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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 Thu, 25 Nov 2021:

Lachman: Turkey's currency mistakes offer a bitter lesson for the world, Barrons, 19 Nov 21 [courtesy Amer Enterp Inst]:
Rudi Dornbusch, the late MIT economist, famously said currency crises take a lot longer to occur than you would have thought possible. But when they do occur, they go faster than you would have thought possible. Turkey is now finding out the hard way how true this is, writes Inst senior fellow

Sachs: Fixing climate finance, Project Syndicate, 15 Nov 21 [via Author's site]:
The COP26 in Glasgow suffered the same lack of trust between developing and developed countries that has burdened global climate negotiations for almost three decades. Financing is at the heart of the rupture, and the time has come for a new approach, writes Columbia U Ctr Sustainable Devt dir

C-suite: How to slash the cost of megaprojects while boosting delivery speed, Oxford Univ, 19 Oct 21:
Research by Prof Bent Flyvbjerg of Oxford's Sad Business School and the IT Univ Copenhagen has shown that there are two factors which decide the fate of any megaproject. They need to have modularity in design and speed in delivery if they are to succeed

Posted on Mon, 15 Nov 2021:

COP26: What was agreed at the Glasgow climate conference?, BBC News, 15 Nov 21:
A new global agreement - the Glasgow Climate Pact - was reached at the summit. It aims to reduce the worst impacts of climate change - but some leaders and campaigners say it does not go far enough. Although not legally binding, it will set the global agenda on climate change for the next decade

Book Value: Alacevich -- Proving Hamlet wrong: doubt and action in the life of Albert Hirschman, Columbia Univ Press (blog), Jan '21:
Throughout his life, 
Hirschman made groundbreaking contributions to economics and the social sciences. Far from being a series of explorations followed without rhyme or reason, together they map out an intellectual trajectory of startling imagination and profound coherence, writes author of Albert O. Hirschman: An Intellectual Biography (Apr 2021)

Posted on Thu, 04 Nov 2021:

What's at stake at the COP26 climate summit? Here's a guide to the make-or-break issues, CNBC, 30 Oct 21:
Johan Rockstrom, director of the Potsdam Institute for Climate Impact Research and one of the world's most influential Earth scientists, says that he believes the success of the COP26 climate summit will come down to negotiations on five make-or-break issues

IEA says COP26 pledges bring climate goal close, experts urge caution, Reuters, 04 Nov 21:
Net-zero emissions pledges and a commitment by leaders to cut methane, if enforced, could enable the world to limit global warming to below 2 degrees C, the International Energy Agency said. Nicholas Stern urged delegates
"not to lose sight of the 1.5C", even as temperature projections improve

In Memoriam: Columbia Univ economist Ronald Findlay, United Nations Univ World Institute for Development Economics Research, 25 Oct:
Findlay made many notable contributions to the theory of trade and development, and his 2007 book with Kevin H. O'Rourke Power and Plenty: Trade, War, and the World Economy in the Second Millennium is outstanding work, covering one thousand years of global economic history

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