borrowing capabilities.

In what ways have the financial markets in Kenya been affected by global events like COVID-19 and the war in Ukraine?

What are the main concerns regarding the financial situation in Kenya as discussed in the text?

How have emerging markets like Kenya shown resilience during global economic shocks?

What implications do the rapid increases in interest rates have on financial markets in developing countries?

What potential risks are associated with the changes in advanced economies' financial markets?