Global Data Pod Research Rap: Vulnerabilities to higher interest rates in EM Edge

Nora Szentivanyi is joined by Nicolaie Alexandru and Katherine Marney to discuss vulnerabilities of the EM Edge economies to higher interest rates, slower growth and lower oil prices.

Amid higher global interest rates, several EM Edge economies have lost market access and have turned to multilateral funding. Tighter funding is coming against the backdrop of wide fiscal deficits, larger debt stocks and lower reserves stocks. Declining oil prices also offer mixed benefits to the EM Edge group as global growth moderates. Against this backdrop, efforts to improve debt sustainability have become even more pressing.

Speakers:

Nora Szentivanyi, Global Economic Research

Nicolaie Alexandru, EM, Economic and Policy Research

Katherine Marney, EM, Economic and Policy Research

This podcast was recorded on June 8, 2023.

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