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emerging and frontier markets:

the unofficial field guide

Site Owner / Publisher:  Sta. Romana, Leonardo L.
 Based in:  Manila, Philippines; and Southeast Asia

Posted on Mon, 12 Aug 2019:

Sweden's development lead, OECD Observer, July '19:
Since '06, Sweden has delivered 1% of its gross national income as official devt aid. In '17, it was the highest contributor in percentage terms, outstripping the UN recommended goal of 0.7%       (Devt co-operation peer reviews: Sweden  |  Case study - Sweden [PDF])

Stiglitz, Durand and Fitoussi: Who are you going to believe, me or the evidence of your own eyes?, VoxEU, 29 July 19:
We challenge statisticians to come up with a set of indicators that is broad enough to reflect what matters in people's lives, but narrow enough to be readily understood by policy makers/public, write Nobel Laureate ‘01, OECD chief statistician, & Sciences-Po prof emeritus

The economic impacts of global climate change, Stanford Univ, Jan '19:
In a centuries-old library at the Univ Oxford, millions of aerial photographs taken in the final decades of the British Empire may help predict a potential 21st century calamity: an exodus of people driven by climate change to places that are more livable

Posted on Fri, 26 July 2019:

Robert Barro: Is politics getting to the Fed?, Project Syndicate, 23 July 19 [via Amer Enterp Inst]:
The entire point of central-bank independence is to establish a credible monetary policy by insulating the relevant decision-makers from external pressure. That is what we learned from the early '80s under Fed Chair Paul Volcker, writes Harvard economist

The trilemma - Trade, development, and democracy, Harvard Magazine, July/Aug '19:
Dani Rodrik's academic heroes were LatAm economist Diaz-Alejandro and devt economist Hirschman: people who "were familiar with and could criticize the mainstream not from the perspective of someone who doesn't appreciate the value of mainstream tools"

To save forests, think beyond the trees, Brookings, by R Parizat, 10 July 19:
If you skim the headlines, you get the impression that the role of forests in mitigating climate change has virtually unanimous global recognition and support. But forests around the world are still under significant threat, writes World Bank's BioCarbon Fund manager

Posted on Sat, 13 July 2019:

Pentagon races to track US rare earths output amid China trade dispute, Reuters, 12 July 19:
The Pentagon is rapidly assessing the US rare earths capability in a race to secure stable supply of the specialized material amid the country’s trade conflict with China, which controls the rare earths industry, acc to a govt document seen by Reuters

Kenneth Rogoff: The case for a World Carbon Bank, Project Syndicate, 09 July 19 [via Stabroek News/Guyana]:
To the dismay of many energy experts, the World Bank recently rather capriciously decided to stop funding virtually all new fossil-fuel plants, including natural gas. One cannot let the perfect become the enemy of good, writes Harvard economist

Andy Sumner: 5 facts about global poverty that may surprise you, OECD (blog), Mar '19:
Only a small set of 25 developing countries remain 'stuck' in terms of slow or no economic growth, writes King's College London economist          (The future of devt cooperation: Not the end, just the beginning of a new era?)

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