Earlier this summer we published a series of pieces on large devaluations, … which showed that such devaluations materially boost export volume growt...

This week’s Digital Finance Developments explores fintech policies in Singapore, including how Singapore is promoting the responsible use of some emerging technologies, such as artificial intelligence, and also developing more specific regulations for others, like digital assets.

Export controls on goods going to Russia have upended global trade. There is a widespread rise in exports to Central Asia since the invasion, … whic...

Capital inflows are set to rebound in 2023 as sovereigns, particularly Saudi Arabia, issue more debt to finance fiscal deficits. However, resident outflows, largely GCC transfers to sovereign wealth funds, will continue to far exceed nonresident inflows.

The August 2023 edition of the Global Regulatory Update provides targeted updates on current workstreams and events.

Portfolio flows to EM stood at $32.8 bn in July. Equity and debt flows were $17.6 bn and $15.2 bn. Chinese equities posted $7.7 bn in inflows.

Ukraine has declared Russia’s Black Sea oil terminals “war risk areas.” We have provided regular updates on oil tankers operating out of Russia, … a...

A hard-won agreement with the IMF puts off tough decisions until after the election. We estimate the external financing gap at $16bn in 2023. Thus, the primary election is critical. We expect the opposition to do better than expected, but the situation is highly uncertain and market sensitive.

This week’s Digital Finance Developments examines the overlap between data and artificial intelligence (AI) policies, noting that the sector-specific approach of data rules and the tool-specific approach of AI policies will require careful consideration by the financial services industry.

This note is the third installment of our series of reports focusing on Egypt. We look at the composition of privatization proceeds in FY 2022/23 and then analyze potential prospects for privatization in FY 2023/24.

Voluntary carbon credit issuance picked up significantly in Q2 2023, as the ICVCM Core Carbon Principles and Assessment Framework were launched. Greater collaboration between the supply-side ICVCM and demand-side Voluntary Carbon Markets Integrity Initiative (VCMI) will support market development and rapidly growth in demand as companies ramp up climate commitments.

We’ve had a dovish take on US inflation since the middle of last year, … when our inflation metrics showed inflation becoming less broad-based, …  c...

July's addition of the Digital Finance Download. A monthly update of significant developments in digital finance around the globe.

Global climate flows surpassed $1.1 trillion in 2022 - up over 25% from $870 billion in 2021. However, this is still well short of what will be needed to achieve net-zero emissions. ESG stock and bond market performance improved in Q2 2023. Despite rapid growth, ESG integration in global debt markets is still at an early stage: just 6.1% of total debt issuance in Q2 2023 was ESG-linked.