July 19, 2023/World Bank A combination of domestic imbalances and external shocks in 2022, led to macroeconomic challenges in Ghana. The year was marked by currency depreciation, rising inflation, and tumbling investor confidence. Pre-existing fiscal vulnerabilities such as mounting debt burden, a rigid budget weakened by high energy sector costs […]
OPINION/EDITORIAL
Emerging Market Economies Bear the Brunt of a Stronger Dollar
(Credit: Dilok-Klaisataporn/iStock by Getty Images) July 19, 2023/IMFBlog By Rudolfs Bems and Racha Moussa The US dollar’s strengthening last year to a 20-year high had major implications for the global economy. We examine these spillovers from the currency’s appreciation in our latest External Sector Report. Building on recent research by Maurice Obstfeld and Haonan […]
Opportunities for U.S. Agricultural Products in Singapore
July 19, 2023/USDA Foreign Agricultural Service International Agricultural Trade Report Zachary Bachtell Executive Summary Singapore imports more than 90 percent of its food and has a diverse, competitive array of trading partners. The United States and Singapore have a long-standing free trade agreement (FTA), and Singapore is a well-developed market […]
