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Sovereign Risks

The Danger Zone: Financial Stability Risks Soar

José Viñals | Posted 11.22.2011 | Business
José Viñals

Several shocks have recently buffeted the global financial system: unequivocal signs of a broader global economic slowdown; fresh market turbulence in the euro area; and the credit downgrade of the United States.

Shifting Gears: Where the Rubber Meets the Fiscal Road

Carlo Cottarelli | Posted 06.13.2011 | Business
Carlo Cottarelli

Countries are starting the climb the fiscal adjustment mountain, cutting back government deficits and debt levels, but according to our analysis, current plans often aren't enough to get countries where they need and want to go.

Financial System Fragilities - Achilles' Heel of Economic Recovery

José Viñals | Posted 05.25.2011 | Business
José Viñals

For emerging market policymakers, the main challenge will be to tackle the macroeconomic and financial challenges of sizable, and potentially volatile, capital inflows