To celebrate 2016, we've put together an infographic highlighting our work on behalf of our members. We look forward to continuing to engage with you in 2017.
The election of Donald Trump as US president implies a significant change in policy mix, but the details remain vague. Fiscal stimulus will add to US growth in the short run, but monetary policy tightening and a stronger dollar will partly offset the boost. While helpful for other developed markets, these policy changes could create headwinds for EMs, which could be compounded by more inward-looking US trade and immigration policies.
We’ve discussed previously the uncertainty around the impacts of the U.S. election and the course of U.S. policy. However, recent personnel announcements and public statements by the President-elect are starting to fill in the picture; we’ll know more as the new Administration prepares to take office on January 20th, 2017. In the meantime, IIF experts weigh in with their personal predictions on some of the likely impacts of the Trump Presidency.
December 13, 2016 — The IIF congratulates IIF Board Member Gary Cohn on his appointment as Director of the National Economic Council. We have benefitted from his leadership and sound judgment and look forward to working with him in his new role on policies that ensure financial stability and inclusive economic growth.
The retrenchment in non-resident portfolio flows to emerging markets that began on November 11th has yet to come to an end, according to our methodology.
The Institute of International Finance today announced that Charles Collyns will be departing the IIF as Managing Director and Chief Economist at the end of this year.
