Perspectives connected to the research.
919 results
January brought the strongest start to a year in the tracker’s record, with emerging market portfolio inflows estimated at $98.8 billion in the February release. Both bonds and equities attracted capital across regions. New issuance, favorable dollar conditions and resilient local debt markets supported the acceleration despite geopolitical uncertainty.
Read the workFortun assesses the interaction of high financing costs, modest growth and debt-service pressure across Latin America.
View detailsFortun explains why lower food inflation does not resolve persistent underlying price pressure in Bolivia.
View detailsGlobal growth in 2026 increasingly depends on a US expansion powered by productivity and investment in artificial intelligence. Yet stronger output does not translate proportionately into jobs. Capital intensity, semiconductor concentration and policy frictions reshape the expansion, while geopolitical risks operate through confidence and asset pricing. The result is growth with a weaker employment footprint.
Read the workFortun explains how pandemic-era borrowing and the GDP decline affected Bolivia's external-debt ratios.
View detailsImproved repayment capacity helps explain why emerging market sovereign spreads have narrowed even with elevated US yields. Stronger balance sheets and favorable rating changes point to declining credit risk rather than a rally driven solely by easier global rates. As returns from carry mature, the analysis anticipates a possible rotation of inflows toward issuance in foreign currencies.
Read the workFortun discusses the yen's changing equilibrium as Japan's monetary regime shifts, with consequences for regional carry trades.
View detailsFortun explains the institutional and monetary conditions Venezuela would need for formal dollarization.
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