Emerging-market central banks face a Catch-22 where plunging economic growth means they can’t keep monetary conditions tight, but elevated inflation doesn’t allow them to halt rate hikes either. The result is a growing risk of monetary-policy error. Countries from Poland Read More …
Tag: market risks
Emerging markets face risk of policy error amid conflicting priorities
Climate change, risk finance, and innovative financial instruments
Risk is “the potential for consequences where the outcome is uncertain and something of value is at stake” (Intergovernmental Panel on Climate Change). It has distinguishable elements including a hazard, exposure, vulnerability, response options, values, magnitude, likelihood, and temporal characteristics, and Read More …