After bottoming out over the past two years, the momentum of nonresident capital flows to emerging markets has shifted. This in large part due to a better EM outlook relative to advanced economies, with average EM output growth likely to be higher and EM interest rate spreads likely to widen.

We forecast solid – if unspectacular – global growth next year, … with above-consensus forecasts for the US, Latin America and China, … while the on...

In the immediate aftermath of the SVB shock almost three months ago, … the critical question was if SVB was a genuinely new shock hitting the US, … ...

We are lowering our global growth forecast due to Russia’s invasion of Ukraine, … and uncertainty of China’s growth prospects giv...