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emerging and frontier markets:

the unofficial field guide

Site Owner / Publisher:  Sta. Romana, Leonardo L.
        Based in:  Manila, Philippines

Posted on Sat, 16 Dec 2017:

James Capretta: The Republican tax plan is pro-growth, Real Clear Policy, 08 Dec 17:
Some Republicans and Democrats seem to think that the faster econ growth is an irrelevant side note because the tax bill would increase the federal budget deficit, writes Amer Enterp Inst’s holder of Milton Friedman chair

David Wessel: What we learned from Reagan's tax cuts, Brookings Inst (blog), 08 Dec 17:
The tax bill speeding through Congress is being sold – by its advocates – as so good for the economy, that it will boost growth and offset any losses from the cuts, writes Inst’s Hutchins Ctr Fiscal & Monetary Policy dir

Dani Rodrik: Rescuing economics from neoliberalism, Boston Review, 06 Nov 17:
The term 
neoliberalism is used as a catchall for anything that smacks of deregulation, liberalization, privatization, or fiscal austerity. As we heap scorn on it, we risk throwing out some of its useful ideas, writes International Econ Assn pres-elect

Posted on Sat, 09 Dec 2017:

World Bank calls for steps to bolster Palestinian economy, Reuters, 12 Sep 17:
Even in the absence of an Israeli-Palestinian peace deal, steps can be taken now that could significantly brighten a gloomy Palestinian economic situation, the World Bank said in a new report        {World Bank media release)

Edmund Phelps: Nothing natural about the natural rate of unemployment, Columbia Univ, Nov '17 [PDF]:
Why is unemployment so low in several countries where inflation remains subdued? I was one of the rebels of the '60s who rejected the macroeconomics we were taught in the '50s – the "Keynesian" theory developed by Hicks, Phillips and Tobin, writes 2006 Nobel Laureate

The promise and peril of Bitcoin, Stanford Univ, 25 Feb 14:
Economist Susan Athey and venture capitalist Balaji Srinivasan discuss Bitcoin, a stateless, digital currency that allows people to make transactions with no middlemen       (Susan Athey on what Bitcoin is, Forbes)

Posted on Sat, 02 Dec 2017:

Nine Economists: How tax reform will lift the economy, WSJ, 25 Nov 17 [courtesy Amer Council Capital Formation]:
Dear Treas Secy Mnuchin, The present debate over tax reforms has raised the basic question of whether the reforms are "pro-growth". This letter explains why we believe that the answer is "yes", write Barro, Boskin, Cogan, Holtz-Eakin, Hubbard, Lindsey, Rosen, Shultz and Taylor

Bangkok worst in Southeast Asia for traffic jams – survey, Nation/Thailand, 08 Nov 17:
A Boston Consulting Group
survey, commissioned by Uber, ranked Bangkok as the worst for traffic congestion, followed by Jakarta, Manila, Hanoi and Kuala Lumpur         (Ridesharing has potential to solve traffic congestion woes, Digital News Asia  |  BCG report [PDF])

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