WTO forecasts rebound in global trade but warns of downside risks
April 10, 2024--Global goods trade is expected to pick up gradually this year following a contraction in 2023 that was driven by the lingering effects of high energy prices and inflation, WTO economists said in a new forecast on 10 April. The volume of world merchandise trade should increase by 2.6% in 2024 and 3.3% in 2025 after falling 1.2% in 2023. However, regional conflicts, geopolitical tensions and economic policy uncertainty pose substantial downside risks to the forecast.
Emerging Markets Are Exercising Greater Global Sway
April 9, 2024--Policymakers must be ready to manage greater spillovers to the global economy as emerging markets' influence grows
The global economy is increasingly influenced by the Group of Twenty's large emerging markets. Over the past two decades, these economies have become much more integrated with global markets and are generating larger economic "spillovers" to the rest of the world.
Rising Cyber Threats Pose Serious Concerns for Financial Stability
April 9, 2024--Greater digitalization and heightened geopolitical tensions imply that the risk of a cyberattack with systemic consequences has risen
Cyberattacks have more than doubled since the pandemic. While companies have historically suffered relatively modest direct losses from cyberattacks, some have experienced a much heavier toll.
Fast-Growing $2 Trillion Private Credit Market Warrants Closer Watch
April 8, 2024--Rapid growth of this opaque and highly interconnected segment of the financial system could heighten financial vulnerabilities given its limited oversight
The private credit market, in which specialized non-bank financial institutions such as investment funds lend to corporate borrowers, topped $2.1 trillion globally last year in assets and committed capital.
Housing is One Reason Not All Countries Feel Same Pinch of Higher Interest Rates
April 8, 2024--Effects may be delayed in some countries: if interest rates remain higher for longer, homeowners will likely feel their effects as mortgage rates adjust
Central banks have raised interest rates significantly over the past two years to combat post-pandemic inflation. Many thought this would lead to a slowdown in economic activity. Yet, global growth has held broadly steady, with deceleration only materializing in some countries.
Fast-Growing $2 Trillion Private Credit Market Warrants Closer Watch
April 8, 2024--Rapid growth of this opaque and highly interconnected segment of the financial system could heighten financial vulnerabilities given its limited oversight
The private credit market, in which specialized non-bank financial institutions such as investment funds lend to corporate borrowers, topped $2.1 trillion globally last year in assets and committed capital.
IMF Working Paper-Changing Global Linkages: A New Cold War?
April 5, 2024--Summary:
Global linkages are changing amidst elevated geopolitical tensions and a surge in policies directed at increasing supply chain resilience and national security. Using granular bilateral data, this paper provides new evidence of trade and investment fragmentation along geopolitical lines since Russia's invasion of Ukraine, and compares it to the historical experience of the early years of the Cold War.
IMF-Gender and Business Cycles
April 4, 2024-This note reviews the literature on the complex relationship between gender and business cycles. It focuses on nuanced patterns that challenge the notion of gender neutrality in economic fluctuations.
Cboe Global Listings Reaches New Milestone Surpassing 1,000 ETFs Listed Across its Global Network
April 2, 2024--Latest milestone marks continued progress in Cboe's mission to build a global listings network and expand the investable universe for investors
Cboe welcomed 106 new ETF securities across its global network of listings exchanges in the first quarter of 2024
More than 120 issuer partners currently list ETF products on Cboe's global network of stock exchanges in the U.S., Canada, UK, European Union, and Australia