Many commentators, including the Bank of England’s Chief Economist, have suggested that the turmoil in emerging markets (EMs) over the last few months is just the latest phase of the global financial...

In the unlikely event that China’s growth rate collapses in the coming years, global growth would decline sharply simply because China accounts for such a large share of the world economy. But the...

Fears about the health of the world economy have centred on China, but the bulk of the slowdown over the past year has actually been due to weaker growth in commodity exporters. The outlook varies by...

The IMF’s call for central bankers to refrain from tightening policy may have fuelled fears that the world is on the brink of a major downturn. We think the picture is not so gloomy. Emerging...