We examine conditions in the US banking system three months after the SVB shock. Banking system deposits – after initial outflows – have been stable ...

This week’s Digital Finance Developments explores quantum computing, including newly announced government development collaborations and public-private partnerships, as well as implications for the financial services industry.

Crisis risk is on the rise ahead of the October presidential elections. We put the 2023 external financing gap at $15bn amid negative net foreign reserves. Advancing IMF money could help but will require policy corrections. The next administration will be pressed to adopt a stabilization plan.

Early and up-front capital spending is crucial for managing the long-term costs of the energy transition; Achieving net zero emissions will require extensive investments in new and innovative technologies, with nearly half of emission reductions expected to come from technologies currently under development.

Last week we pointed to the uniformity of the Euro zone inflation rise, … with inflation up everywhere despite legacy output gaps on the periphery. ...

Oil prices have moderated, on the back of easing demand and improvements in supply. However, the range of uncertainty in the price of oil will remain significant throughout the rest of the year.

Prior to COVID, we flagged persistent and large periphery output gaps, … with periphery inflation running systematically below that in Germany, … in...

The global debt stock grew by $8.3 trillion to a near-record $305 trillion in Q1 2023; the combination of high debt levels and rising interest rates has pushed up debt service costs, prompting concerns about the use of leverage in the financial system.

This week’s Digital Finance Developments explores recent changes to the regulation of crypto-assets around the world, highlighting the U.S., while noting the struggles policymakers face in developing comprehensive standards.

The May 2023 edition of the Global Regulatory Update provides targeted updates on current workstreams and events.

The magnitude and multiplicity of the challenges facing Lebanon require close collaboration with the IMF, including undertaking a comprehensive reform program.

Last week’s GMV argued that sanctions on Russia have had limited effect. Financial sanctions have not been powerful enough to shorten war in Ukraine....

Amid tighter monetary and financial market conditions, ESG fund flows remain subdued and volatile. After large outflows in March, April saw a slight recovery in investor appetite for ESG funds. However, outflows from emerging market ESG funds accelerated in April.

Portfolio flows to EM stood at $9.8 bn in April. Equity and debt flows were $2.1 bn and $7.7 bn. Chinese equities posted $3.8 bn in inflows.