EME Macro/Strategy: Digitalisation – growth, inflation & political repercussions
The monetary tightening cycle has begun in CE4, with the Czech and Hungarian central banks increasing their respective policy rates in June. How big will the tightening cycle be? Wil it end in a serious recession? What will be the consequences for the currency? How big is the inflation problem in CE4 and globally? This report strives to provide a framework to enable these questions to be thought about with a long-term horizon; to do so, first, we take a step back and discuss what we see as the most important trend that is unfolding globally: digitalisation. Digitalisation has profound implications for productivity, in our view; therefore, it will have important implications for the potential GDP growth of countries, their sovereign credit risk and the long-term trajectory of currencies.
WOOD & Company is the leading investment bank in Emerging Europe. Founded in 1991 and head-quartered in Prague, our footprint spans the region and touches investors around the globe.
A pioneer in Emerging Europe, WOOD executed many of the first CEE equity trades and landmark investment banking transactions. Our electronic trading platform was the first in the region, and remains the best. We are continually expanding our relevance and reach in these ever-evolving markets.
Our equity market share reflects our stature: 7% in Warsaw, 20% in Bucharest, 16% in Hungary, 40% in Prague and 5% in Vienna. Our distribution is unparalleled, with the largest salesforce in the region, servicing a uniquely diverse investor base.
We couple local expertise with a truly international perspective. With offices on the ground in the region, and in key financial hubs such as London and Milano, we are never far from our clients and we remain at the forefront of what’s afoot in the CEE emerging and frontier landscape.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.