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Global Macro Views: Why is US Wage Growth So Low?

We start to examine why average hourly earnings growth is so low. We show that the degree of dispersion in wage growth across sectors has risen, even

IIF Capital Flows Tracker: No Sign of Summertime Blues

We estimate that non-resident portfolio inflows to emerging markets were steady near USD20 billion in July.' EM Asia (USD9.3 bn) and EM Europe (USD7.6

How Financial Institutions and Fintechs Are Partnering for Inclusion

This report-produced in partnership with the Center for Financial Inclusion at Accion (CFI)-examines how partnerships between mainstream financial ins

Economic Views: India - BJP Gets Another Lift

Chief Minister Nitish Kumar of Bihar rejoins the BJP-led National Democratic Alliance (NDA). Strengthens Prime Minister Modi's hand in the run up to t

Economic Views: Russia

The central bank may decide to wait on another interest rate cut until later this year, as weaker ruble feeds into inflation expectations and will lik

Economic Views: China - 2H Growth to Remain Firm

2H growth will face more policy headwinds, especially on fiscal front. Expect GDP growth at 6.7% in 2H and 6.8% for 2017. These f

Nigeria Spotlight: FX Loans Go Sour, NPLs On The Rise

Non-performing loans rose sharply last year and are expected to increase further in 2017. While lending to the public sector continues to grow briskly

Economic Views: Brazil - Lifeless Recovery

Following a strong 2017Q1, our monthly growth tracker suggests a deceleration in the short-term Political woes have eroded growth expectations, reflec

Economic Views: Asia Six

In No Hurry to Alter Monetary Policy While policy rates have largely bottomed out in the region, the Asia Six central banks are likely to keep them a

Ukraine: Pension Reform At Last

The fiscal deficit that narrowed to 2.2% of GDP last year is likely to widen to 2.9% this year, as the government increases pensions and spending on d



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