China, Politics and the Art of Emerging-Markets Maintenance
Politics constrains the macroeconomy and capital markets by weighing on policy choices, in turn affecting a country’s ability to manage shocks.
February 23, 2016
Daily Agenda: Investors Focus on Shifting Policy
German factory orders slump; Japan signals inflation with rising wages; Group of 20 meets in Ankara.
September 4, 2015
Daily Agenda: The Week Ahead, August 31 – September 5, 2015
China and Japan release industrial and manufacturing data; ECB makes policy announcement; Scotland hosts annual Highland Games.
August 29, 2015
Erdogan’s Electoral Setback Sends Turkish Markets Tumbling
Sunday’s Turkish election saw voters put a stop to the president’s bid to amass power, but investors fear a new period of political uncertainty will hurt the economy.
June 9, 2015
Daily Agenda: CalPERS to Cull Asset Managers
Canada Pension Plan Investment Board moves to acquire GE division; Erdogan denied majority in Turkish elections; Japan’s GDP revised higher.
June 8, 2015
Turkey’s Erdem Basçi Struggles for Political Independence
Battling inflation, the Central Bank governor also finds himself at odds with Turkish President Recep Tayyip Erdogan, who wants interest rates kept low.
April 21, 2015
Strong Dollar Won’t Affect All Emerging-Markets Currencies Equally
The U.S. currency’s rise will leave winners and losers, forex analysts say, with developing markets in Asia faring relatively well.
January 28, 2015
Unhedged Commentary: In Turkey, Foreshortened Is Forearmed
March 12, 2014
BRICS, MINT and a Fragile Five: Where EM Groupings Go Wrong
Acronyms and clever labels might be catchy. But as Turkey shows, they can be pretty tenuous as well.
January 27, 2014
Investors Desert Turkish Currency in Droves
Turkey’s central bank does too good a job of bringing down the lira. Now what?
January 17, 2012