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 -- Mon, 14 Oct 19:
2019 Nobel Prize in Economics -- Awarded "for their experimental approach to alleviating global poverty" to Abhijit Banerjee, Esther Duflo, and Michael Kremer, 14 Oct 19:
Their research has introduced a new approach to obtaining reliable answers about the best ways to fight global poverty. In just two decades, their new experiment-based approach has transformed development economics, which is now a flourishing field of research
Woetzel and Seong: We've entered the Asian Century and there is no turning back, Project Syndicate, 11 Oct 19 [via WEForum blog]:
In the 19th century, the world was Europeanized. In the 20th century, it was Americanized. Now, it is being Asianized – and much faster than you may think, write McKinsey senior partner / McK Global Inst senior fellow
Democracy fosters economic growth -- study, MIT News, Mar '19:
As long as democracy has existed, there have been democracy skeptics -- from Plato warning of mass rule to contemporary critics claiming authoritarian regimes can fast-track economic programs (Economist awarded MIT's highest honor)
Site Notice: Our next post will be after several days. This gap -- the time that our posts become somewhat "viral" and then start to "decay" -- is suggested by the stats/analytics of visits to our site. Thank you for visiting our site.
Posted on Mon, 30 Sep 2019:
Suppressing criticism can lead to policy mistakes - India's fmr central bank head Rajan, CNBC/India, 30 Sep 19:
In a new blog post written on the occasion of the 150th birth anniv of Mahatma Gandhi, where he remembers fmr jurist/economist Nani Palkhivala, Rajan writes that people in authority have to tolerate criticism for a failure to do so will lead to policy mistakes (Rajan on importance of dissent)
Jean Pisani-Ferry: Farewell, flat world, Project Syndicate, July '19 [courtesy European Univ Inst]:
The single most important economic development of the last 50 years has been the catch-up in income of a large cohort of poor countries. But that world is gone, writes holder of the Tommaso Padoa-Schioppa economics chair at EUI (Florence)
Nook & Cranny: Litterman -- How climate risk is like a flaming truck barreling toward us, Ensia/Univ Minnesota, Nov '15:
In Dec '14, Litterman and his wife were nearly killed in a car accident. A flaming fuel tanker was hurtling toward them on a highway. She saw it 1st and shouted. He slammed on the brakes. "This true story illustrates an essential element of managing risk: Time is of the essence"
Copyright Notice: Access to this site is free; however, the compilation/ database of links (to external Web sites) presented in this site is the private intellectual property of the Site Owner, Leonardo L. Sta. Romana.