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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 Thu, 01 Nov 2018:

Countering global protectionism, Pacific trade pact nears takeoff, Reuters, 31 Oct 18:
A landmark 11-country deal that will slash tariffs across much of the Asia-Pacific region will come into force at the end of Dec. The deal moved forward after Australia become the 6th nation to formally ratify the deal, alongside Canada, Japan, Mexico, New Zealand and Singapore

Martin Feldstein: Falling share prices and the outlook for the US economy, Project Syndicate, 29 Oct 18 [courtesy Harvard]:
Three forces will cause US long-term interest rates to continue to rise. As long-term interest rates rise, however, share prices will be less attractive to investors and will decline, writes Pres Reagan’s Council Econ Advisers chair

'Tropical Trump' Bolsonaro elected Brazil president, AFP, 29 Oct 18 [via Yahoo]:
Fmr army captain Jair Bolsonaro was elected pres on Sun, promising a fundamental change in direction for the giant LatAm country, the latest to take a turn to the far-right. He managed to tap voters' deep anger with corruption, crime and econ malaise

Posted on Mon, 15 Oct 2018:

Trump says climate change not a hoax, not sure of its source, AP, 15 Oct 18:
Pres Trump is backing off his claim that climate change is a hoax but says he doesn't know if it's manmade and suggests that the climate will "change back again." In an interview with CBS' "60 Minutes", Trump said he doesn't want to put the US at a disadvantage

Five-minute warnings -- Video project channels wide range of climate change knowledge, Harvard Gazette, Apr ’17:
We ignore the worst estimates of climate change -- catastrophic warming topping 4 or 6 degrees Celsius -- at our peril, says economist Martin Weitzman       (Econometrics and climate -- a profile of Jim Stock)

Kenneth Rogoff: Crazy rich Asia, Project Syndicate, 10 Oct 18 [via EJ Insight/Hong Kong]:
Now perhaps Hollywood will use films to illustrate key concepts about a region that is the biggest econ success story of the last several decades. There are many more stories about that story to be told, writes recipient of 2011 Deutsche Bank prize in financial econ

Posted on Mon, 08 Oct 2018:

2018 Nobel Prize in Economics -- Awarded "for integrating climate change (William Nordhaus) and technological innovations (Paul Romer) into long-run macroeconomic analysis", 08 Oct 18:
At its heart, economics deals with the management of scarce resources. Nature dictates the main constraints on economic growth and our knowledge determines how well we deal with these constraints

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