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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, 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)


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 Mon10 Feb 2020:


'Nightmare' for global tech with coronavirus fallout just beginning, Bloomberg, 10 Feb 20 [via Straits Times/S'pore]:
As Chinese-based manufacturers begin to restart factories on Mon (10 Feb), no one knows for sure when they'll be back at full-speed -- or what sort of chaos may ensue          (Sony, NTT latest to pull out of Barcelona telecoms congress over virus | Virus crisis could shut auto plants around the world)  [Reuters; CNN]


Global tourism takes major hit as virus halts Chinese travel, AP, 07 Feb 20:
This should have been a good year for global tourism, with trade tensions gradually easing, certain economies growing and banner events like the Summer Olympics in Tokyo. But the viral outbreak has thrown the travel industry into chaos          (Flow of Chinese tourists becomes a worrying trickle for Asia)


Andersson: What low-income countries need is not more economic growth, it's less shrinking, The Conversation/UK, 02 Dec 19 [via Today/S'pore]:
It is widely accepted that countries are poor because their economies don’t manage to grow sufficiently. But, perhaps surprisingly, the ability to create growth is not what most poor countries are lacking, writes Lund Univ (Sweden) economist

Posted on Mon, 20 Jan 2020:


Coffers: Climate change pushes investors to take their temperature, Reuters, 20 Jan 20:
Move over revenue growth and dividend payouts: it's time to take your portfolio's temperature. As policy makers push investors to do more to ensure their portfolio choices help to combat climate change, a vanguard of insurers and pension funds say part of the answer is a new "temperature score"



Daron Acemoglu: Big tech's harvest of sorrow?, Project Syndicate, 10 Aug 19 [via New Europe/Belgium]:
Applying science to social problems has brought huge dividends in the past. But history is also replete with disasters caused by the power of science and the zeal to improve the human condition, writes co-author of Why Nations Fail (2012)



Can trade protection jump-start an industry?--Testing the infant-industry argument, Amer Econ Assn, 26 Nov 18:
In East Asia, places like South Korea and Taiwan, industrial policy coincided with spectacular growth miracles. But in Latin America, it coincided with economic stagnation. One author looked back further in history, and stumbled upon a natural experiment

Posted on Fri10 Jan 2020:


Joseph Stiglitz: Is growth passe? , Project Syndicate, 11 Dec 19 [via Zawya/Saudi Arabia]:
Climate change represents the most salient risk we face. It's clear: we are living beyond our planet's limits. Unless we change something, the consequences will be dire. Should that something be our focus on econ growth?, asks 2001 Nobel Laureate


William Easterly: Sticky markets, tricky solutions -- Review of 'Good Economics for Hard Times', WSJ, 17 Nov 19 [PDF, courtesy Author]:
Proponents of market reforms are quick to tout the benefits that markets have to deliver. But as Banerjee and Duflo, two of this year's Nobel laureates in econ, repeatedly show in their new book, some apologists have a tendency to overpromise, writes NYU economist


Anabel Gonzalez: Three trade challenges for least developed countries (LDCs) to converge and eradicate poverty, OECD (blog), June '19:
Trade is a critical contributor to growth, helping to boost incomes, create jobs through new market access opportunities and reduce poverty. So, how can more LDCs benefit from trade? These trade challenges need to be tackled, writes Peterson Inst senior fellow / fmr WB and WTO dir


Disclaimer: The views expressed in the linked articles are those of the authors only, or (news) orgs for unsigned ones, and the presence of links to them here does NOT imply this Web site endorses or shares the views expressed in them.

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