Asia Economics Update Reforms needed to prevent rise in India's public debt ratio A combination of rapid economic growth and low bond yields has resulted in a gradual decline in India’s public debt ratio since 2003. But the debt ratio will rise again in the coming years if the... 13th December 2012 · 1 min read
Latin America Economics Update Argentine debt: what are the risks ahead? As the dust settles on the latest twist in Argentina’s sovereign debt debacle, attention has turned to 2013 and the possibility of a fresh default. This remains a significant risk. But while a default... 12th December 2012 · 1 min read
Europe Economics Focus Has the ECB solved the crisis? Recent actions by euro-zone policymakers and the ECB in particular have prompted some commentators to conclude that the region has turned a corner. But we still expect the crisis to deepen again soon... 11th December 2012 · 1 min read
Europe Economics Update Italy back in the spotlight The intended resignation of Italian technocrat Prime Minister Mario Monti is a timely reminder thatthe euro-zone debt crisis still goes way beyond the problems of Greece. 10th December 2012 · 1 min read
US Economics Focus 2013 – make or break? 2013 could be the year in which a number of factors that have been holding back the US economic recovery are removed. This doesn’t mean the economy will soon start firing on all cylinders. But it does... 6th December 2012 · 1 min read
UK Economics Focus Autumn Statement 2012: More of the same There were few surprises in this Autumn Statement, which simply represented a continuation of the existing strategy. The Statement will do little to get the economy out of its current malaise and a... 5th December 2012 · 1 min read
Latin America Economics Update US fiscal cliff unlikely to destabilise Mexican economy Fears about the looming fiscal cliff have caused US businesses and households to defer spending plans, in the process contributing to the recent slowdown in the Mexican economy. But with an abrupt... 5th December 2012 · 1 min read
Middle East & North Africa Economics Update Gulf overheating fears fail to materialise The massive fiscal stimulus packages unveiled by Gulf economies in the wake of the Arab Spring raised fears at the time that they would lead to economic overheating and rising inflation. Fortunately... 4th December 2012 · 1 min read
Europe Economics Update Debt buyback won't transform Greece's fiscal outlook While early signs indicate that Greece’s debt buyback will be a success, it will not bring an end to the country’s fiscal crisis. 4th December 2012 · 1 min read
Japan Economics Weekly More tinkering around the edges On Friday, Japan’s government announced another stimulus package, the second in just over a month. For Japan’s economy the package is more a prick of the finger than a shot in the arm and appears to... 3rd December 2012 · 1 min read
Europe Economics Weekly Greek bail-out deal won't bring lasting calm Last week’s bail-out agreement has prompted some commentators to suggest that Greece’s future in the euro-zone should now be secure until at least next autumn. But we are not convinced. Indeed, given... 3rd December 2012 · 1 min read
Europe Economics Focus How the core should respond to a euro break-up Sharp appreciations in the euro-zone’s core countries would threaten to damage their exports and GDP in the event of a euro-zone break-up. But there are various policies that could be implemented to... 29th November 2012 · 1 min read
Europe Economics Update Euro-zone Fiscal Monitor (Nov.) Although Greece, Portugal and Ireland are making some fiscal progress, Italy and Spain are still struggling to cut their budget deficits 29th November 2012 · 1 min read
Europe Economics Update Greek deal delays the day of reckoning Euro-zone policymakers have found a bit more money down the back of the sofa to buy another sticking plaster for Greece. But the relatively easy options are running out fast. 27th November 2012 · 1 min read
Europe Economics Weekly Another Greek sticking plaster Euro-zone finance ministers are inching ever closer to a deal on the bail-out which will satisfy their own debt sustainability criteria and in the near term at least avoid a politically troublesome... 26th November 2012 · 1 min read
UK Economics Weekly Fiscal position still precarious October’s public finance data suggest that the fiscal position remains weak, with the main problem being on the receipts side. Along with rising inflation, downbeat business surveys and recent signs... 26th November 2012 · 1 min read
