Covid

Ricardo Adrogue, Head of Global Sovereign Debt and Currencies discusses the Barings' team's increasingly positive view on the outlook for emerging markets debt.

Episode Segments:

(02:21) - Reasons to be optimistic about EM Debt in 2023

(04:28) - The tug of war shaping global economic growth

(07:15) - A multi-speed global economy in 2023

(08:40) - Why inflation may fall faster than expected

(14:40) - The EM rate picture and a potentially weaker dollar

(18:49) - The outlook for credit vs. rates

(20:04) - Assessing the major geopolitical risks in EMs today

(25:34) - The risk that China's re-opening disappoints

(29:16) - Why the IMF's changing view on defaults is a risk

(33:57) - Where the most attractive value lies in EM today

Links to recent papers referenced in the podcast:

• Emerging Markets Debt: Springtime in January?
• Why Quantitative Tightening Could Make Quick Work On Inflation

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