Emerging Markets Activity Monitor Taking stock of Q2 GDP and the recovery so far The latest Q2 GDP figures show diverging depths of downturns between EMs (outside China), which can largely be explained by differences in the severity of virus outbreaks and the stringency of... 20th August 2020 · 4 mins read
Emerging Markets Trade Monitor EM exports facing greater headwinds EM goods exports rebounded reasonably strongly in June and July but, with the global recovery showing signs of losing momentum, further gains from here are likely to be slow-going. 19th August 2020 · 3 mins read
Africa Economics Weekly Covid cases fall in SA, security risks to Mozambican gas 14th August 2020 · 5 mins read
Emerging Markets Economics Update Why Turkey contagion risks are smaller than in 2018 Concerns are mounting that Turkey is on the brink of a fresh currency crisis which, were it to materialise, could trigger some turbulence in other EMs’ financial markets. But it’s unlikely to result... 13th August 2020 · 3 mins read
Emerging Markets Economics Update Current account data suggest Turkish lira is an outlier A fundamental force behind the growing pressure on the Turkish lira is the economy’s widening current account deficit. But in most cases, the Covid-19 crisis appears to be causing current account... 12th August 2020 · 3 mins read
Africa Economics Weekly Investments under threat in Nigeria and South Africa Foreign investments into the biggest economies in Sub-Saharan Africa took a blow this week. We think that the announcement of a major food retailer’s exit from Nigeria may be representative of the... 7th August 2020 · 5 mins read
Emerging Markets Economics Debt restructurings: lessons from Argentina & Ecuador Argentina and Ecuador’s swift debt restructuring deals may provide a blueprint for other debt-distressed sovereigns. But these deals are not quite the success stories they seem at first sight. In any... 5th August 2020 · 3 mins read
Emerging Markets Economics Update PMIs: Uneven manufacturing recovery continues The rise in the EM manufacturing PMI in July (to 51.4) should be treated with caution but, even so, it still suggests that conditions in EM manufacturing are improving. The recovery is likely to be... 3rd August 2020 · 2 mins read
Africa Economics Weekly Fund times: Angola, South Africa and the IMF The Angolan authorities are seeking to expand the country’s IMF programme, which would help to ease balance of payments strains. But it’s far from a done deal as the Fund may require a restructuring... 31st July 2020 · 5 mins read
Africa Chart Pack Recovery threatened by rising virus cases The past month has brought further signs that countries across Sub-Saharan Africa are struggling to bring the coronavirus under control. Of course, the true extent of the spread of the virus is... 31st July 2020 · 13 mins read
Emerging Markets Economics Chart Pack Many EMs still grappling with virus outbreaks Much of Latin America, South Africa, and parts of Asia – notably India and the Philippines – are still struggling to contain their first waves of coronavirus. And while policymakers in these countries... 31st July 2020 · 11 mins read
Africa Economic Outlook Debt risks growing South Africa, the oil producers (Angola and Nigeria) and tourism-dependent economies (Mauritius, Namibia and Botswana) are all likely to suffer particularly weak recoveries over the coming quarters... 29th July 2020 · 22 mins read
Emerging Markets Activity Monitor First signs of EM recovery losing steam Our Mobility Trackers suggest that the EM recovery hit a snag in July, partly due to escalating coronavirus cases and tightening restrictions in some EMs (South Africa, Colombia, Hong Kong). This may... 28th July 2020 · 2 mins read
Africa Economics Weekly IMF increasing funding limits, SA’s economic recovery The IMF’s decision to expand access limits could open the way for African economies to receive more multilateral support, but the Fund clearly wants countries to move to programmes with conditionality... 24th July 2020 · 5 mins read
Emerging Markets Economic Outlook An uneven recovery An economic recovery is underway across emerging markets, but there are big differences in its speed and strength between regions and countries. China’s economy is making up lost ground rapidly and... 23rd July 2020 · 26 mins read
Africa Economics Weekly Ethiopia’s dam, South Africa’s fiscal conundrum Tensions over the Grand Ethiopian Renaissance Dam have ratcheted up over the past week, raising the risk of conflict with Egypt, which would do severe damage to both the country’s near- and long-term... 17th July 2020 · 7 mins read
