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...
