Download PDF: The current economic situation in majority of EM countries is still very bleak amid various lockdown measures, but the worst has likely passed as economic activity continue to recover in most countries (Chart 1). There are signs that even in the worst-hit EM countries, measured by number of deaths per hundred thousand population,Continue reading “Taking A Pulse on EM Recovery”
Tag Archives: government
Assessing the Risk in EM Countries
Download PDF: Various quarantine measures imposed across EM countries to curb the spread of COVID-19 has put government, corporate and household at an unprecedented amount of pressure. Unlike in U.S. and Europe, where outsized government fiscal stimulus is being rolled-out to help consumers and corporates to weather liquidity pressure during the lockdown period, the responsesContinue reading “Assessing the Risk in EM Countries”
The Sweet Spot for Emerging Market Bonds
Downlaod PDF: Emerging Market Bonds High-yielding EM government and corporate bonds are likely to perform well in negative yields environment as investors search for yield. Although debt level has been rising, interest cost has been declining. Profit growth has also been outpacing the increase in interest cost, which does not translate the increase in debtContinue reading “The Sweet Spot for Emerging Market Bonds”
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