EMs with large external funding needs are under pressure. The Turkish Lira is one of the currencies in focus. We present external funding scenarios to
This report-produced in partnership with the Center for Financial Inclusion at Accion and based on in-depth interviews with banks, fintechs, and other
Turkey hikes rates to support the lira-will this movie replay in other markets? Rise in EM local currency yields has been modest, compared to the tape
The Argentinian Peso and Turkish Lira have fallen sharply this year, but spillovers to the broader emerging markets complex have been limited. We e
Higher oil prices will widen the current account surplus from 2.5% of GDP in 2017 to 9.6% in 2018. The fiscal deficit, including investment income, wi
We have been writing on the growing vulnerabilities across EM, where we have been focused on two countries: Turkey and Argentina . Given recent dev
China still enjoys strong growth momentum driven by services and advanced manufacturing. Trade tensions and deleveraging of a very indebted economy ar
Labor force attachment has been studied extensively for DMs, "¦ where participation has risen among women and older workers. We document key trends in