US Economics Update Student loan changes arguably a fiscal tightening President Biden has finally unveiled a plan to forgive some student debt via executive order. But the accompanying announcement that the pandemic-era moratorium on student debt will definitely expire... 25th August 2022 · 2 mins read
Latin America Economics Update Chile’s current account, the peso and FX debts The further widening of Chile’s current account deficit in Q2 combined with an increased reliance on portfolio inflows leave the Chilean peso vulnerable to a deterioration in investor risk appetite... 24th August 2022 · 6 mins read
Africa Economics Weekly Kenya’s elections, Bank of Ghana in panic mode Deputy President William Ruto was this week declared winner in Kenya’s presidential election, but the result is being challenged and the threat of violence lingers. Even if that is avoided, Mr. Ruto... 19th August 2022 · 9 mins read
Global Economics Update Private sector well placed for higher rates in major DMs In addition to revealing that higher interest rates had barely affected household and corporate finances, national accounts data for Q1 suggested that, with the exception of households in a handful of... 19th August 2022 · 5 mins read
China Economics Update FX reserves are no magic bullet in a debt crisis The foreign exchange reserves of the People’s Bank would be of little use in the event of a debt or banking crisis in China. The bulk of the costs of any clean-up would ultimately still be paid by the... 25th June 2014 · 1 min read
Emerging Markets Economics Focus Is a debt problem brewing in emerging markets? Having been spectators to the credit crisis that has gripped the developed world since 2008, debt problems now seem to be building in several major EMs. There are good reasons to think that the... 22nd October 2013 · 3 mins read
China Economics Update Is China gearing up for its own lost decade? There are many parallels between the current lending boom in China and that in the late-1980s which brought down Japan’s economy. But there are several reasons to think China will avoid the same fate. 18th November 2009 · 4 mins read
