Emerging Markets Economics Update Emerging Markets Capital Flows Monitor (Aug) Our Tracker suggests that EMs experienced net capital inflows last month for the first time since the coronavirus crisis began. Daily data suggest that net capital inflows were generally sustained in... 26th August 2020 · 3 mins read
Emerging Markets Economics Chart Pack First waves still the big concern A handful of countries in East Asia and Eastern Europe (notably Korea and Poland) are suffering from rising coronavirus cases again, but the hit to activity there resulting from precautionary consumer... 25th August 2020 · 11 mins read
Africa Economics Weekly Nigeria’s limited fiscal space bites, SA banks in spotlight Nigerian government spending proposals for 2021, floated this week, signal just how much of a bind the authorities are in. Letting the naira weaken would be one way to address the large budget deficit... 21st August 2020 · 7 mins read
Emerging Markets Economics Update Five points on the latest EM coronavirus numbers Emerging markets account for the majority of new global coronavirus cases each day (see Chart 1) and, while containment measures may be tightened sporadically, these are generally likely to be... 21st August 2020 · 4 mins read
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
