Emerging Market Crisis Series

Emerging Market Crisis Series

Political risks may cloud strong economic outlook for Poland

Mar 21, 2016 11:52 am UTC| Commentary Politics

Polish GDP growths momentum remained strong with the real GDP growth of 3.9% in Q4. However, short-term indicators suggest temporary slowdown in economic growth in Q1 2016. In January 2016, industrial production growth...

Emerging Market Crisis Series

Path of Russia’s economic contraction continues to slow

Mar 21, 2016 11:21 am UTC| Commentary

Preliminary data indicated that Russias GDP growth contracted 3.7% y/y in 2015, as compared with 0.6% y/y growth in 2014. The economic contraction path continues to decelerate. In January 2016, the economic growth...

Emerging Market Crisis Series

Contraction in Russia’s retail sales likely slowed in February

Mar 21, 2016 10:39 am UTC| Commentary

Consumer activity in Russia has focused on the back of ongoing deleveraging of private sector balances and poor nominal wage growth since the beginning of 2016. Wide-spread volatility of ruble in January-February has...

Emerging Market Crisis Series

Brazilian spring: what's behind the latest protests?

Mar 18, 2016 15:31 pm UTC| Insights & Views Politics

Contrary to how it may seem today mass protests in Brazil were until recently a relatively rare occurrence. But since 2011, the country seems to have entered a contentious cycle, when repeated and growing mobilisations...

Emerging Market Crisis Series

The BRICs: battered, regressive, incompetent, and corrupt?

Mar 17, 2016 22:36 pm UTC| Insights & Views Economy

Theres an old joke about Brazil that suggests that its the country of the future and it always will be. For a while this looked to be an anachronistic, possibly racist stereotype that had been decisively overturned by...

Emerging Market Crisis Series

Global economic growth prospects improved slightly on developed markets’ economic activity

Mar 15, 2016 11:09 am UTC| Commentary Economy

The climate of global economic uncertainty is fading. The initial weakness seen in Q4 reports of global growth has been slightly moderated by subsequent revisions. In recent weeks, the tracking of Q4 growth has increased...

Emerging Market Crisis Series

From emerging to submerging: the debt burden killing off the age of the BRICS

Mar 15, 2016 00:04 am UTC| Insights & Views

Over the past three decades, global interest in emerging markets has soared, and when the financial crisis of 2008 hit, emerging markets were largely thought to be the next engine of global growth. Insofar as they have...