Global financial imbalances after the pandemic

One of the biggest yet least understood features of the world economy are the huge financial imbalances across countries. Over the past decades, international net foreign assets – foreign assets owned by residents, net of domestic assets owned by foreigners – have exploded, affecting current accounts, exchange rates, interest rates, and more. That’s why it’s paramount for policymakers and market participants to understand where NFAs are headed.

In this webinar, we discuss how demographic forces are a key factor that will cause tectonic shifts in the world’s global financial imbalances in the coming decades.

We will be repeating the same webinar to cater for the difference in time zones between APAC, EMEA and the Americas:

  • APAC – Wednesday 21st July | 10:00 HKT
  • EMEA – Wednesday 21st July | 10:00 BST
  • Americas – Wednesday 21st July | 16:00 EDT

Daniel Harenberg

Lead Economist

Daniel Harenberg

Lead Economist

Daniel Harenberg | Lead Economist

Daniel is a Lead Economist working in Oxford Economics’ Thematic Research Team and the European Team. Based in our Frankfurt office, he works on long-term, structural economic questions and provides coverage for the Netherlands.
Prior to joining Oxford Economics, Daniel spent five years as a post-doctoral research fellow at the Center for Economic Research of ETH Zurich in Switzerland and at the Research Center SAFE of Goethe University in Frankfurt, where he used computationally intensive DSGE models to study investment, capital markets, and model uncertainty. Daniel holds a Ph.D. in economics from University of Mannheim and has published in leading international journals such as the International Economic Review and Quantitative Economics.

Back to Events

Related Services

buildings near mountain photo

Event

What 2025 and a second Trump presidency holds for Latin America

Growth dynamics next year will differ across Latin America's six largest economies – Argentina, Brazil, Chile, Colombia, Mexico, and Peru – but most economies will experience an acceleration in growth. However, this contrasts with a consumer outlook which is losing steam, and instead we see investment and trade as driving higher growth in 2025. This will come with support from US and domestic monetary policy easing, as inflation will broadly be at target. We will explore the stories affecting individual economies, such as the risk of judicial reform in Mexico to investment and the impact of President Milei’s radical reforms in Argentina. November will bring the US presidential election, and we will examine the impacts on Latin America of a new trade war under a second Trump presidency.

Find Out More

Event

Commodity outlook: How much further will prices fall?

Commodity prices have plunged in recent weeks, and investment banks are slashing their forecasts for next year. Demand has been weaker than investors anticipated, especially in China, albeit broadly in line with our own more bearish expectations. Strong supply from commodities such as wheat, copper, and crude oil has also weighed heavily on prices and contributed to inventory build. Gold has been an exception, with central banks driving its price higher and making it a bright spot for the complex. In this webinar, we explore the key themes facing commodity markets in 2025 and discuss the outlook for supply, demand, and prices.

Find Out More