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Prospects Weekly: Headwinds from Euro Area likely to persist through the second quarter of 2012

Global Macroeconomics Team's picture

Latest business surveys for the Euro Area suggest that the nascent recovery in activity in the region may be shortlived. Recent data suggests that Euro-Area deleveraging has had a negative impact on trade finance, but that trade finance availability should firm during 2012.

Prospects Weekly: Private capital flows to low-income countries have proven more resilient than in middle income countries

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Private capital flows to low-income countries have proven more resilient than in middle income countries in the wake of the recent financial crisis, on account of their high dependence on relatively stable FDI flows. FDI flows to low-income countries were supported by increased South-South FDI and resource-related investment in developing countries.

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