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June 26, 2013
The environment for capital flows to emerging economies has worsened recently. Global risk aversion has surged amid concerns about the duration of ult

June 25, 2013
Improved financing conditions have led the government to leave its macroeconomic policies unchanged, despite the deepening recession and excessively h

June 20, 2013
The sharp global market reversal over the past month is positive for the economy by taking the froth out of the financial markets. While pressure is o

June 19, 2013
We have warned for a while about the global risks stemming from volatile market conditions in anticipation of an exit from easy U.S. monetary policy.

June 18, 2013
Concerns about the possible winding down of monetary accommodation in the U.S. had already brought the lira and Turkish asset prices under downward pr

June 17, 2013
Nonhydrocarbon growth is expected to remain robust. The increased total factor productivity in recent years reflected the efficiency gains from the im

June 17, 2013
Prior to the recent shift in market sentiment, abundant liquidity and renewed efforts by the ECB to support growth (including a rate cut on May 2) had

June 17, 2013
Downside risks predominate in the Euro Area periphery. Slack order books, substantial unused capacity and rising unemployment continue to dampen senti

June 12, 2013
After going through a soft patch, the economy appears to be gradually gaining momentum driven by monetary easing, fiscal stimulus and a depreciation o

June 10, 2013
Growth rebounded last year and will remain strong in 2013 and 2014, close to 8%. Increasing the investment rate will be essential to make high growth

June 10, 2013
After several decades of significant progress, Chile's path forward will require tackling head-on politically-sensitive structural reforms (education

June 10, 2013
U.S. households hold close to half of their financial assets in equities compared to around one-fifth in the Euro Area and less than one-tenth in Japa

June 10, 2013
In 2012, Qatar ended a six-year period in which real GDP growth was in double digits. LNG production has capped out at capacity, inducing stagnation i

June 7, 2013

Growing market fears that slowing economic growth amidst abundant liquidity presents a threat to financial stability and risks triggering a hard landi

June 6, 2013

The economic slowdown, restrictions on IPOs and tougher regulations have curbed private equity activity. While the recent downswing will run its cours

May 30, 2013
Kuwait continues to generate record fiscal and current account surpluses, driven by the hydrocarbon sector. This in turn has led to larger increases i

May 29, 2013
Investor-friendly measures and greater global appetite have precipitated a surge in foreign purchases of domestic stocks and bonds. The economy will b

May 28, 2013
Following decades of an energy sector controlled by the state, we remain confident that the Peña Nieto administration will be able to secure politica

May 23, 2013
Slow growth, low inflation and weak external demand finally prompted the central bank to cut the policy rate after a seven-month hiatus. The latest mo

May 23, 2013
A low ratio of investment to GDP is weighing on trend growth. Despite lower interest rates, investors remain in a cautious, wait-and-see mode amid hei
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