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Curated by Project Syndicate

Emerging Market Meltdown

14 commentaries

Fears over China's economic slowdown, together with a looming increase in US interest rates and growing political instability, have sent investors scurrying out of emerging markets. Is this merely a momentary reversal, or have emerging markets become a bad long-term bet?

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  1. The Great Emerging-Market Bubble
    India flood  house submerged Prabhat Kumar Verma/ZumaPress

    The Great Emerging-Market Bubble

    Aug 17, 2015 Bill Emmott identifies weak political institutions as the main culprit behind economic stagnation.

  2. Oil’s New Normal
    Shale crude oil pipeline Paul Edmondson/ZumaPress

    Oil’s New Normal

    Aug 14, 2015 Mohamed A. El-Erian takes stock of an energy market that must adjust to a new swing producer.

  3. Back to Fundamentals in Emerging Markets
    India children slum school Ritesh Shukla/ZumaPress

    Back to Fundamentals in Emerging Markets

    Aug 13, 2015 Dani Rodrik advises investors to distinguish among economies that, for 15 years, were wrongly lumped together.

  4. The Future for Emerging Markets
    bright future Alex Abian/Flickr

    The Future for Emerging Markets

    Jun 30, 2015 Laura Tyson explains why investors should look past recent poor performance in emerging market economies.

  5. Emerging Markets After the Fed Hikes Rates
    Fed chair Janet Yellen Yin Bogu/ZumaPress

    Emerging Markets After the Fed Hikes Rates

    Jun 29, 2015 Nouriel Roubini believes that most countries are resilient enough to withstand US monetary-policy tightening.

  6. Will Fed Tightening Choke Emerging Markets?
    Dollar currency bundle Xinhua/ZumaPress

    Will Fed Tightening Choke Emerging Markets?

    Mar 23, 2015 Jeffrey Frankel shows which countries are most vulnerable to capital-flow reversal when US interest rates rise.

  1. adebajo12_FADEL SENNAAFP via Getty Images_USmilitaryafrica Fadel Senna/AFP via Getty Images

    What Trump’s Return Means for Africa

    Adekeye Adebajo expects a continuation of America's longstanding attitude of benign neglect toward the continent.
  2. hodgkins1_Ulet IfansastiGetty Images_mine Ulet Ifansasti/Getty Images
    Free to read

    The False Promise of “Responsible Mining”

    Chelsea Hodgkins lambasts a corporate-led voluntary global standard that would harm communities and pose risks for automakers.
  3. elerian175_Spencer PlattGetty Images_nyse Spencer Platt/Getty Images

    A Baseline Scenario for the Global Economy in 2025

    Mohamed A. El-Erian

    In 2024, global geopolitics and national politics have undergone considerable upheaval, and the world economy has both significant weaknesses, including Europe and China, and notable bright spots, especially the US. In the coming year, the range of possible outcomes will broaden further.

    offers his predictions for the new year while acknowledging that the range of possible outcomes is widening.
  4. ruto6_LUIS TATOAFP via Getty Images_africafloods Luis Tato/AFP via Getty Images

    A New Deal for Developing Countries

    William Ruto explains what climate-vulnerable Africa will need to strengthen their resilience and sustain economic growth.
  5. mazzucato78_James Glossop - WPA PoolGetty Images_starmerinvestment James Glossop/WPA/Pool/Getty Images

    Good Growth Requires Getting Public-Private Partnerships Right

    Mariana Mazzucato worries that a recently unveiled industrial strategy is not structured properly.
  6. delong266_Michael SwensenGetty Image_musk Michael Swensen/Getty Images

    American Idiots

    J. Bradford DeLong considers the implications of Donald Trump and friends' effort to orchestrate an unnecessary government shutdown.
  7. fischer223_Alexander KoernerGetty Images_bundeswehr Alexander Koerner/Getty Images

    Putin’s Setbacks Are Cold Comfort for Europe

    Joschka Fischer considers the implications of Russia's loss in Syria and Donald Trump's imminent return to the White House.
  8. brown115_WAKIL KOHSARAFP via Getty Images_afghanistanwomen Wakil Kohsar/AFP via Getty Images

    Gender Apartheid Is a Crime Against Humanity

    Gordon Brown urges global policymakers to address the Afghan regime’s egregious violations of women and girls' rights.
  9. Matt Gush/Getty Images

    The US Economy’s Trust Deficit

    Michael Spence considers the causes and consequences of Americans’ declining faith in media and government.

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