Publications

Euro Area Periphery: Risks Still Skewed to the Downside

Downside risks predominate in the Euro Area periphery. Slack order books, substantial unused capacity and rising unemployment continue to dampen senti

Colombia: A Soft Patch, Gradual Recovery

After going through a soft patch, the economy appears to be gradually gaining momentum driven by monetary easing, fiscal stimulus and a depreciation o

Côte d'Ivoire: The Challenge of Sustaining High Growth

Growth rebounded last year and will remain strong in 2013 and 2014, close to 8%. Increasing the investment rate will be essential to make high growth

Chile: An Increasingly Complex Political Dynamic

After several decades of significant progress, Chile's path forward will require tackling head-on politically-sensitive structural reforms (education

Financial Wealth Effects in G3 Economies

U.S. households hold close to half of their financial assets in equities compared to around one-fifth in the Euro Area and less than one-tenth in Japa

Qatar: Continued Robust Nonhydrocarbon Growth

In 2012, Qatar ended a six-year period in which real GDP growth was in double digits. LNG production has capped out at capacity, inducing stagnation i

China: Economic Growth and Liquidity

Growing market fears that slowing economic growth amidst abundant liquidity presents a threat to financial stability and risks triggering a hard landi

China: Private Equity Boom Fades

The economic slowdown, restrictions on IPOs and tougher regulations have curbed private equity activity. While the recent downswing will run its cours

Kuwait: Hydrocarbons Generate Record Surpluses

Kuwait continues to generate record fiscal and current account surpluses, driven by the hydrocarbon sector. This in turn has led to larger increases i

India: Policy Moves Augment Capital Inflows

Investor-friendly measures and greater global appetite have precipitated a surge in foreign purchases of domestic stocks and bonds. The economy will b

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