In 2009, companies around the world raised US$892bn in initial public offerings (IPOs), which was 41% higher than in 2008. Of that amount, a sizeable US$314bn was raised in Q4 2009, creating the impression that the year-end momentum would likely spill over into the new year. Indeed, a variety of banks and analysts produced bullish… [Read more]
On this week’s Business Monitor Podcast, we take a look back at 2009 to give our assessment on what has been an unprecedented year for capital markets and the global economy. Justin Patrie, Head of Europe Analysis, is joined by Terry Alexander, Head of Country Risk Analysis, and Yoel Sano, Head of Political Risk Analysis,… [Read more]
Asia’s economies are already in recovery mode, but there are still many uncertainties ahead. In a ‘Webinar’ held with the American Chamber of Commerce (AMCHAM) in Singapore, BMI analysts Yoel Sano and Eugene Leow discuss the following questions: • Which economies will be outperformers in 2009 and 2010, and why? • Are Asian economies decoupling… [Read more]
Business Monitor’s recent downward revision of its 2009 Hungarian economic growth forecast to -6.4% well reflects my view that the systemic crisis risks I have been highlighting since Q308 have morphed into the region’s core scenario. While small economies like the Baltics and frontier markets such as Ukraine have long been forecast to contract in… [Read more]
