Hints and tips:
The shift away from emerging markets reflects an eclipsing of economics by politics
Economic forces put risk appetite of investors towards emerging economies in jeopardy
...“It has always been the case that the People’s Bank of China will allow the renminbi to weaken against the dollar if the dollar is strengthening against the euro,” said David Lubin, senior research fellow...
Investors should not assume this upturn in economic growth will be just like previous ones
A loosening of financial conditions would work in favour of more capital inflows
...David Lubin at Chatham House (familiar disclaimer: I’m also an associate fellow there) says the “global trade recession” may already have started. Trade Secrets is edited by Jonathan Moules...
When inflation is accelerating, a currency depreciation is more likely to add a kicker to domestic price pressures
Increased risk aversion, a shift in approach by the IMF and slowing trade combine to hit developing economies
If a coming investment push is inward-looking, it might substitute global trade rather than complement it
...David Mills, an economist in the Fed group, had plenty of questions for the ConsenSys team. Who could access these new financial platforms? How susceptible were they to hacking?...
...“Without growth, it’s just [all] risk,” says David Lubin, head of emerging market economics at the American bank Citi....
...Jens also helped Tom Brady – the David Beckham of American football and Gisele Bündchen’s husband – launch his own apparel line....
Some countries will find it difficult to match the fiscal expansion and central bank support in developed economies
...With a shift to the “economics of self reliance” with the west’s new focus on capital expenditure, the world economy will not benefit as much, says David Lubin, head of emerging markets economics at Citi...
...“The long-term real interest rate in South Africa remains close to 4 per cent, which is absurdly high when the potential growth rate in the economy is about 1.5 per cent,” said David Lubin, head of emerging...
...David Lubin, the head of emerging markets economics at Citi, argues that the benefits of a surge in government investment in the US and Europe will be muted if it aims to substitute for trade rather than...
When the Federal Reserve advances, the People’s Bank of China retreats
...David Lubin is head of emerging markets economics at Citi. beyondbrics is a forum on emerging markets for contributors from the worlds of business, finance, politics, academia and the third sector....
The organisation’s response to the Covid-19 crisis is hamstrung by its conditions
...Citi’s David Lubin warned of the dangers of “copycat economics” in emerging markets....
...David Lubin is head of emerging markets economics at Citi...
...“In recent years, we and other forecasters have made a systematic error in thinking about EM growth,” analysts led by Michel Nies, a senior associate at Citi Research, and David Lubin, head of emerging markets...
...“Emerging Asia is much better insulated than on the eve of the Asian crisis in 1997,” said David Lubin, head of emerging markets economics at Citigroup....
International Edition