Showing 1 - 10 of 34
The global economy is losing steam. After a weak start in the beginning of this year, world production accelerated … 2020 world output is expected to rise by 3.4 percent. Despite the gradual global economic slowdown, capacity utilization in …
Persistent link: https://www.econbiz.de/10012060516
World economic growth is moderating accompanied by a broad-based deterioration in economic sentiment. Following a … development. We expect the global economy to expand at a rate of 3.7 percent this year, followed by 3.4 next year. This is a … to expect world production to increase by 3.4 percent. The escalation of trade conflicts, the possibility of a “hard …
Persistent link: https://www.econbiz.de/10012060521
World economic growth has picked up from the sluggish pace registered at the start of the year. We expect global growth …
Persistent link: https://www.econbiz.de/10012061456
Official (government-to-government) lending is much larger than commonly known, often surpassing total private cross-border capital flows, especially during disasters such as wars, financial crises and natural catastrophes. We assemble the first comprehensive long-run dataset of official...
Persistent link: https://www.econbiz.de/10012233649
We investigate the relationships among trade, foreign direct investment and the real exchange rate between a set of Southeast Asian and Latin American countries and both the United States and Japan. Foreign direct investment by both Japan and the United States to the Southeast Asian countries in...
Persistent link: https://www.econbiz.de/10012472472
We develop a new dynamic factor model that allows us to jointly characterize global macroeconomic and financial cycles and the spillovers between them. The model decomposes macroeconomic cycles into the part driven by global and country-specific macro factors and the part driven by spillovers...
Persistent link: https://www.econbiz.de/10012479322
This paper presents a new measure of capital flow pressures in the form of a recast Exchange Market Pressure index. The measure captures pressures that materialize in actual international capital flows as well as pressures that result in exchange rate adjustments. The formulation is...
Persistent link: https://www.econbiz.de/10012453428
How will sovereign debt markets evolve in the 21st century? We survey how the literature has responded to the eurozone debt crisis, placing "lessons learned" in historical perspective. The crisis featured: (i) the return of debt problems to advanced economies; (ii) a bank-sovereign "doom-loop"...
Persistent link: https://www.econbiz.de/10012659067
The Covid-19 pandemic is a major test for governments around the world. We study the political consequences of (mis …
Persistent link: https://www.econbiz.de/10012269818
Global banks played a significant role in the transmission of the 2007 to 2009 crisis to emerging market economies. We examine the relationships between adverse liquidity shocks on main developed-country banking systems to emerging markets across Europe, Asia, and Latin America, isolating loan...
Persistent link: https://www.econbiz.de/10012462678