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Turkey: Current Account Deficit Narrows, Risks Remain

External financing needs look set to increase with the current account shortfall likely to widen through 2014. Heavy reliance on short-term capital in

Argentina: The Ball is in Argentina's Court

Market sentiment remains volatile in light of the uncertainty surrounding the final verdict on litigation with holdout creditors. While the appeals co

Asia: Update on Chips and Cars

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Ukraine: New Government, Same Challenges

The Ukrainian economy is on a very volatile path. Real GDP growth slumped in 2012 but the aggressively expansionary fiscal policy fueled a consumption

Latin America: Call of the Yield

The main challenge facing Latin America has shifted from counteracting global weakness to coping with currency appreciation pressure from capital infl

Thailand: Rice Problem Not Going Away

The government is persevering with its generous rice price-support program. Falling exports, rising stocks and large fiscal costs suggest that the gov

Tanzania: Dovish Central Bank Poised for Limited Easing

Inflation has moderated due to easing food and energy prices, but is still above target. Core inflation remains sticky at around 8-9%. Activity is rob

Updated February 2013 Global Economic Chartbook

This update to our February Global Economic Chartbook includes revised GDP forecasts. The Chartbook updates our views on the global outlook, providing

Ecuador: Correa One More Time

President Rafael Correa has won reelection and secured a commanding legislative majority. Correa's tighter grip on power increases the likelihood of a

Italy: Inconclusive Election Intensifies Uncertainty

Only a slight margin in the popular vote for the center-left gave it a lower house majority but left the Senate hung. The inconclusive result leaves n
 

 

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