emerging and frontier markets:
the unofficial field guide
Site Owner / Publisher: Sta. Romana, Leonardo L.
Based in: Manila, Philippines; and Southeast Asia
Latest Web Links -- Thu, 05 Sep 19:
Joseph Stiglitz: Is stakeholder capitalism really back?, Project Syndicate, 03 Sep 19 [courtesy Columbia U]:
The recent statement endorsing stakeholder capitalism by the CEOs of America's most powerful corporations has caused quite a stir. They are telling the world that biz is about more than the bottom line. That is quite an about-face. Or is it?, asks 2001 Nobel Laureate
Brian Pinto: Argentina in 2019 -- The IMF should avoid mistakes repeatedly made in past bailouts, Brookings (blog), 05 Sep 19:
Last 28 Aug, Argentina announced it would seek a "voluntary reprofiling" of its debt. The crises in Russia ('98), Argentina ('01), and Greece ('10-'16) provide at least 5 valuable lessons, with similar mistakes made in IMF-led rescue, writes fmr WB senior advisor
Privacy vs transparency in combatting illicit financial flows, Finance & Development, Sep/Oct '19:
Transparency is a potent weapon in the battle against illicit financial flows, in part because it allows journalists and others to scrutinize large amounts of data and report possible abuses. Yet concerns about privacy should not be ignored, write IMF financial experts
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Posted on Sat, 24 Aug 2019:
AP Explains: The causes and risks of the Amazon fires, 24 Aug 19:
Fires have been breaking out at an unusual pace in Brazil this year, causing global alarm over deforestation in the Amazon region. The world's largest rainforest is often called the "lungs of the earth". Here's a look at what's happening
John Cochrane: Forget the gold standard and make the dollar stable again, WSJ, 17 July 19 [courtesy Author's blog];
Some of Trump's potential nominees to the Fed have expressed sympathy for a return to the gold standard. The idea behind it is simple: The govt promises that if you bring in, say, $1,000 in cash, you can trade it for one ounce of gold, and vice versa, writes U Chicago economist
Javdani and Chang: The way to fix bias in economics is to recruit more women, FT, Feb '19:
Ideological biases make the profession ill-equipped to engage in balanced debates regarding politically controversial econ issues that characterize our time, write U British Columbia and Cambridge U economists (Ideology is dead! Long live ideology!)
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