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Showing 21 - 30 of 174 results for "World Bank"

Chief economist update: Australia needs China more than it needs us

BENJAMIN ONG  |  FRIDAY, 22 MAY 2020
... economy in the world... is a big no no... NO. More so if that country (China) buys 34.7% of your exports (based on World Bank figures) that roughly equates to what Australia sells to Japan (16.4%), South Korea (7.0%), India (4.9%), US (3.8%), and Singapore ...

Recovery expected in 2021: IMF

ELIZA BAVIN  |  TUESDAY, 24 MAR 2020
... particularly concerned about low-income countries in debt distress-an issue on which we are working closely with the World Bank." Georgieva said the IMF is concentrating bilateral and multilateral surveillance on this crisis and policy actions to temper ...

Chief economist update: Welcome to the day after tomorrow

BENJAMIN ONG  |  WEDNESDAY, 4 MAR 2020
... growth while maintaining the resilience of the financial system. "We welcome that the International Monetary Fund, the World Bank, and other international financial institutions stand ready to help member countries address the human tragedy and economic ...

Chief economist update: Coronavirus has gone viral

BENJAMIN ONG  |  TUESDAY, 28 JAN 2020
... how much the virus will eat into global growth - the swine flu of 2009 was estimated to lop off 1.0% of global GDP. World Bank data shows global GDP grew by 4.4% between 2009 and 2010 (although this had been muddied by the substantial monetary and fiscal ...

American private debt fund eyes Australia

KANIKA SOOD  |  THURSDAY, 23 JAN 2020
A private debt manager with stellar past returns, is eyeing local superannuation funds as it starts to raise for a new fund. Victory Park Capital, headquartered in Chicago, is best known in the US for lending to financial services companies, focused ...

Chief economist update: A busy 2020 for Abe, BOJ

BENJAMIN ONG  |  TUESDAY, 14 JAN 2020
... and developing economies (EMDEs) is also expected to remain subdued, continuing a decade of disappointing outcomes." World Bank projections show US economic growth slowing from an estimated 1.6% in 2019 to 1.4% this year - a 0.1 pps downgrade from its ...

2020: Year of the fragile economy

ALLY SELBY  |  THURSDAY, 9 JAN 2020
... number of threats poised to disrupt the already tepid global rally. That's according to the latest report from the World Bank on the global economic outlook for 2020, aptly named "Fragile, Handle with Care". Trade tensions, slowing growth in major economies ...

No room for policy mistakes

BENJAMIN ONG  |  TUESDAY, 22 OCT 2019
In its world economic update for October, the International Monetary Fund said that the global economy is in a synchronised slowdown. Growth for 2019 was downgraded again to 3%, its slowest pace since the global financial crisis. "This is a serious ...

Chief economist update: Japan tightens fiscal policy

BENJAMIN ONG  |  FRIDAY, 11 OCT 2019
... recently supported by prescriptions from international institutions such as the International Monetary Fund (IMF), the World Bank (WB), the World Trade Organisation (WTO) and the Organisation for Economic Development and Cooperation (OECD) - Japan does ...

Chief economist update: Synchronised forecasts for a synchronised slowdown

BENJAMIN ONG  |  WEDNESDAY, 9 OCT 2019
"Just when you thought it was safe to go back in the water..." - Jaws The history of the US-China trade negotiations has followed a pattern ever since it began in 2018 - rhetoric from both sides building hopes for a deal only to be followed by escalating ...