Discussions around large current account imbalances among systemically relevant economies as a direct threat to the stability of the global…
Brazil’s GDP is poised to decline by close to 7% in 2015-2016. Per capita GDP in 2016 is likely to…
The Chinese economy is rebalancing while softening its growth pace. China’s spillovers on the global economy have operated through trade,…
World trade suffered another disappointing year in 2015, experiencing a contraction in merchandise trade volumes during the first half and…
After a exponential rise in foreign exchange reserves accumulation by emerging markets from 2000 onwards, the tide seems to have…
International trade has undergone a radical transformation in the past decades as production processes have fragmented along cross-border value chains.…
As the Financial Times pointed out recently, oil companies such as ExxonMobil and Shell would, under measures considered for the…
The end of the upswing phase of the commodity price super-cycle, after its peak in 2011, has lowered economic growth…
The oil price plunge since last June has been deemed, overall, as a boon for the global economy. However, that…
Brazil’s macroeconomic management faces four major immediate challenges. The response to them will be strengthened if economic agents could have…