Search the work

Bloomberg Línea · Quoted expert ESOriginal title: “Las condiciones todavía no están aseguradas” para una dolarización en Venezuela: IIF

“Las condiciones todavía no están aseguradas” para una dolarización en Venezuela: IIF

Fortun explains the institutional and monetary conditions Venezuela would need for formal dollarization.

Bloomberg Línea · Quoted expert ESOriginal title: Los 10 cambios de Trump en la relación de EE.UU. y Latinoamérica en su primer año de Gobierno

Los 10 cambios de Trump en la relación de EE.UU. y Latinoamérica en su primer año de Gobierno

Fortun assesses how trade, finance, migration and natural resources interacted during Trump's first year back in office.

Bloomberg Línea · Quoted expert ESOriginal title: Bolivia debe recomprar oro por US$921 millones para cumplir contratos de la gestión anterior

Bolivia debe recomprar oro por US$921 millones para cumplir contratos de la gestión anterior

Fortun explains how past gold forward sales created future delivery and repurchase obligations for Bolivia's central bank.

Bloomberg Línea · Quoted expert PTOriginal title: Quem financia o mundo? Como Alemanha, Japão e China viraram os maiores credores globais

Quem financia o mundo? Como Alemanha, Japão e China viraram os maiores credores globais

Fortun explains how accumulated savings surpluses make Germany, Japan and China major sources of international financing.

Bloomberg Línea · Quoted expert ESOriginal title: ¿Con qué países está endeudado el mundo? La lista de los mayores prestamistas globales

¿Con qué países está endeudado el mundo? La lista de los mayores prestamistas globales

Fortun explains how accumulated savings surpluses make Germany, Japan and China major sources of international financing.

Newsweek Japan (Reuters) · Quoted expert JAOriginal title: 新興国債券・株式投資、昨年は4年ぶり高水準＝ＩＩＦ

新興国債券・株式投資、昨年は4年ぶり高水準＝ＩＩＦ

Fortun assesses the debt-led pattern of emerging-market investment at the end of 2025 and its implications for allocations entering the new year.

IIF Capital Flows Tracker: January 2026

Jonathan Fortun / Institute of International Finance

Emerging market portfolios ended December with $36.7 billion in inflows, reversing November’s $5.4 billion withdrawal. Bonds accounted for most of the recovery, attracting $29.4 billion, while equities received $7.3 billion. Asia and Latin America led the rebound, with debt providing the more dependable source of demand as equity investors remained selective.

Stuck in the Loop, Part II: A Window That Opens Too Soon

Fortun distinguishes renewed investor appetite from durable stabilization, examining domestic debt, scarce liquid reserves and the risks of borrowing abroad before restoring fiscal credibility.