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All items tagged emerging economiesGlobal Must Read ArticlesFebruary 2, 2010 | Davos Reveals Unexpected GapThe Davos Economic Forum 2010 reaches very little outcome regarding the current economic and financial challenges. ++ Still, what strikes most is the surprisingly widening gap between fast-recovering emerging economies and old struggling transatlantic economies. ++ As opposed to Europe and the US spending 25% of their GDP on refunding the financial sector, 75% of the world growth has been ... MoreMarch 25, 2009 | China to the RescueBrazil, Russia, India and China, the “BRIC” countries, have called the IMF to implement sweeping reforms “to adapt to the ever-changing global financial situation.” ++ To give the IMF greater legitimacy, reforms should “give proper representation to and increase the say of emerging developing economies. ” ++ As the world’s third largest economy, China should get a place in the monetary body. ++ ... MoreOctober 13, 2008 | G7 Must Work With IMF to Avert Global RecessionIt will not suffice if the G7 only saves the financial systems of its own members. ++ The wealthiest nations can afford to shore up their banks, but emerging countries won’t be able to do the same on their own. ++ Steep recessions will follow in emerging regions and will in turn dampen the economies of Western Europe and the US. ++ Therefore, in its own interest the G7 should ensure that ... MoreJune 27, 2008 | Fear of Globalization is Rising in the WestOnce upon a time in the West, the notion of globalization brought to mind new commercial outlets, the international exchange of goods and new post-industrial job opportunities. Yet, the integration of highly populated emerging economies, China and India in particular, has modified the circumstances of both Europeans and Americans. Ever more people on either side of the Atlantic now associate ... MoreMay 22, 2008 | India's Government Needs to Bolster CompetitivenessIndia’s slide by two places in the global competitiveness ranking from 2007 to 2008 reveals the country’s infrastructural deficiencies. ++ “The government is unable to create infrastructure needed to sustain present levels of growth” especially with respect to primary education, energy, broadband networks, access to water, health, and the environment. ++ This is a threat ... MoreMarch 28, 2008 | The OECD: A Response to Turkey's ChallengesThe significant and growing contribution of emerging markets to the global economy demonstrates the strategic importance for the OECD to cooperate and engage with them, with an ultimate view to membership. ++ Countries like Turkey also have much to gain from the OECD’s knowledge of good policy practices. ++ The OECD’s platforms and instruments would provide for “increased ... More |
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