World Economic Outlook Update Global Recovery Stalls, Downside Risks Intensify -continued

January 24, 2012--The global recovery is threatened by intensifying strains in the euro area and fragilities elsewhere. Financial conditions have deteriorated, growth prospects have dimmed, and downside risks have escalated. Global output is projected to expand by 3¼ percent in 2012 -a downward revision of about ¾ percentage point relative to the September 2011 World Economic Outlook (WEO).
This is largely because the euro area economy is now expected to go into a mild recession in 2012 as a result of the rise in sovereign yields, the effects of bank deleveraging on the real economy, and the impact of additional fiscal consolidation. Growth in emerging and developing economies is also expected to slow because of the worsening external environment and a weakening of internal demand.

The most immediate policy challenge is to restore confidence and put an end to the crisis in the euro area by supporting growth, while sustaining adjustment, containing deleveraging, and providing more liquidity and monetary accommodation. In other major advanced economies, the key policy requirements are to address medium-term fiscal imbalances and to repair and reform financial systems, while sustaining the recovery. In emerging and developing economies, near-term policy should focus on responding to moderating domestic growth and to slowing external demand from advanced economies.

Financial risks escalate, global growth decelerates

Global growth prospects dimmed and risks sharply escalated during the fourth quarter of 2011, as the euro area crisis entered a perilous new phase. Activity remained relatively robust throughout the third quarter, with global GDP expanding at an annualized rate of 3½ percent—only slightly worse than forecast in the September 2011 WEO.

read more

Source: IMF

Global ETP News
Infographic: Emissions Change Starts at the Top
June 26, 2017--Some of the largest companies in America are also those leading the charge toward a more sustainable future, according to a joint report by Calvert Research, WWF, CDP, and Ceres.
read more
Crypto Correction: Bitcoin and Ether Dive as Market Sheds $13 Billion
June 26, 2017--Is the long-awaited "crypto correction" finally here?
read more
Banks' blockchain consortium picks IBM for trade finance platform
June 26, 2017--Tech giant IBM is building a blockchain-based platform for seven big European banks, including HSBC and Deutsche Bank, that is aimed at simplifying trade finance transactions for small- and medium-sized companies.
read more
Pension funds pressed to protect portfolios from climate change
June 26, 2017--Only one in 20 schemes has taken steps to mitigate threats to investments, says survey
read more
BIS-Building resilient growth requires international cooperation
June 25, 2017--The current economic upswing provides an opportunity to build greater economic resilience, the Bank for International Settlements (BIS) writes in its 87th Annual Report, released on Sunday. This involves shoring up the global economy's ability to withstand shocks and adapt to new trends, and preventing the emergence of imbalances.
read more
An Introduction to Algorithms
June 24, 2017--In the modern world, algorithms do much of the digital heavy lifting.
read more
Rise of passive investments creates pitfalls
June 22, 2017--Advisers look beyond management cost savings to defend active strategies
read more
Countries are progressing too slowly on green growth
June 20, 2017--Many countries have become more efficient in using natural resources and the services provided by the environment, generating more economic output per unit of carbon emitted and of energy or raw materials consumed.
read more
June 20, 2017--MSCI will include China A shares in the MSCI Emerging Markets Index
MSCI to consult on potential inclusion of Saudi Arabia in the MSCI Emerging Markets Index
MSCI delays decision on the reclassification of the MSCI Argentina and Nigeria Indexes
read more
Fintech: Capturing the Benefits, Avoiding the Risks
June 20, 2017--When you send an email, it takes one click of the mouse to deliver a message next door or across the planet. Gone are the days of special airmail stationery and colorful stamps to send letters abroad.
read more
IOSCO issues report on order routing incentives as part of effort to protect investors
June 19, 2017--The Board of the International Organization of Securities Commissions (IOSCO) today published its Final Report on Order Routing Incentives, which provides an overview of the practices used by market regulators regarding incentives for order routing that may influence how intermediaries treat their clients.
read more
Ayondo launches Bitcoin trading
June 19, 2017--Financial technology group ayondo has expanded its product portfolio with the launch of Bitcoin trading, allowing its clients easy access to the price movement of Bitcoin without the need to open up an e-wallet to purchase bitcoin in the internet.
read more
The Coming Productivity Boom: Transforming the Physical Economy with Information
June 14, 2017--Executive Summary
The Information Age is not over. It has barely begun.
The diffusion of information technology into the physical industries is poised to revive the economy, create jobs, and boost incomes.
read more
Smart beta products facing transparency problems, investors say
June 14, 2017--Investors are struggling to get important information about smart beta strategies, according to a survey by EDHEC-Risk Institute.
read more
BetaShares-Active v Passive: is passive investment outperformance merely cyclical?
June 13, 2017--A claim currently receiving renewed attention in the long-contested active versus passive investment debate is that the apparent outperformance of passive investment strategies is largely cyclical, and usually only takes place in the late stages of a bull market.
read more
IOSCO Task Force issues report on the regulation of wholesale market conduct
June 13, 2017--The Board of the International Organization of Securities Commissions today published IOSCO Task Force Report on Wholesale Market Conduct, which describes the tools and approaches that IOSCO members use to discourage, identify, prevent and sanction misconduct by individuals in wholesale markets.
read more
Slow adoption of technology hurts asset managers
June 11, 2017--Money managers at risk of losing market share to digitally savvy disrupters.
read more
Hedge funds face a crisis of confidence
June 11, 2017--Hedge funds are dancing with the devil.
read more
Bitcoin bulls runs wild as cryptocurrency surges above $3,000
June 11, 2017--Bitcoin traded above $3,000 for the first time, helped by increased demand from Asia-based investors.
read more
Chart: Measuring Global Competitiveness
June 9, 2017--What makes an economy competitive at the global level, and why?
It's a question that economists, investors, and politicians have been asking themselves for decades. And to help answer it, the World Economic Forum has created the Global Competitiveness Index, or GCI.
read more
IMF Working paper-Capital Controls and the Cost of Debt
June 9, 2017--Summary:
Using a panel data set for international corporate bonds and capital account restrictions in advanced and emerging economies, we show that restrictions on capital inflows produce a substantial and economically meaningful increase in corporate bond spreads.
read more
IMF Working Paper-A Tie That Binds: Revisiting the Trilemma in Emerging Market Economies
June 8, 2017--Summary:
This paper examines the claim that exchange rate regimes are of little salience in the transmission of global financial conditions to domestic financial and macroeconomic conditions by focusing on a sample of about 40 emerging market countries over 1986-2013.
read more
Second set of FAQs on the Liquidity Coverage Ratio issued by the Basel Committee
June 8, 2017--The Basel Committee on Banking Supervision has today issued a second set of frequently asked questions (FAQs) and answers on Basel III's Liquidity Coverage Ratio (LCR).
read more
BetaShares-Global Market Outlook: June 2017 -Tech boom
June 7, 2017--The MSCI All-Country World Equity Total Return Index rose a further 1.4% in May, after a 1.3% gain in April, to make it seven consecutive monthly increases.
read more
Better but not good enough: New approaches are needed to make globalisation work for all, OECD says in latest Economic Outlook
June 7, 2017--The global economy is expected to pick up moderately but greater efforts are needed to ensure that the benefits from growth and globalisation are more widely shared, according to the OECD's latest Economic Outlook.
read more
Infographic-The Demographic Timebomb: A Rapidly Aging Population
June 6, 2017--With record-high amounts of student debt, questionable job prospects, and too much avocado toast in their bellies, many millennials already feel like they are getting the short end of the stick.
read more
Betting on a green China and MSCI stamp of approval
June 5, 2017--Country's A-share market contains many environmentally friendly companies.
read more
IMF-Chart of the Week: Why Energy Prices Matter
June 5, 2017--World Environment Day is an occasion to consider why it's so important to get energy prices right. The IMF has long argued that energy prices that reflect environmental costs can help governments achieve their goals not only for improving public health but also for inclusive growth and sound public finances.
read more
Global Growth Set to Strengthen to 2.7 percent as Outlook Brightens
June 4, 2017--Commodity Exporters Gradually Recovering from Recent Low Prices
The World Bank forecasts that global economic growth will strengthen to 2.7 percent in 2017 as a pickup in manufacturing and trade, rising market confidence, and stabilizing commodity prices allow growth to resume in commodity-exporting emerging market and developing economies.
read more
Loose money raises the risks for private equity
June 4, 2017--The industry is attracting cash easily but investments are expensive
read more
Chart: Where is Global Growth Happening?
June 2, 2017--China and U.S. still generating >50% of Real GDP growth
According to forecasts from earlier this year by the World Bank, the global economy is expected to average a Real GDP growth rate of 2.8% between 2017-2019.
read more
EDHEC-Risk Institute study shows that goal-based investing principles can be used to design scalable retirement investment strategies that meet individual investors' needs
June 1, 2017--Existing financial products marketed as "retirement investment solutions" do not meet the needs of future retirees, which involve securing their essential goals expressed in terms of minimum levels of replacement income (focus on safety), while generating a relatively high probability of achieving their aspirational goals expressed in terms of target levels of replacement income (focus on performance).
read more
Exits settle at a new normal in private equity
June 1, 2017--While not hosting quite the blowouts of 2014 and 2015, the private equity (PE) industry wrapped up another strong year for exits in 2016.
read more
London & Capital-On its own, passive investing is an incomplete investment solution
Passive investing has attracted a loyal fan base. While active funds continue to dominate in terms of assets, passive funds are growing quickly-some 4.5x faster than active funds in 2016.
read more
IMF-Finance & Development: "Millennials and the Future of Work"
An Uncertain Future
Along with exciting new possibilities, millennials face a whole different set of obstacles.
read more
LSE buys Citi's indices business for $685m
May 30, 2017--Exchange's first big deal since collapse of proposed merger with Deutsche Börse.
read more
New Global Pathway on Carbon Pricing Can Shift Finance to Sustainable Investments: World Bank
May 29, 2017--New conclusions from the High-Level Commission on Carbon Prices, led by Nobel Laureate Joseph Stiglitz and Lord Nicholas Stern, provide the right advice at the right time to boost climate-friendly growth, investment and innovation, according to the World Bank's Senior Director for Climate Change.
read more
Stable dollar exchange rate masks ongoing renminbi slide
May 28, 2017--Chinese currency has fallen 2.5% against trade-weighted basket this year.
read more