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Publications
Hungary: Near-Term Upside, Medium-Term Challenges
December 3, 2013
The near-term growth outlook has improved due to markedly expansionary policies. Sharp fiscal tightening last year and record low inflation leave scop
Weekly Insight: Policy in the Spotlight-Focus on U.S., China
November 21, 2013
Will higher bond yields dent the risk rally? China's third plenum blueprint beats expectations Chinese domestic bond market-ready to open up? Slow but
Weekly Insight: Risk Rally Still Running
November 14, 2013
Mature markets continue to rise, although emerging markets less buoyant Yellen remarks seen as dovish, and Fed policy normalization still seen distant
Ukraine: Time Is Running Out
November 14, 2013
Inflexible economic policies have caused the recession to deepen and macroeconomic imbalances to swell as financing pressures have intensified with ac
November 2013 Global Economic Monitor
November 14, 2013
Recent data in both mature and emerging markets have been consistent with the global economy achieving a significant pick-up in growth in 2014, with a
Sub-Saharan Africa: Reforms Needed For Higher Growth
November 10, 2013
With the exception of South Africa, global financial market volatility over the past few years has had little effect on growth in Sub-Saharan Africa.
Sub-Saharan Africa: Reforms Needed For Higher Growth
November 10, 2013
With the exception of South Africa, global financial market volatility over the past few years has had little effect on growth in Sub-Saharan Africa.
Weekly Insight: ECB Takes Action
November 7, 2013
ECB cuts rates by 25bp - how much more ammunition do they have? Incoming real activity data for the Euro Area remained broadly positive U.S. Q3 GDP -
Chile: Standing at a Turning Point
November 6, 2013
Chile stands at a turning point as it goes into presidential elections on November 17, 2013. Well-designed policies to address income inequality could
Indonesia: External Pressures- Induced Adjustment Underway
November 5, 2013
The limitations of dependence on commodity exports and domestic credit growth were evident in acute external pressures over the summer, exacerbated by
Weekly Insight: Can This Rally Be Spooked?
October 31, 2013
Only slightly curbed market enthusiasm U.S. economy failing to gain momentum so far and Fed stands pat ECB next week - on hold with an easing bias Eur
MENA: Arab Spring Countries Struggle, GCC Prospects Favorable
October 27, 2013
After nearly three years of political turmoil and uncertainty, the Arab Spring countries are yet to see the light at the end of the tunnel. Popular up
MENA: Arab Spring Countries Struggle, GCC Prospects Favorable
October 27, 2013
After nearly three years of political turmoil and uncertainty, the Arab Spring countries are yet to see the light at the end of the tunnel. Popular up
Weekly Insight: Return of the Punchbowl-Will the Buzz Last?
October 24, 2013
"Taper-delay rally" highlights the renewed search for yield U.S. outlook: fiscal battles and weaker job growth suggest no taper until 2014 Manufacturi
Challenges Facing EM Banks in a New Global Environment
October 24, 2013
This research note looks at banking systems in 10 leading Emerging Market economies, gauging their inner strengths and their ability to raise the capi
Emerging Markets Bank Lending Conditions Survey - 2013Q3
October 24, 2013
IIF's Emerging Markets Bank Lending Conditions Index declined further in 2013Q3, indicating that overall bank lending conditions continued to tighten
Peru: Moving to Sustain Growth
October 23, 2013
Peru has weathered well the increased global financial volatility over the last few months. However, growth has softened below-trend under the weight
Egypt: An Easy Road Map, A Difficult Road Ahead
October 20, 2013
In the three months since the ouster of President Morsi, the military has clamped down hard on the Muslim Brotherhood, alienated the movement from the
The Euro Area Debt Crisis: What's Next?
October 12, 2013
Progress has been made at the national level reducing fiscal and external deficits, improving competitiveness and stabilizing activity. Progress has a
The GCC: Sustaining Robust Growth, Maintaining Stability
October 10, 2013
The six Gulf Cooperation Council (GCC) countries registered an average real GDP growth of 5.2% in 2012. Growth is projected to moderate to 4.1% in 201
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