The COVID-19 pandemic has severely disrupted the global economy at every level…
While we have seen some recent volatility, many risky asset markets around the world had a spectacular year in 2019…
In the October World Economic Outlook, we described the global economy as in a synchronized slowdown, with escalating downside risks that could further derail growth…
Since the global financial crisis of 2008, emerging market economies have experienced a surge in capital flows in response to significant monetary easing by major central banks…
US-China trade tensions have negatively affected consumers as well as many producers in both countries. The tariffs have reduced trade between the US and China…
In the decade since the collapse of US investment bank Lehman Brothers sparked the most severe economic crisis since the Great Depression, regulation and supervision of the financial sector have been strengthened considerably. This has reduced the risk of another
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The bouts of volatility in early February and late March that spooked investors were confined to equity markets. Nevertheless, they illustrate the potential for sudden market moves to expose fragilities in the financial system more broadly. With central banks in
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The International Monetary Fund (IMF) managing director Christine Lagarde approached the topic of crypto assets for the second time within a few weeks. One month ago, she expressed the possible drawbacks of crypto currencies market, focusing on the potential use for
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Recently appointed chairman of the International Monetary Fund Committee (IMFC) and South Africa’s Central Bank Governor Lesetja Kganyago breaks the traditionalist mold of central bankers. The central bank governor joined a panel discussion on what fintech means for central banking during
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