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Emerging economies face China and rate pressures as IMF, WB meet

Restructuring efforts for defaulted countries could reach a breakthrough before year-end as talks continue, while the finances of nations like Pakistan and Egypt will also be under scrutiny when policymakers and asset managers gather for the World Bank and International Monetary Fund’s annual meetings in Marrakech next week
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China's new PBOC governor faces first big test on international stage • BusinessMirror

Pan Gongsheng is set to debut on the international stage next week, presenting the biggest opportunity for global economic and banking chiefs to rub shoulders with China’s top central banker and gain valuable clues on where he aims to steer policy. The People’s Bank of China governor is expected to make his way to Marrakech
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A Resilience Indicator: Can We Identify which Countries Would Be Most Affected by Global Economic Shocks?

A year ago, the International Monetary Fund (IMF) announced that an alarming 60 percent of developing countries and 25 percent of emerging market economies were either in debt distress or at severe risk of default. The confluence of severe shocks in the period 2020-22, starting with the COVID-19 pandemic and followed by Russia’s invasion of Ukraine and interest rate hikes in advanced economies, left many emerging markets and developing economies (EMDEs) struggling to meet their external obliga...
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Source: cgdev.org

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