Inside Emerging Markets

with Rahul Ghosh
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Moody's Talks - Inside Emerging Markets


episodes

Episode
15
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October 14, 2020

China ramps up infrastructure spending to galvanize economic growth

Ivy Poon of the Infrastructure Finance team discusses how fiscal support will help offset the rise in leverage for infrastructure issuers resulting from increased capital spending on transportation, renewable energy and other projects. Also, Celina Vansetti-Hutchins of the Banking team explains what the rapid drop in Brazilian interest rates this year means for credit conditions for the country’s banks.​
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Episode
14
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September 30, 2020

Government stress weighs on African banks; Lebanon’s economic conditions deteriorate

Constantinos Kypreos of the Banking team talks about the mounting credit strains on African banks, a reflection of the weakening financial strength of their home countries. Plus, Elisa Parisi-Capone of the Sovereign team examines the credit effects of Lebanon’s economic, financial and social crisis, as well as the potential for reforms.​
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Episode
13
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September 16, 2020

Mexico’s job losses will cut across the economy; political risks rise in Belarus

Gersan Zurita of the Credit Strategy & Research team discusses the steep decline in Mexican employment resulting from the COVID-19 pandemic and why the road to recovery will be long. Plus, Evan Wohlmann of the Sovereign team explains how heightened political instability in Belarus is negative for the country’s sovereign credit quality.​​​
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Episode
12
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September 2, 2020

Institutional weakness and high debt burdens are leading causes of sovereign defaults

Elena Duggar discusses the Credit Strategy & Research team’s analysis of the four main causes of sovereign bond defaults and how environmental, social and governance issues can be contributing factors. Plus, Atsi Sheth explains how increased manufacturing output and Chinese economic activity point to an incipient rebound in global trade.​​​
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Episode
11
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August 19, 2020

Global remittances fall; sukuk issuance to rebound after first-half stumble

Christian de Guzman of the Sovereign team discusses how lower wages and the fall in employment of migrant workers in advanced economies will result in a decline in remittances to some developing economies. Also, Banking team analyst Nitish Bhojnagarwala talks about our outlook for the issuance of Islamic sukuk bonds.​
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Episode
10
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August 5, 2020

Travel slump casts shadow over UAE property market and Macao gaming

Corporates analyst Lahlou Meksaoui discusses the credit outlook for UAE property developers. Plus, Sean Hwang, also from the Corporates team, talks about prospects for a revival of Macao's gaming sector.​​​
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Episode
9
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July 22, 2020

Downturn in oil demand poses obstacles for Russian oil companies

Artem Frolov of the Corporates team provides insight about our cautiously optimistic view of Russian oil companies’ credit dynamics despite the adverse operating environment. Plus, Michael Higgins of the Sovereign team discusses the challenges and recovery prospects for non-investment grade emerging and frontier market sovereigns.​​
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Episode
8
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July 8, 2020

Pandemic shines spotlight on credit challenges in Turkey

Sarah Carlson of the Sovereign team examines Turkey’s economic and credit prospects following the coronavirus shock. Plus, Merxe Tudela Carreres of the Model Development group discusses the findings of Moody’s new EM Financial Conditions Indicators series.​​​​
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Episode
7
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June 24, 2020

Coronavirus weighs on tourism reliant EM sovereigns

David Rogovic of the Sovereigns team discusses how the global travel slump is hurting emerging market countries, particularly small island-economies with a heavy dependence on tourism revenue. Plus, Barbara Mattos of the Corporates team shares insights as to how Brazilian mining giant Vale, a bellwether for the sector, is faring after coronavirus related disruption to its operations. ​​​​​​​
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Episode
6
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June 10, 2020

How Beijing’s policy agenda will shape China’s credit outlook

Michael Taylor of the Credit Strategy & Research team discusses the prospects for economic recovery and employment stability in China as the country tries to revitalize growth following the coronavirus. Also, Kelvin Dalrymple from the Sovereign team talks about the twin shocks for East Africa of the coronavirus and a locust infestation that threatens the region’s crops.​
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Episode
5
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May 27, 2020

G-20 debt relief plan no panacea for vulnerable emerging markets

Lucie Villa of the Sovereign team discusses a debt relief initiative for low-income countries grappling with liquidity pressures. Also, Daniela Jayesuria of the Structured Finance team offers insights on coronavirus-related debt moratoriums for individual and corporate borrowers in Latin America, one of the biggest securitization markets in emerging markets.​​​​​
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Episode
4
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May 13, 2020

Emerging markets confront far-reaching economic challenges

Atsi Sheth of the Credit Strategy and Research team shares insights on how the coronavirus will likely push the global economy into recession this year, and why the downturn poses particular risks for emerging markets. Plus, Sean Marion of the Financial Institutions team discusses why credit risks are rising for South African banks.​​​​​
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Episode
3
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April 29, 2020

Credit challenges in Mexico and worsening prospects for the Chinese property sector

Ariane Ortiz-Bollin of the Sovereign team and Nymia Almeida of the Corporates team discuss the factors behind our recent rating downgrades of the Mexican sovereign and domestic energy giant PEMEX. Also, we get insights from Franco Leung of the Corporates team on the weaker operating environment for China’s property sector, one of the most active segments in emerging Asia debt markets.​​​​
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Episode
2
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April 15, 2020

What the worlds largest lockdown and the coronavirus mean for India

India’s sweeping lockdown to combat the coronavirus outbreak is the largest restriction of movement the world has ever seen. In this episode, Moody’s analysts William Foster and Alka Anbarasu talk through the credit implications of containment efforts for the country’s government and banks. Analyst Gabriel Torres also joins to discuss Argentina’s economic outlook and prospects for another debt restructuring.​​​​​​
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Episode
1
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April 1, 2020

Emerging market credit in the time of coronavirus

In this new podcast series, Moody’s experts from around the globe join host Rahul Ghosh to discuss key economic, financial and credit trends shaping emerging markets. Our first episode looks at what’s ahead for emerging market sovereigns as the coronavirus outbreak spreads and demand for oil drops. We also discuss our outlook for sustainable finance and ESG investing in emerging markets after a landmark year in 2019​​​​​.
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