Publications

Capital Flows Report: Riding the Waves of Global Change

December 11, 2024

Global growth is expected to decelerate to 2.7% in 2025 from 2.9% in 2024, with EM growth at 3.8%. Capital flows to EMs are forecast to decline to $71...

Digital Finance Developments: International AI Policy Focuses on Safety

December 10, 2024

This week’s Digital Finance Developments discusses new efforts to coordinate AI policy across jurisdictions and the creation of new venues for this work, such as the International Network of AI Safety Institutes, as policymaker focus shifts toward international cooperation.

Current Account with Clay Lowery - Episode 92: Maturing Past the Shiny Object - An Update on Digital Assets

December 9, 2024

In this episode of Current Account, Clay is joined by IIF's Managing Director and Head of Digital Finance, Jessica Renier, to provide an update on dig...

IIF AI/ML Experts Group Briefing Note - November 2024

December 6, 2024

Briefing note from the November meeting of the IIF’s AI/ML Experts Group, a senior-level global network of Financial Institution leaders that meet quarterly.

Global Macro Views: The Productivity Surge and Policy Shake-Up: Time to Recalibrate r*

December 5, 2024

Expansionary fiscal policy and labor constraints are expected to drive inflationary pressures, raising the neutral rate. Trade policies and tariffs w...

Digital Finance Download - November 2024

December 4, 2024

Edition of the Digital Finance Download covering November 2024. A monthly update of significant developments in digital finance around the globe.

Global Debt Monitor: Winds of Change - Prospects for Debt Markets in 2025

December 3, 2024

The global debt stock surged by over $12 trillion in the first three quarters of 2024 to a record high of nearly $323 trillion.

IIF response - IASB Exposure Draft on Climate-related & Other Uncertainties

December 3, 2024

On November 28, the IIF submitted industry perspectives in response to the International Accounting Standards Board (IASB) Exposure Draft (ED) on Climate-related and Other Uncertainties in the Financial Statements.

Implementation Challenges Facing Financial Institutions in Europe

December 2, 2024

This note examines the key elements of the EU’s digital finance policy agenda that have yet to be fully implemented. Starting in mid-2025, measures from at least 10 different pieces of legislation that have been adopted or proposed will require implementation steps by FIs in a small time window.

Navigating the Trade Storm: Europe’s Strategy Amid Tariff Risks

November 28, 2024

U.S. tariffs could reduce Euro Area GDP by 0.3%-0.4%, with Germany’s autos and Italy’s machinery most exposed. Rising labor and energy costs, alongsi...

CEEMEA Views - Kenya: Fiscal Finances at Critical Juncture

November 27, 2024

Kenya’s public finances are at a turning point and if it is not careful, it could put strain on the BoP. Its fiscal outlook has come into question following the withdrawal of the 2024 Revenue Bill. The government plans to cut development spending instead of raising new revenue.

DataTalk - Briefing Note 33 – Payments, E-Commerce and Data

November 26, 2024

The November edition of DataTalk delved into the transformative connection between payments, e-commerce, and data, emphasizing their critical role in driving innovation and shaping the digital economy.

Digital Finance Developments: Tokenization Projects Get More Complex

November 26, 2024

This week’s Digital Finance Developments discusses the status of initiatives in several markets to support the creation of digital financial ecosystems, focusing on public-private collaborations in tokenizing government bonds and settlement of digital assets.

LatAm Views – LatAm Exposure to a US Policy Shift

November 26, 2024

Trump's recent election victory is expected to impact LatAm through trade, remittances, and capital flows. In this LatAm Views, we discuss the region’s exposure to a US policy shift, highlighting which countries are vulnerable and which could benefit.

GRU Podcast: Analyzing the Current Securitization Market and Environment

November 26, 2024

In this episode of the GRU Podcast, IIF's Richard Gray, Director of Regulatory Affairs, is joined by Carole Gintz, Associate Managing Director, Struct...

Sustainable Debt Monitor: What Next for ESG Debt Markets?

November 25, 2024

Global ESG debt issuance topped $1.2 trillion in the first ten months of 2024, and is on track to hit $1.5 trillion by year-end, marking an increase of more than 7% from 2023 figures. The U.S., China, and Germany were the top issuers, with improved funding conditions boosting U.S. activity.

Current Account with Clay Lowery - Episode 91: Who is Going to Pay for This? - A COP29 Recap

November 25, 2024

In this episode of Current Account, Clay is joined by Douglas Beal, the Global Head of Social Impact and Just Transition in Financial Institutions at ...

IIF response to EC Consultation Assessing Macroprudential Policies of NBFI

November 22, 2024

On November 22, 2024, the IIF submitted a response to the DG-FISMA Targeted Consultation Document, Assessing the Adequacy of Macroprudential Policies for Non-Bank Financial Intermediation (NBFI).

China Spotlight: The new fiscal package: mitigating risks

November 21, 2024

Beijing recently unveiled its fiscal package, which ended up mostly mitigating financial risks from local governments and banks. Although additional borrowing and fiscal spending are limit, the hope is to improve banks' and LGs' financial conditions and, thus, their lending and spending capacity.

Voluntary Carbon Markets Monitor: A Brighter Outlook for Voluntary Carbon Markets

November 21, 2024

COP29 marked a major milestone with the decision to operationalize the Article 6.4 mechanism, establishing a UN-supervised global voluntary carbon market—expected to boost demand and issuance of carbon credits.