EBRD blog European Bank for Reconstruction and Development

Tag: emerging markets

Postcard from Davos

An EBRD delegation took to the Swiss Alps this week for the traditional World Economic Forum in Davos. An annual get-together of the great and the good, it’s the sort of place where you can’t walk more than 50 yards without spotting a Nobel laureate, a prime minister or another G8 central bank governor.… Read more

The "invisible hand" of advanced country central banks in emerging markets

We all know that most emerging market economies have limited policy room to deliver massive counter-cyclical crisis response. This affects their risk perception, investor confidence, and capital inflows. Indeed, most emerging markets have limited fiscal space (except for those with a war chest of international reserves such as China and several other Asian countries, or Chile in Latin America).… Read more