Latin America: Emulating the Success of a Few

At this year’s gathering of the World Economic Forum (WEF) in Davos, Latin America is expected to claim centre stage. With some of the region’s...

Russia’s Aviation Industry: Ready for Take-Off

There were some impressive claims amid the recent hype surrounding the MC-21, Russia’s new medium-range passenger jet. The Siberian-made airliner is said to weigh 15%...

WEF: Mission Impossible Accomplished

Credit the World Economic Forum with saving South Africa from communism. Invited to attend the 1992 World Economic Forum, Nelson Mandela arrived in Davos armed...

Latin America: Corruption – Disrupting Business as Usual

“I’m shocked, shocked to find that gambling is going on here,” says Captain Louis Renault of the Casablanca police upon entering Rick’s Bar. A...

Nouriel Roubini: 2008 Revisited?

The question I am asked most often nowadays is this: Are we back to 2008 and another global financial crisis and recession? My answer is...

Africa: Life After the Resources Super Cycle

If one region has dominated the discussions at the World Economic Forum, it has been Africa. That continent’s diversity, contrasting fortunes, unique challenges, and...

Saudi Arabia: A Kingdom Opening Up to the World

With a new king, a reshuffled cabinet, and a carefully crafted plan in place, the Kingdom of Saudi Arabia is ready to open up...

Joseph E Stiglitz and Hamid Rashid: Closing Developing Countries’ Capital Drain

Developing countries are bracing for a major slowdown this year. According to the UN report World Economic Situation and Prospects 2016, their growth averaged...

Michael Pettis: Money Is Not Created Out of Thin Air

A recurring conversation I have with clients concerns the ability of banks to create credit, and of governments to monetise debt, and whether this...

Anders Åslund: The Submerging Market Threat

It is time to put the rise of the emerging economies in perspective. The rapid economic growth in much of the developing world since...