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Publications
Brazil: The Tortuous Path to Fiscal Rightness
July 30, 2015
The Petrobras
Portfolio Allocation Trends
July 28, 2015
BEHIND THE DROP IN FUND ALLOCATIONS TO EMERGING MARKETS Falling commodity prices feed into shift away from emerging markets. Flows to EM funds h
Mexico: Exposed But Hardly Vulnerable
July 27, 2015
The macro policy framework is allowing a smooth adjustment of the economy to dollar strength, a low oil price and impending lift-off of interest rates
IIF Dispatch: Update from Brazil
July 26, 2015
BRAZIL: UPHILL FISCAL BATTLE "¢ Brazil has revised down its fiscal targets, reflecting the economy's deeper downturn and stronger political headwinds
July/August 2015 Capital Markets Monitor Chartbook
July 24, 2015
Cross-asset: Lower market volatility has facilitated some recovery in risk assets. However, correlations across EM currencies and bonds remain elevate
IIF Dispatch: Update on India
July 23, 2015
The monsoon session has begun with much-anticipated drama.' The opposition Congress Party has sought to stall proceedings until the foreign minister a
Weekly Insight: Double Trouble
July 23, 2015
Greece-negotiating the third program U.S. property market-signs of strength Not all is well on the Mexican front Bad today, worse tomorrow: pessimi
Philippines: Resilient Despite Risks
July 22, 2015
Economic growth was held back in the first quarter by a slower expansion of government spending and a slowdown in exports, while private consumption a
IIF Dispatch: Update from Ghana
July 22, 2015
During our recent visit to Accra, we sensed a country on the road to recovery ' after a turbulent couple of years. Although there are tough challenges
IIF Dispatch: Update from Malaysia
July 20, 2015
Prime Minister Najib Razak is under pressure as investigators scrutinize the finances of 1Malaysia Development Berhad (1MDB), ' the state-sponsored st
IIF Dispatch: Update from Kiev
July 16, 2015
From our discussions with market participants we understand' that the prevailing view in Kiev is tha
Algérie: La Stabilité macroéconomique menacée
July 16, 2015
Le statu quo politique a été maintenu. Les récents troubles ethniques (affrontements entre gangs rivaux Berbères et Arabes) seront vraisemblableme
China Spotlight: Has the Property Market Bottomed Out?
July 16, 2015
After the progressive easing in monetary policy and relaxation of administrative measures, the real estate market seemed to be gradually turning aroun
Turkey: Growth Concerns
July 16, 2015
Real GDP growth appears to have suffered after an unexpectedly strong first quarter. On balance, we have ma
Weekly Insight: The Caravan Moves On
July 16, 2015
Greece was saved? Debt restructuring-drawing the right lessons Dodging bullets-the global economic outlook at midyear ECB-beyond Greece, things hol
Top Six Risks for the Global Economy
July 15, 2015
We have reshuffled and shortened our list of top risks this month, putting China in the top spot as the risks of a bumpy ride that we had flagged for
Capital Markets Monitor: Debt Restructuring: Drawing the Right Lessons
July 15, 2015
While Greece's tortuous efforts to seek a third bailout package that will enable them to keep the euro have commanded attention, the debt operations o
July 2015 Forecast in Detail
July 15, 2015
Compared to our April GEM, we have lowered our global growth forecast for both 2015 and 2016 by 0.2pp, led by both mature economies and EMs. For the m
July 2015 Global Economic Monitor: Dodging Bullets - The Outlook at Midyear
July 15, 2015
Financial markets in mid-year are riding an emotional rollercoaster, hit by a Chinese stock market slump and the quickly moving Greek drama. By contra
IIF Dispatch: Update from Nigeria
July 14, 2015
During our recent visit to Lagos and Abuja, we found the country in a state of limbo.' Although President Buhari was inaugurated last May, the country
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