# Dean Peter Henry calls for structural reform in emerging market economies

1 Faculty News May 4, 2015 ![Business Insider logo](/sites/default/files/styles/246w/public/assets/images/business%20insider%20logo.jpg?itok=0MJSCdPh)>

Excerpt from [Business Insider](http://www.businessinsider.com/this-is-the-last-chance-for-emerging-markets-2015-4) -- "[Peter Henry](http://w4.stern.nyu.edu/faculty/bio/peter-henry), Dean of New York University's Stern School of Business and author of 'Turnaround: Third World Lessons for First World Growth,' says there is still time for emerging markets to make some changes: 'The best time for structural reform in emerging markets would have been from the outset of the Fed's QE program, before tapering,' he said. 'The second-best time is today, but next week is better than never.'"

[Read more](http://www.businessinsider.com/this-is-the-last-chance-for-emerging-markets-2015-4)