The Inter-American Development Bank (IDB) and IDB Invest, members of the Global Emerging Markets Risk Database (GEMs) Consortium, announced the release of two publications that shed light on credit risk trends across emerging markets and developing economies (EMDEs). The publications, based on over 30 years of data from GEMs Consortium members, provide crucial insights into default… Continue reading IDB and IDB Invest Highlight New GEMs Consortium Publications, Offering Insights into Emerging Market Credit Risk
Categoría: Economy
IDB, IDB Invest and IDB Lab Launch 2024 Report on Results and Impact of Operations
Study highlights 75% compliance with Corporate Results Framework 2020-2023 goals The Inter-American Development Bank (IDB), IDB Invest and IDB Lab launched their “Development Effectiveness Overview (DEO) 2024” report, which analyzes the results and impacts of their operations during 2023, showing that more than 34 million people benefited from health services, 3.4 million women were included… Continue reading IDB, IDB Invest and IDB Lab Launch 2024 Report on Results and Impact of Operations
HCM City economic forum focuses on industrial transformation
HCM City (VNA) – The Ho Chi Minh City Economic Forum 2024 with the theme of industrial transformation – new driving force for the city’s sustainable development kicked off on September 25. The event drew the attendance of Prime Minister Pham Minh Chinh, the city’s leaders and a large number of Vietnamese and foreign economic experts.… Continue reading HCM City economic forum focuses on industrial transformation
The global job market is shifting. Here’s how to unlock opportunity in the jobs transition
The global labour market is undergoing profound change driven by technological progress and discovery, economic shifts and the ongoing green transition. Particularly given recent major advancements in Generative Artificial Intelligence, and the workforce transformations precipitated by the Covid-19 crisis, the jobs landscape is set for further reshaping in the near future. The World Economic Forum’s Future… Continue reading The global job market is shifting. Here’s how to unlock opportunity in the jobs transition
The role of space agencies in boosting R&D and business development
The space sector has historically been a source of innovation and technological change. Today, we are facing the New Space context, where private sector participation in space activities has grown exponentially. This is why many space agencies have adapted their roles in order to maximize the impact of their operations on the economies of their… Continue reading The role of space agencies in boosting R&D and business development
Using a mix of regulatory and soft law tax measures to combat illicit financial flows
Illicit financial flows (IFFs) are often associated with illegal activities, such as money laundering, tax evasion, corruption, smuggling, human trafficking, and terrorism financing. Combatting IFFs is high on the agenda of international policy makers, and it is one of the targets of the United Nations (UN) Sustainable Development Goals (SDGs). Developing countries are most vulnerable to… Continue reading Using a mix of regulatory and soft law tax measures to combat illicit financial flows
Cash vs Digital: How do digital government-to-person payments ease the lives of recipients?
Imagine having to take a day off work, travel a long distance and wait in line for several hours, rain or shine, to collect assistance or wage payments from the government. Now imagine having to repeat this process every month. This is the reality for millions of people worldwide whose livelihoods depend on government payments… Continue reading Cash vs Digital: How do digital government-to-person payments ease the lives of recipients?
What the Shifting Landscape in Global Value Chains Means for Latin America
In recent years, the global landscape of trade and investment has undergone significant transformations. As economies worldwide grapple with crises and geopolitical tensions, companies and governments are rethinking their strategies regarding production and supply chains. For Latin America and the Caribbean, this could mark a potential turning point if it were to take advantage of… Continue reading What the Shifting Landscape in Global Value Chains Means for Latin America
How Do We Transition to a Green Economy Without Leaving Anyone Behind?
This crucial change for the planet must be inclusive, equitable, and participatory to mitigate social costs. Imagine a couple, Lucía and Juan, living in a small rural community whose primary source of income is a coal mine. Juan has worked in the mine for nearly 15 years. Lucía, on the other hand, runs a small… Continue reading How Do We Transition to a Green Economy Without Leaving Anyone Behind?
ARTICLE: Financial Stability Implications of Emerging Market Currency Developments
The beginning of this year, we flagged that emerging markets were navigating high global interest rate volatility. We also noted that while emerging markets have thus far remained resilient, rising uncertainty could lead to challenging times ahead. A global soft landing remains the base case, as the July World Economic Outlook update showed. The forecast for economic… Continue reading ARTICLE: Financial Stability Implications of Emerging Market Currency Developments