Tags » Capital Flows

Openness and Inequality: Distributional Impacts of Capital Account Liberalization

By Davide Furceri and Prakash Loungani

It is well accepted that trade generates winners and losers. The past few decades have seen increases not just in trade in goods and services but trade in assets, as countries relax restrictions on the ability of capital to flow across national boundaries. 655 more words

International Monetary Fund

The Market Narrative - Week Ending October 30, 2015

Food for Thought

Curve Ball – Is the Yield Curve Still a Dependable Signal?
720 Global
This piece poses a valid question: will inverted yield be present prior to the next recession, given the Fed’s ZIRP? 611 more words

Food For Thought

Will a Fed rate hike affect house prices in emerging markets?

Ambrogio Cesa-Bianchi and Alessandro Rebucci

In some parts of the emerging world, housing markets have grown well ahead of income in recent years.  Will a US monetary policy normalisation bring about a correction in house prices as the search for yield unwinds and capital flows back to the US?  989 more words


US-Asia trade imbalance

Westpac produce a very detailed chart pack on the US economy called Northern Exposure. One item that stands out like a sore thumb is the trade imbalance between the US and Asia: 194 more words

US & Canada

Help Me Emerging Markets; You’re My Only Hope

The weakness in retail sales from December through February didn’t jibe with the strength in employment and consumer confidence.   547 more words

In the first part of this article, I started a discussion on steps that Nigeria’s incoming administration under president Muhammadu Buhari, should take in effecting productive changes in the country. 784 more words

Foreign Policy

The results have come in and Nigerians are all aware of the outcome: the presidential candidate of the All Progressives Congress, Muhammadu Buhari, has emerged president-elect. 791 more words

Foreign Policy