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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, 30 Aug 2021:

Acemoglu: Why nation-building failed in Afghanistan, Project Syndicate, 24 Aug 21 [via Channel NewsAsia / S'pore]:
US policymakers were assuming that if you can establish overwhelming military dominance over a territory, you can then impose your will. Yet in most places, this theory is only half right; and in Afghanistan, it was dead wrong, writes co-author (with J Robinson) of Why Nations Fail: The origins of power, prosperity and poverty (2013)

Is delta unstoppable?, Harvard Gazette, 24 Aug 21:
Steep declines in delta variant outbreaks in India and, more recently, the UK, are likely not due to the nations reaching 'herd immunity' or viral behavior, but rather because of shifts in human behavior prompted by mounting cases and deaths, Harvard experts say. Lessons from abroad suggest simple, familiar tactics can rein in the Covid variant

The future of development - Lessons from China's success (and failures), Ctr Global Devt, by Devarajan and Dissanayake, 26 Aug 21:
Many countries and economists have turned to China's
dramatic econ growth and poverty reduction for ideas on how to reduce poverty elsewhere, with decidedly mixed results. The presentation by the author of How China Escaped the Poverty Trap (2016) was built around this impulse, and why it leads so many astray

Posted on Wed, 18 Aug 2021:

Afghan central bank's $10 billion stash mostly not within reach of Taliban, Reuters, 18 Aug 21 [via CNBC]:
The Taliban took over Afghanistan with astonishing speed, but it appears unlikely that the militants will get quick access to most of the Afghan central bank's roughly $10 billion in assets. Most of the assets are held outside Afghanistan potentially putting most of them beyond the insurgents' reach, according to Afghan officials

An incoherent strategy doomed the 20-year US mission in Afghanistan, watchdog says as US withdraws, CNN, 17 Aug 21:
An incoherent strategy to rebuild Afghanistan, flush with resources but lacking cohesive leadership and a well-defined mission, doomed the reconstruction effort, with projects that were often unsustainable, corrupt, and with unrealistic timelines, says the latest report from the Special Inspector General for Afghanistan Reconstruction on Tuesday (17 Aug)

Posted on Sat, 07 Aug 2021:

Don't lose Afghanistan, Atlantic Council (blog), by Five Former Top US Diplomats to Afghanistan, 06 Aug 21:
Staging a major military offensive. Ignoring calls for peace negotiations. Threatening women and executing prisoners and civilians. Given the Taliban's behavior lately, Pres Joe Biden's decision to rapidly withdraw US forces from Afghanistan appears increasingly questionable. It's time for a course correction

4-stage road map to transit Singapore to 'Covid-19-resilient nation' -- pandemic task force spokesman, Today (S'pore), 06 Aug 21:
The health minister outlined on Fri (06 Aug) a four-stage road map to transition Singapore towards a future where the coronavirus is endemic or permanently circulating in the population. These 4 stages are called: Preparatory Stage, Transition Stage A, Transition Stage B and Covid-19-resilient Nation

Ingram: How government donors engage with the Sustainable Development Goals, Brookings (blog), 29 July 21:
In 2015, 193 nations signed on to Agenda 2030 setting forth the Sustainable Devt Goals (SDGs). The predecessor Millennium Devt Goals were a narrower set of eight goals. In a new report, I review how 20 of the largest donor countries encompass the SDGs in their international devt programs, writes Inst senior fellow

Posted on Mon, 26 July 2021:

With call for 'raw data' and lab audits, WHO chief pressures China on pandemic origin probe, News from Science Mag, 17 July 21:
In a sharp tightening of the diplomatic screws, the World Health Org chief is urging China to increase its transparency about the early days of the Covid-19 pandemic and allow greater access to its labs to help resolve the origin of the coronavirus

As US troops leave, what's next for Afghanistan?, Stanford Univ News, 19 July 21:
For a Stanford historian, whose research and teaching focuses on Afghanistan and global history, the question now is whether the Afghan government - or another international force - can stop a resurgent Taliban from using violence to seize power

Sachs and Massa: The rich world's debt to island states, Project Syndicate, 15 July 21 [via Author's site]:
As recent disasters have shown, the world's small island developing states are acutely vulnerable to the ravages of climate change, a problem created almost entirely by rich nations. To ensure that no nation gets left behind in 
development, rich nations must do three things, write Columbia U economist; and UN Sustainable Devt Solutions Network senior economist

Posted on Tue, 13 July 2021:

Even before the president's assassination, Haiti was in crisis, National Public Radio, 07 July 21:
The assassination of Pres Mo´se threatens to exacerbate Haiti's already rampant problems. "Everything that could go wrong seems to be going wrong," says Robert Fatton, an expert on Haitian politics at the Univ Virginia. The Western portion of the island of Hispaniola, it is perched in the Caribbean just 600 miles southeast of Florida

Stephen Walt: The top five debriefing questions about Afghanistan, Foreign Policy, 09 July 21:
As it draws to an ignominious close, the long war in Afghanistan stands as a stunning indictment of the US foreign-policy establishment. The war was waged by two Republican presidents and one Democrat -- George W. Bush, Barack Obama, and Donald Trump -- and none of them managed to win or end it, writes Harvard professor

Gagnon and Kamin: The G7 should go full-throttle on its vaccine agenda -- It will save lives and pay for itself, Peterson Inst, 21 June 21 [via Amer Enterp Inst]:
Vaccinating the world's adult population of 6 billion against the coronavirus will require about 12 billion doses. But only about 2 billion doses have been administered so far, nearly all in the advanced economies. A substantial acceleration of the global vaccination program is critical, write Inst senior fellows

Dani Rodrik: Beware economists bearing policy paradigms, Project Syndicate, 11 May 21 [via Jamaica Gleaner]:
The Biden administration has embarked on a bold and long-overdue departure from the economic policy orthodoxy that has prevailed in the US and much of the West since the 1980s. But those who are seeking a new economic paradigm should be careful what they wish for, writes Harvard economist

Amartya Sen, a memoir, Harvard Magazine, by S Bose, 09 July 21:
Home in the World, Amartya Sen's memoir of his years in the UK, was published there 08 July. Here, Gardiner professor of oceanic history and affairs Sugata Bose previews for North American readers a few highlights of the book, which covers the first 30 years of Sen's life (it will be published in the US in January 2022)

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