Europe Economics Update Four things of note on the SNB this week The SNB has been uncharacteristically active this week, making a string of announcements about monetary policy, its balance sheet, minimum reserve requirement and lessons from the Credit Suisse... 2nd November 2023 · 3 mins read
China Economics Update Five takeaways from the Financial Work Conference China’s leadership has outlined its wish list for financial sector development. It wants stricter oversight of financial institutions to ensure they serve the interests of the Party and country. This... 1st November 2023 · 5 mins read
Africa Economics Weekly Africa food prices, SARB resignation, Zambia bond deal Inflation across Africa has been falling back recently, but persistent food price pressures pose a threat to policymaker’s ambitions to start cutting interest rates. In South Africa, the resignation... 27th October 2023 · 5 mins read
China Economics Weekly Larger deficit comes with a catch Tighter oversight of off-budget fiscal activity has resulted in the first net fall in bond issuance by local government financing vehicles and policy banks in over two decades. That’s one reason why... 27th October 2023 · 7 mins read
Middle East & North Africa Economics Weekly Saudi Arabia real estate, Gulf deposits in Egypt Saudi Arabia’s mortgage market continues to struggle and, together with increased residential real estate supply in the Kingdom, is likely to keep property prices subdued for some time. Elsewhere... 26th October 2023 · 8 mins read
Asia Economics Update Indonesia election – what is at stake? Reforms introduced by President Joko Widodo (commonly known as Jokowi) should enable the economy to continue growing rapidly once he steps down next year. The key question as the election approaches... 24th October 2023 · 3 mins read
Middle East & North Africa Chart Pack Middle East and North Africa Chart Pack (Oct. 2023) After a sharp slowdown this year, GDP growth across the Middle East and North Africa will improve in 2024 as OPEC+ starts to raise its output quotas and high oil prices allow the Gulf economies to... 24th October 2023 · 1 min read
Latin America Economics Update Argentina: más Massa? The strong showing for Peronist candidate and current Economy Minister Sergio Massa in Sunday’s presidential election in Argentina means that the run-up to the second round vote in November is likely... 23rd October 2023 · 3 mins read
Middle East & North Africa Economics Update Tunisia’s crisis nearing a crunch point Tunisia is stuck in a deep economic and political crisis, and with the IMF’s staff-level agreement yet to be approved, and it is only likely to get worse. We have long held the view that Tunisia is... 23rd October 2023 · 3 mins read
Latin America Economics Weekly Argentina and Ecuador’s elections, Venezuela sanctions Argentina's dire economic situation will be top of many voters’ minds when they head to the polls on Sunday, but the election will also have important geopolitical implications. An opposition victory... 20th October 2023 · 7 mins read
Middle East & North Africa Economics Weekly Israel-Hamas and Egypt, Qatar LNG, Saudi inflation Reports over the past week suggest that Egypt may be trying to leverage its role in the Israel-Gaza conflict to receive financial support. However, this would not address the fundamental issues behind... 19th October 2023 · 6 mins read
Latin America Economics Update Stakes in Argentina’s election couldn’t be higher Argentines face the choice between a shock-therapy style approach to tackling the country’s economic issues or more of the same unorthodox policymaking when they head to the polls in Sunday’s... 17th October 2023 · 4 mins read
Emerging Europe Economics Weekly Four points on the impact of the Israel-Hamas conflict There remain enormous uncertainties about how the war between Israel and Hamas will develop. Israel's economy has proven resilient to conflicts in the past, but its military efforts in Gaza this time... 13th October 2023 · 5 mins read
Middle East & North Africa Economics Weekly How will the Israel-Gaza conflict affect the rest of MENA? The outbreak of conflict between Hamas and Israel this week has not yet spilled over into the wider Middle East and North Africa. But the situation is in flux and, if Iran were to be pulled into the... 12th October 2023 · 8 mins read
Emerging Europe Economics Focus Poland's election: a fork in the road The outcome of Poland’s parliamentary election this Sunday will likely have a key bearing on the direction of economic policy, Poland’s relationship with the EU and support for Ukraine in the coming... 11th October 2023 · 25 mins read
Middle East & North Africa Economics Update A fresh look at Egypt’s external position Despite a marked improvement in Egypt’s current account deficit, the pound’s de-facto peg is deterring critical capital inflows and adding to concerns over large external financing needs. A fresh... 10th October 2023 · 4 mins read
