Publications

Brazil: That Elusive Little Thing Called Confidence

August 13, 2013

Confidence has weakened under the weight of sluggish growth, increased political uncertainty and policy inconsistency. Confidence erosion augurs that

Chile: A Tricky Electoral Reform

Popular discontent with the political establishment has increased pressure to reform the electoral system. Both the government and opposition have adv

Argentina: Rising Balance-of-Payments Pressures

Draconian controls on foreign exchange outflows have failed to ease strains on external accounts. International reserves have declined and underlying

Indonesia: Corrective Macroeconomic Policies

The belated hike in administered domestic fuel prices and monetary tightening should help foster the correction of macroeconomic imbalances and bolste

July/August 2013 Global Economic Monitor

The projected acceleration in global GDP growth is broadly on track as we enter 2013H2. This is primarily due to a pick-up in momentum in the mature e

Emerging Markets Bank Lending Conditions Survey - 2013Q2

The IIF's Emerging Markets Bank Lending Conditions Index fell for the first time since 2011Q4 and stood slightly below the 50 mark in 2013Q2, suggesti

Hungary: Financing Risks Likely to Remain Substantial

Risks of a sudden outflow appear contained at present given still high nominal forint yields, the prevalence of a few large institutional investors an

India: Central Bank Moves to Bolster the Exchange Rate

The government sought to attract large capital flows to provide time for the twin deficits to adjust at a gradual pace, but the strategy came unstuck

Côte d'Ivoire: Putting Public Finances on a Firmer Footing

The fiscal deficit narrowed to 3.1% of GDP in 2012 with a rebound in economic activity boosting revenue. Côte d'Ivoire will continue to run small and

Nigeria: Robust Growth, High Yields Attract Foreign Investors

Robust growth, a sizable current account surplus that is anchoring a stable exchange rate, and high yields have attracted foreign investors to Nigeria

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