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EmergingFrontierMarkets.com

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 -- Sun, 29 Mar 2020:


Modi apologizes to India's poor as lockdown criticism mounts, Reuters, 29 Mar 20:
India's PM Modi asked the nation's poor for forgiveness on Sun (29 Mar), as the econ and human toll from his 21-day nationwide lockdown deepens and criticism mounts about a lack of adequate planning ahead of the decision


IMF managing dtr: IMF policy action for a healthy global economy, IMF (blog), 16 Mar 20:
While quarantining and social distancing is the right prescription to combat Covid-19's public health impact, the exact opposite is needed when it comes to securing the global economy


OECD Devt Ctr dtr: Covid-19 -- time to unleash the power of international cooperation, OECD (blog), 26 Mar:
A health crisis has set off a global econ crisis in an unprecedented scenario. Major outbreaks in developing countries could cause the collapse of weak health systems and expose gaps in social protection programs


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, 09 Mar 2020:


Standard US economic weapons may be inadequate for coronavirus crisis, Reuters, 07 Mar 20:
As the risks of the outbreak continue to rise, US officials are wrestling with what to do in the worst-case econ scenarios, if large numbers of people can't go to work, are told to stay home, or stop going out in public entirely          (Swiss govt to virus-hit companies: don't expect helicopter money)


Potential impact of the coronavirus epidemic: What we know and what we can do, IMF (blog), 04 Mar 20:
We know that this shock to the economy is somewhat unusual as it affects both supply and demand. Supply will be disrupted due to the illnesses and deaths caused, but also the containment efforts that restrict mobility and the restricted supply chains          (Fiscal policies to protect people during the outbreak)

Boardroom/C-suite:  Covid-19 -- Implications for business, McKinsey, 09 Mar 20:
The virus outbreak is first and foremost a human tragedy, affecting hundreds of thousands of people. It is also having a growing impact on the global economy. This article is intended to provide business leaders with a perspective on the evolving situation and implications for their companies

Posted on Sun, 23 Feb 2020:


India, US struggling to bridge trade dispute as Trump visits, AP, 22 Feb 20 [via wsoctv]:
American dairy farmers, distillers and drugmakers have been eager to break into India, the world's 7th-biggest economy but a tough-to-penetrate colossus of 1.3 bil. people. Barring some last-minute dramatics -- always possible with the Trump admin -- a US-India trade pact is months away, if not longer


Raghuram Rajan's plan to fix the Indian economy, India Today, 09 Dec 19:
There are signs of deep malaise in the Indian economy. To understand what has gone wrong, we need to start first with the centralized nature of the current govt. Not just decision-making but also ideas and plans emanate from a small set of personalities around the Prime Minister, writes fmr central bank governor


Greg Mankiw: How to increase taxes on the rich (if you must), Peterson Inst, 18 Oct 19 [PDF, via Harvard]:
Let me begin with what I hope is a noncontroversial proposition: Rich people are not all the same. As we evaluate the many redistribution proposals, it is worth keeping in mind some of the ways rich people differ from one another, says Pres GW Bush's Council Econ Advisers chair (
at a Combating Inequality confab)


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