The IIF covers 30-40 emerging and frontier markets, with a particular focus on economic and financing issues. Our reports feature topical analysis of macroeconomic fundamentals, policy developments, political economy dynamics and downside risks.
The recent Lira sell-off follows many years of trend depreciation, such that the currency is now materially undervalued in our models. Turkey's bal
Early this year we signaled rising EM risk , especially for Argentina and Turkey. We also flagged growing potential for contagion to the broader EM co