Searcher
Sara Baliña
Sara Baliña
Principal Economist

Latest publications

This report presents an analysis of those global shocks, mostly of low probability, which may have a severe impact on the economy. Short-term risks have diminished on the back of easing trade tensions and interest rate cuts, but concerns on structural issues remain high (de-globalization and climate change).
Emerging assets have successfully managed to overcome a turbulent year, marked by increased protectionism and fears of a sharp slowdown in the world economy.
The financial markets enter the final stretch of the year with their eyes set firmly on the trade war and Brexit, meaning that the optimism surrounding the favorable resolution of both matters could be the stimulus that the world economy needs to regain momentum.