Top 3 data/events
• Australia – RBA minutes to reflect its cautious view
• Turkey – CBRT set to leave its policy rate on hold at 4.5%
• Ghana – Pace of fiscal consolidation will be closely watched
• Market focus
• China rolls out biggest econo...
To paraphrase Mark Twain, the reports of the death of EM bond markets have been greatly exaggerated. Increased global allocations to local EM bond markets have been not cyclical but primarily structural in nature, reflecting these markets’ rising ec...
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Digital technology is transforming the economy and society. Adoption, not invention, has the most economic impact. Technology can lift developed countries if they embrace change. New technologies offer more opportunities than challenges for emerging markets.
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