EM Valuations Monitor Are EM credit spreads about to surge? The yields of dollar-denominated emerging market government bonds have been broadly flat over the past month after having declined by over one percentage point between the end of January and the end... 29th July 2014 · 1 min read
Emerging Markets Economics Update EM demographic challenge not the disaster that many expect The contribution that favourable demographics have made to emerging market growth over the past couple of decades is often overplayed. In reality, the growth of working age populations has played only... 29th July 2014 · 1 min read
Asia Economics Weekly Fuel subsidy reform an early test for Indonesia’s Jokowi Financial markets have welcomed the election of Joko Widodo as Indonesia’s president, but there is still great uncertainty over his policy priorities and his ability to push through his own agenda. Mr... 28th July 2014 · 1 min read
Emerging Europe Economics Update Fall in agricultural prices to help keep EM inflation muted Inflation across the EM world remains relatively low in aggregate terms, even if it is still worryingly high in a handful of countries. Looking ahead, with global food prices falling, and underlying... 24th July 2014 · 1 min read
Asia Economics Update Korean growth to accelerate in H2 on stimulus spending Despite the sharp Q2 slowdown in Korea, today’s government stimulus package should lead to anacceleration in growth in the second half of the year, putting the economy on schedule to meet ourforecast... 24th July 2014 · 1 min read
Asia Economics Update New Zealand rates to go on pause after latest hike The Reserve Bank of New Zealand (RBNZ) raised its policy rate by 25bp for the fourth straight meeting today, but signalled that it may now stay on hold for a while. We still expect one more rate hike... 24th July 2014 · 1 min read
Asia Economics Update Korean slowdown unlikely to prompt a rate cut GDP growth in Korea eased in the second quarter of the year, mainly due to a fall in consumer spending and investment. Although recent economic weakness has reignited talk of a possible rate cut, we... 24th July 2014 · 1 min read
Asia Economics Focus What can India's policymakers do to kick-start growth? The new government’s emphatic election victory in May has lifted some of the gloom that has hung over India’s economy in recent years. We see a number of ways in which the country’s new leaders can... 23rd July 2014 · 1 min read
Asia Economics Update Election uncertainty in Indonesia to weigh on sentiment The uncertainty surrounding Indonesia’s presidential election looks set to continue after Prabowo Subianto, who looks to have lost the election to Joko Widodo, refused to accept today’s results from... 22nd July 2014 · 1 min read
Asia Economics Weekly How much do commodities matter to Malaysia? As one of the region's few net commodity exporters, there are some concerns that Malaysia is vulnerable to a fall in commodity prices. But Malaysia is not as dependent on commodities as is often... 18th July 2014 · 1 min read
Emerging Markets Economics Chart Pack Signs of stabilisation in the BRIC economies Growth in the emerging world’s largest economies, the BRICs, appears to have stabilised afterslowing at the start of the year. The official data from China show GDP growthedging up in Q2 on the back... 17th July 2014 · 1 min read
Emerging Markets Economics Update Rising EM trade surplus a result of weaker growth The emerging market-wide trade surplus rose to a record high in US dollar terms in May. But while this would, at first sight, appear to be a positive development, much of the adjustment appears to be... 15th July 2014 · 1 min read
Asia Economics Update Slowing Indian inflation brings rate cuts back onto table Inflation in India appears finally to be edging in the right direction, making it increasingly likely that the Reserve Bank (RBI) will cut interest rates sooner than most currently anticipate. 14th July 2014 · 1 min read
Asia Economics Update Singapore's rebound from weak Q2 will be muted Today’s GDP data showed that Singapore's economy contracted in the second quarter of the year. Although we expect some rebound over the rest of 2014, helped by recovering export demand from advanced... 14th July 2014 · 1 min read
Asia Economics Weekly Singapore manufacturing will continue to struggle Singapore’s manufacturing exports have been a consistent weak point in the economy over recent years. A recovery in global demand should help, but the problems are more than cyclical. In fact, the... 14th July 2014 · 1 min read
Emerging Markets Economics Update Private sector debt remains a concern in some EMs The legacy of the last decade’s sharp rise in private sector debt has kept credit conditions tight and domestic demand weak across a number of EMs over the past few years. And while some of them have... 11th July 2014 · 1 min read
