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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, 10 Aug 2020:

Berkley, Hatchett & Swaminathan:  The fastest way out of the pandemic, Project Syndicate, 17 July 20 [via Gulf Times/Qatar]:
The most efficient way to bring this crisis to an end is with a safe and effective vaccine, manufactured in large quantities and distributed globally. Govts should take this moment to prepare the ground, write CEOs of Gavi -
the Vaccine Alliance, and Coalition for Epidemic Preparedness Innovations; and WHO chief scientist

Combating Covid-19 -- Data everywhere but not the kind we need, OECD (blog), by Schmidt, Misra &Jutting, 17 June 20:
While it is true that on some levels we have never had so much data, it may not be the data we need for sustained policy response and recovery. This is especially true among least-developed countries, where looming data gaps persist, write Partnership in Devt for the 21st Century (PARIS21) analysts

How to think like an epidemiologist, NYT, by S Roberts, 04 Aug 20 [via abs-cbn news/Philippines]:
There is a statistician's rejoinder that could hardly be a better motto for our times: "Update your priors!" In stats lingo, "priors" are your prior knowledge and beliefs. Evidence prompts an updating; and then more evidence prompts further updating. This is the heart of Bayesian analysis, named after Thomas Bayes

Posted on Sat, 01 Aug 2020:

Explainer:  Covid-19 strikes back in virus-free Vietnam, Reuters, 30 July 20:
Vietnam has had one of the world's best records in containing the coronavirus despite bordering China. How has the country been affected so far? How did the country do so well? Then what happened? How did the new cases resurface? What happens now?

Joseph Stiglitz:  Priorities for the Covid-19 economy, Project Syndicate, 01 July 20 [via Columbia Univ]:
Early in the crisis, most people anticipated a quick V-shaped recovery. After two months of tender loving care and heaps of money, the economy would pick up where it left off. It was an appealing idea. But now it is July, and the idea is probably a fantasy, writes 2001 Nobel Laureate

The 'green list' - How other island nations have handled the re-opening of international travel, The Journal/Ireland, 21 July 20 [via msn news]:
Protests that there shouldn't be a green list at all are countered by the argument that a nation cannot close itself off to travel, without having a clear time in mind for when the State could open back up again. Here's a quick glance at what those other island nations are doing

Posted on Mon, 20 July 2020:

Fauci holds up New York as model for fighting coronavirus - 'They did it correctly', CNBC, 18 July 20:
National Inst of Allergy and Infectious Diseases dir Anthony Fauci on Fri (17 July) praised NY for its handling of the coronavirus pandemic. "We know that when you do it properly, you bring down those cases. We have done it. We have done it in NY," he said in an interview on "PBS NewsHour"

CEO of major Asian bank says 'a big, big challenge' is looming for the global economy, CNBC, 19 July 20:
Banks could experience "far more damage" to their balance sheets when stimulus measures that are keeping many businesses afloat are rolled back, said the group CEO of Southeast Asia's
largest bank. Govts cannot keep supporting the business community financially

"Travel Corridors":  EU extends travel ban on Americans amid spike in US coronavirus cases, USA Today, 16 July 20:
The EU extended its travel ban on Americans on Thu (16 July), as US coronavirus infections continued to rise. The announcement came after EU officials conducted their 1st biweekly review of travel restrictions to determine whether to add or narrow the list of permitted travelers

"An ambassador of the economics profession", Amer Econ Assn, 29 Apr 20:
Anyone who has ever taken Econ 101 will likely be familiar with Gregory Mankiw. The Harvard prof’s Principles of Economics is in its 9th edition and is perhaps the most widely used textbook in introductory courses throughout the country

Posted on Fri, 10 July 2020:

Paul Krugman:  How America lost the war on Covid-19, NYT, 07 July 20:
When did America start losing its war against the coronavirus? How did we find ourselves international pariahs, not even allowed to travel to Europe? I'd suggest that the turning point was way back on 17 April. But why did America bungle Covid-19 so badly?, asks 2008 Nobel Laureate

Companies are hiring their own epidemiologists to help deal with the pandemic, WashPost, 06 July 20 [via Nation/Thailand]:
Epidemiologists--who study how disease spreads and is controlled--appear perfectly suited for the moment. The profile of epidemiologists has probably never been higher. It used to be that no one ever understand what an epidemiologist did, but now, it's coming out of the woodwork

Developing world loses billions in money from migrant workers, WSJ, 07 July 20 [via Bangkok Post/Thailand]:
Migrant workers--from Polish farmhands working the fields of southern France to Filipino cruise-ship workers in the Caribbean--who lost their jobs because of the pandemic's econ impact are running out of cash to send home, dealing a blow to the fragile econ health of the developing world

Tim Taylor:  Adam Smith as a practical development economist, Conversable Economist, 23 June 20:
William Easterly takes on the task of rethinking Smith and finds that his classic book is not one of theories and hypothetical examples. Instead, it is chock-full of historical episodes, national episodes, and arguments based on the evidence of the time, writes Journal Econ Perspectives manag ed

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