Emerging Markets Economics Chart Pack Many EMs still grappling with virus outbreaks Much of Latin America, South Africa, and parts of Asia – notably India and the Philippines – are still struggling to contain their first waves of coronavirus. And while policymakers in these countries... 31st July 2020 · 11 mins read
Emerging Markets Economics Emerging Markets Capital Flows Monitor (Jul. 2020) The recovery in EM capital flows stalled last month, but this is only a minor setback – net outflows were very small. The main culprit appears to have been softer foreign demand for EM equities, with... 20th July 2020 · 3 mins read
Latin America Economics Weekly Signs of (slow) regional recovery, Chile bond yields Data released this week underscore that Latin America’s economic recovery from the coronavirus crisis will be among the weakest in the world. One consequence is that monetary conditions will have to... 17th July 2020 · 4 mins read
Emerging Markets Trade Monitor Nascent export rebound has further to run EM goods exports remained weak in May, but partial June data point to a fledgling recovery. This is likely to continue in the coming months, although a number of factors look set to constrain the... 16th July 2020 · 3 mins read
Frontier Markets Wrap A closer look at frontier dollar bond issuance A handful of frontier market governments have issued Eurobonds over the past few months, but these could create vulnerabilities further down the line, particularly in Egypt, Ukraine and Bahrain... 14th July 2020 · 3 mins read
Emerging Markets Economics Update Credit growth should continue to hold up A combination of timely policy support and resilient cross-border banking sector flows appeared to alleviate a collapse in EM credit growth during height of the coronavirus crisis. These forces should... 8th July 2020 · 3 mins read
Latin America Chart Pack Still grappling with Covid, difficult recovery ahead Policymakers in the region have started to ease lockdowns but, with daily coronavirus cases still trending higher, restrictions are being lifted much more slowly than in most other countries. And... 25th June 2020 · 14 mins read
Emerging Markets Economics Update Emerging Markets Capital Flows Monitor Having suffered sizeable net capital outflows in March and April, our Tracker suggests that capital flows into and out of the emerging world were essentially balanced last month. And daily data... 25th June 2020 · 3 mins read
Emerging Markets Economics Chart Pack More evidence of uneven recovery While the incoming economic data continue to point to a nascent recovery in aggregate EM activity, some countries are being left behind. Recent figures from parts of Asia (China, Korea, Vietnam and... 19th June 2020 · 11 mins read
Emerging Markets Trade Monitor Three key points on the latest export data EM goods exports have slumped during the coronavirus crisis but perhaps by less than might have been expected. Indeed, shipments from parts of Asia appear to have been boosted by a surge in demand for... 18th June 2020 · 4 mins read
Emerging Markets Economics Update Early evidence of major fiscal damage Recently released government budget data for April suggest that fiscal deficits in many EMs, including in Brazil, Mexico, India and Turkey, may be running at 10-20% of GDP. This won’t cause a spate of... 10th June 2020 · 3 mins read
Emerging Markets Economics Update What to make of steeper EM yield curves? The steepening of EM local currency government bond yield curves since the crisis began in mid-February largely reflects a fall in short-term rates, but in some cases, like Brazil, Mexico and South... 4th June 2020 · 3 mins read
Emerging Markets Economics Chart Pack Diverging prospects Timely data suggest that April may have been the trough for EM GDP, and activity at an aggregate level should recover – albeit slowly – in the coming months. But this is likely to mask a significant... 29th May 2020 · 11 mins read
Emerging Markets Economics Update Lockdowns, infection rates and the EM recovery Large parts of Emerging Asia have controlled the virus exceptionally well, which should allow activity to recover quicker than in most other EMs. In contrast, many countries in Latin America are still... 26th May 2020 · 3 mins read
Latin America Data Response Mexico Bi-Weekly CPI (May) The larger-than-expected rise in Mexican inflation in the first half of May, to 2.8% (from 2.1% in April), may prompt the central bank to slow the pace of easing (or even pause its cycle) at next... 22nd May 2020 · 2 mins read
Latin America Economics Update Argentina’s D-day & what it means for restructuring Barring an eleventh hour deal out of the blue, Argentina’s ninth sovereign default will be confirmed on Friday and, while this event is unlikely to surprise many in the markets, it will up the ante on... 21st May 2020 · 4 mins read
