Page 31 - WEF Reoprt 2020
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Notes





                           1   Gopinath, G. 2019. “The World Economy:   11  Mbaye, S. and M. Moreno Badia. 2019.
                              Synchronized Slowdown, Precarious          “New Data on Global Debt”. IMFBlog
                              Outlook”. IMFBlog post. 15 October 2019.   post. 02 January 2019. https://blogs.imf.
                              https://blogs.imf.org/2019/10/15/the-      org/2019/01/02/new-data-on-global-debt/
                              world-economy-synchronized-slowdown-
                              precarious-outlook/                     12  Bloomberg. 2019. “China’s Debt Ratio Is
                                                                         Growing as Its Economy Loses Steam”.
                           2   OECD Data. Quarterly GDP – Total, Percent   Bloomberg News. 16 July 2019. https://www.
                              change same period, previous year. https://  bloomberg.com/news/articles/2019-07-16/
                              data.oecd.org/gdp/quarterly-gdp.htm        china-s-debt-growth-keeps-marching-on-as-
                                                                         economy-loses-pace
                           3   IMF (International Monetary Fund). 2019.
                              World Economic Outlook, October 2019:   13  Faria-e-Castro, M. 2019. “Corporate Debt
                              Global Manufacturing Downturn, Rising      Since the Great Recession”. On the Economy
                              Trade Barriers. Washington, DC: IMF.       blog post. 13 August 2019. Federal Reserve
                              https://www.imf.org/en/Publications/WEO/   Bank of St. Louis. https://www.stlouisfed.
                              Issues/2019/10/01/world-economic-outlook-  org/on-the-economy/2019/august/corporate-
                              october-2019                               debt-great-recession
                           4   WTO (World Trade Organization). WTO    14  IMF (International Monetary Fund). 2019.
                              Data Portal: Total merchandise exports and   Global Financial Stability Report: Lower for
                              imports – quarterly (Million US dollar). https://  Longer. October 2019. https://www.imf.org/
                              data.wto.org/, accessed 07 January 2020.   en/Publications/GFSR/Issues/2019/10/01/
                                                                         global-financial-stability-report-october-
                           5   WTO (World Trade Organization). World     2019#FullReport
                              Trade Statistical Review 2019. Geneva: WTO.
                              https://www.wto.org/english/res_e/statis_e/  15  Adrian, T. and F. Natalucci. 2019. “Lower for
                              wts2019_e/wts19_toc_e.htm                  Longer: Rising Vulnerabilities May Put Growth
                                                                         at Risk”. IMFBlog post. 16 October 2019.
                           6   IMF (International Monetary Fund). 2019.   https://blogs.imf.org/2019/10/16/lower-for-
                              Transcript of International Monetary Fund   longer-rising-vulnerabilities-may-put-growth-
                              Managing Director Kristalina Georgieva’s   at-risk/
                              Opening Press Conference, 2019 Annual
                              Meetings. 17 October 2019. https://www.imf.  16  Bloomberg. Rates & Bonds. https://www.
                              org/en/News/Articles/2019/10/17/tr101719-  bloomberg.com/markets/rates-bonds,
                              transcript-managing-director-kristalina-   accessed 03 January 2020.
                              georgieva-press-conference-2019-annual-
                              meetings                                17  Ibid.

                           7   World Bank Open Data. “Foreign         18  ECB (European Central Bank). 2019. Interest
                              direct investment, net inflows (BoP,       rates – Deposit facility. Effective from 18
                              current US$) - Euro area, World, United    September 2019. https://www.ecb.europa.
                              States, China, Japan.” https://data.       eu/home/html/index.en.html
                              worldbank.org/indicator/BX.KLT.DINV.
                              CD.WD?end=2018&locations=XC-1W-US-      19  Bank of Japan. 2019. The Bank’s Market
                              CN-JP&start=2002, accessed 15 December     Operations – Interest Rate Applied to the
                              2019.                                      Complementary Deposit Facility. https://
                                                                         www.boj.or.jp/en/index.htm/, accessed 15
                           8  Ibid.                                      December 2019.

                           9   OECD (Organisation for Economic Co-    20  ECB (European Central Bank). 2019. “Euro
                              operation and Development). 2019. Business   Area Banks: The Profitability Challenge”.
                              confidence index (BCI). https://data.oecd.org/  Keynote speech by Luis de Guindos, Vice-
                              leadind/business-confidence-index-bci.htm,   President of the ECB, at the ABI annual
                              accessed 03 January 2020.                  conference “Banking Union and Basel III – risk
                                                                         and supervision 2019”. 25 June 2019. https://
                           10  IMF (International Monetary Fund). 2019. IMF   www.ecb.europa.eu/press/key/date/2019/
                              DataMapper Database, “General government   html/ecb.sp190625~6d33411cff.en.html
                              gross debt – Percent of GDP”. https://www.
                              imf.org/external/datamapper/GGXWDG_     21  EBA (European Banking Authority). 2019.
                              NGDP@WEO/CHN/FRA/DEU/IND/GBR/USA/          “Low Profits and High Costs Remain a
                              JPN/AUS/BRA/CAN/IDN/ITA/KOR/MEX/           Key Challenge for the EU Banking Sector”.
                              RUS/SAU/ESP/CHE/NLD/TUR, accessed 15       Press Release, 04 October 2019. https://
                              December 2019.                             eba.europa.eu/low-profits-and-high-costs-
                                                                         remain-a-key-challenge-for-the-eu-banking-
                                                                         sector



          26  The Fraying Fundamentals
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