Emerging economies are at a crossroads. Over the last decade, emerging economies grew at 2 to 3 times the pace of the developed ones. But it’s harder to grew a richer and larger economy at a rapid pace. Looking ahead, some emerging economies will probably get stuck, and some will break through the middle income […]
Tag Archives: emerging economies
Is China the new idol for emerging economies? The developed world holds up the ideals of capitalism, democracy and political rights for all. Those in emerging markets often don’t have that luxury. Economist Dambisa Moyo states in this TED talk that a different model, embodied by China, is increasingly appealing to developing countries… Dambisa Moyo […]
Chinese Economist Andy Xie shared for CaixinOnline his insights on the consequences of normalization of U.S. interest rates. “As the U.S. continues to normalize interest rates, emerging economies become vulnerable. Brazil and India are at the eye of the storm, but China with its huge property bubble should be wary.” Global financial markets are adjusting again […]
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