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Curated by Project Syndicate

Submerging Markets?

43 commentaries

Emerging markets, until recently the main engines of world economic growth, are losing momentum – with serious implications for global recovery. How have commodity prices, domestic politics, and advanced-country monetary policy undermined emerging-market growth, and what do recent developments mean for investors, consumers, and policymakers worldwide?

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  1. Containing Competitive Monetary Easing

    Containing Competitive Monetary Easing

    Apr 28, 2014 Raghuram G. Rajan calls for monetary-policy coordination among major central banks.

  2. The Future of Economic Progress

    The Future of Economic Progress

    Apr 15, 2014 Kemal Derviş homes in on the key questions surrounding the nature and measurement of contemporary growth.

  3. The Growing Divide Within Developing Economies

    The Growing Divide Within Developing Economies

    Apr 11, 2014 Dani Rodrik examines why informal and traditional sectors are expanding, rather than shrinking.

  4. Losing Interest

    Losing Interest

    Apr 11, 2014 Barry Eichengreen examines competing explanations for three decades of decline in real interest rates.

  5. Sentiment and Sensibility in Emerging Markets

    Sentiment and Sensibility in Emerging Markets

    Apr 9, 2014 Laura Tyson says that differentiation of country and sector risk will determine future investment flows.

  6. The Two Mexicos
    dr3326c.jpg Dean Rohrer

    The Two Mexicos

    Apr 1, 2014 Jaana Remes & Luis Rubio take issue with flattering headlines heralding a new emerging-market success story.

  1. deryugina2_ANATOLII STEPANOVAFP via Getty Images_ukraine ANATOLII STEPANOV/AFP via Getty Images

    Trump’s Best Hope for Peace Is to Support Ukraine

    Tatyana Deryugina, et al. warn that trying to appease Putin could cast the American president-elect as a modern-day Neville Chamberlain.
  2. picture alliance/Getty Images

    Should Ukraine Have Nuclear Weapons?

    Slavoj Žižek dismisses the idea that firing Western missiles at Russian targets represents a dangerous escalation.
  3. fischer122_NurPhotoGettyImages_berlin_wall_35th_leaders1 NurPhoto/Getty Images

    The End of the Liberal West

    Joschka Fischer considers what Donald Trump’s return to the White House will mean for Europe and the post-war world order.
  4. op_disparte1_SadikDemirozGetty Images_digitaldollar FREDERIC J. BROWN/AFP via Getty Images

    Trump’s Inflationary Triple Threat

    Maurice Obstfeld

    Contrary to the claims of techno-libertarians like Elon Musk, independent central banks have a decades-long record of successfully controlling inflation. Yet, as the Federal Reserve’s credibility and oversight capabilities become more critical than ever, US President-elect Donald Trump’s policies threaten to undermine them.

    warns that the incoming administration’s agenda would weaken the Fed and destabilize the financial system.
  5. BP trump china MARK RALSTON/AFP via Getty Images

    What Will Trump Do About China?

    US President-elect Donald Trump campaigned on a promise to take a confrontational approach to China, with tariffs as his weapon of choice. But unless his administration adopts a measured approach, his plans may end up harming American businesses and consumers, undermining US democracy, or even leading to military confrontation.

  6. 0

    The Big Picture

  7. karman1_getty images_cooperation Getty Images

    Human Progress in the Trump Era

    Tawakkol Karman, et al. propose ways to foster a culture of cooperation at a time of rising conflict and democratic erosion.
  8. frankel166_JemalCountessGettyImages_national_debt Jemal Countess/Getty Images

    Elon Musk’s $2 Trillion Fiscal Fantasy

    Jeffrey Frankel dives into the incoming US administration’s absurd claim that fresh tax cuts will not increase the deficit.
  9. buchholz21_getty images_us china Getty Images

    The Deal Trump Should Offer China

    Todd G. Buchholz proposes that the incoming US administration push for a debt write-off and market access instead of tariffs.

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