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EmergingFrontierMarkets.comemerging and frontier markets:the unofficial field guideSite
Owner / Publisher: Sta.
Romana, Leonardo L.
Based in: Manila,
Philippines;
and Southeast Asia
Posted on Sun, 13 Aug
2023: Prasad: China Is Slipping into Deflation. Beijing Has Lost the Private Sector, Barron's, 10 Aug 23 [via MSN]: With growth stalling, Beijing is under pressure to stem the rot. On a recent trip to China, I sensed a profound disconnect between the views of govt officials and the private sector, writes Cornell U economist, Brookings Inst senior fellow & author of The Future of Money
US Economy in 'Uncharted Waters' as Inflation Falls with Low Unemployment – Study, Reuters, 10 Aug 23 [via Yahoo]: "The current cycle is the 1st time over the entire postwar period the (Federal Open Market Committee) has made significant progress in lowering inflation without an associated increase in the unemployment rate," Richmond Fed staffers including senior adviser Pierre-Daniel Sarte wrote in a new research note on Wed (9 Aug)
Posted on Sat, 15 July
2023: Thailand's PM race can take a whole new turn, here's how, Bloomberg, 14 July 23 [via Yahoo News]: After failing to win over conservatives in his 1st attempt to become prime minister, things are looking increasingly difficult for pro-democracy leader Pita Limjaroenrat even if he were to try again. Here are some other scenarios that could play out
Bhattacharya, Kharas, Macarthur: Developing countries are key to climate action, Brookings (blog), Mar '23: Developing
nations will be the most severely affected by climate change. But the
international community has not focused sufficiently on the range of
devt, adaptation, and resilience priorities and constraints these
nations face, say Inst senior fellows
Posted on Sat, 17 June
2023: Milanovic: The great convergence - Global equality and its discontents, Foreign Affairs, July/Aug '23: Zoom out beyond the level of the nation-state to the entire globe, and the picture looks different. At that scale, the story of inequality in the 21st century is the reverse: the world is growing more equal than it has been for over 100 years, writes senior scholar, CUNY Grad Ctr / author of Visions of Inequality: From the French Revolution to the end of the Cold War (Harv U Press, forthcoming Oct)
Spence: In defense of industrial policy, Project Syndicate, 07 May '23 [via Jordan Times]: At a time of rising geopolitical tensions and supply-chain fragmentation - when national-security considerations are shaping economic policy, and the risks of war seem to be intensifying - industrial policy is all but inevitable. The question is how to do it well, writes 2001 Nobel Laureate
Posted on Sun, 14 May
2023: Turkey's economy faces 'lost year' no matter who wins election, insiders say, Reuters, 10 May 23 [via National Post/ Canada]: An opposition government could face economic and market instability as an overvalued lira weakens and as monetary stimulus is removed, analysts say. On the other hand, they say the current government could face its own volatility as its policy program runs out of steam and could need a revamp Why Chinese carmakers are eyeing Thailand, Economist, 11 May 23 [via Yahoo Finance]: Six decades ago, when Japan's carmakers were minnows outside their home market, the future giants of global car manufacturing -- Toyota, Nissan among them -- began to expand production in Thailand. Today the nation is once again a waypoint for the international ambitions of carmakers -- this time from China Hausmann: ChatGPT's lessons for economic development, Project Syndicate, 13 May 23 [via Korea Times]: Spoiler alert: I am not going to talk about how ChatGPT responds when prompted about economic-development strategies. But its design, which has given it far greater capabilities than its creators anticipated, offers a valuable lesson for tackling the complexities of econ development, writes Harvard Growth Lab dir |