(Credit: IMF Photo) April 9, 2024/IMFBlog By Nicolas Fernandez-Arias, Alberto Musso, Carolina Osorio-Buitron, Adina Popescu The global economy is increasingly influenced by the Group of Twenty’s large emerging markets. Over the past two decades, these economies have become much more integrated with global markets and are generating larger economic “spillovers” to the rest […]
OPINION/EDITORIAL
Housing is One Reason Not All Countries Feel Same Pinch of Higher Interest Rates
(Credit: Kajdi Szabolcs/iStock by Getty Images) April 8, 2024/IMFBlog By Mehdi Benatiya Andaloussi, Nina Biljanovska, Alessia De Stefani, and Rui Mano Central banks have raised interest rates significantly over the past two years to combat post-pandemic inflation. Many thought this would lead to a slowdown in economic activity. Yet, global growth has […]
Fast-Growing $2 Trillion Private Credit Market Warrants Closer Watch
(Credit: da-kuk/iStock by Getty Images) April 8, 2024/IMFBlog By Charles Cohen, Caio Ferreira, Fabio Natalucci, Nobuyasu Sugimoto The private credit market, in which specialized non-bank financial institutions such as investment funds lend to corporate borrowers, topped $2.1 trillion globally last year in assets and committed capital. About three-quarters of this was in the […]
