Development

Audio

Widening Inequality Threatens U.S. Growth and Social Mobility

Speaker: Jose Angel Gurria
Presider: Mary Ellen Iskenderian

Inequality has been steadily rising in the United States since the 1970s, but the gap between rich and poor increased dramatically following the financial crisis of 2008. José Ángel Gurría of the Organization for Economic Cooperation and Development joins Mary Ellen Iskenderian of Women's World Banking to discuss the growing inequality problem and what steps can be taken to promote more inclusive growth going forward.

See more in Global; Economic Development

Video

Widening Inequality Threatens U.S. Growth and Social Mobility

Speaker: Jose Angel Gurria
Presider: Mary Ellen Iskenderian

Inequality has been steadily rising in the United States since the 1970s, but the gap between rich and poor increased dramatically following the financial crisis of 2008. José Ángel Gurría of the Organization for Economic Cooperation and Development joins Mary Ellen Iskenderian of Women's World Banking to discuss the growing inequality problem and what steps can be taken to promote more inclusive growth going forward.

See more in Global; Economic Development

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Financial Times: Obama Walks Into Crossfire of Asian Tensions

Authors: Geoff Dyer, Demetri Sevastopulo, and Simon Mundy

"The U.S. has been particularly frustrated at the deterioration in relations between Tokyo and Seoul, as it believes that relationship is important to help check the rise of China in the region, which is one reason that some high-profile Asia experts in the US have been urging Mr Obama to visit South Korea."

See more in Japan; South Korea; Economic Development; Global Governance

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New Republic: The Loneliness of Vladimir Putin

Author: Julia Ioffe

"The increasingly real threat of economic turmoil is already chipping away at Putin's power with more effectiveness than any protest movement. There is bound to be a vacuum when the forces of economics prevail. But a movement that is pulled in myriad different directions, that cannot decide on an identity, and yet lacks variety in its leaders cannot fill the void. By crushing the opposition, Putin has all but ensured that, once again, Russia's history will repeat itself, and only the wrong people will be there to step in—the ultra-nationalists, childlike faddists, and dangerous purists."

See more in Russia and Central Asia; Economics; Development

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Al-Jazeera: Flipping the Corruption Myth

Author: Jason Hickel

"Many international development organizations hold that persistent poverty in the Global South is caused largely by corruption among local public officials. In 2003 these concerns led to the United Nations Convention against Corruption, which asserts that, while corruption exists in all countries, this 'evil phenomenon' is 'most destructive' in the global South, where it is a 'key element in economic underperformance and a major obstacle to poverty alleviation and development.' There's only one problem with this theory: It's just not true."

See more in Global; Corruption and Bribery

Transcript

South Korea, Poland, and Turkey: Three Emerging Market Success Stories Look to Sustain Their Growth

Speakers: Steven A. Cook, Marcus Noland, Mitchell Orenstein, and Gideon Rose

Emerging economies have boomed over the past decade, but many have recently seen their currencies come under pressure. With a potential currency crisis looming, CFR's Steven Cook, Marcus Noland of the Petersen Institute for International Economics, and Mitchell Orenstein of Northeastern University take an in-depth look at three emerging market success stories in a conversation with Foreign Affairs editor Gideon Rose.

See more in South Korea; Emerging Markets; Turkey

Video

South Korea, Poland, and Turkey: Three Emerging Market Success Stories Look to Sustain Their Growth

Speakers: Steven A. Cook, Marcus Noland, and Mitchell Orenstein
Presider: Gideon Rose

Emerging economies have boomed over the past decade, but many have recently seen their currencies come under pressure. With a potential currency crisis looming, CFR's Steven Cook, Marcus Noland of the Petersen Institute for International Economics, and Mitchell Orenstein of Northeastern University take an in-depth look at three emerging market success stories in a conversation with Foreign Affairs editor Gideon Rose.

See more in South Korea; Turkey; Emerging Markets

Audio

South Korea, Poland, and Turkey: Three Emerging Market Success Stories Look to Sustain Their Growth

Speakers: Steven A. Cook, Marcus Noland, and Mitchell Orenstein
Presider: Gideon Rose

Emerging economies have boomed over the past decade, but many have recently seen their currencies come under pressure. With a potential currency crisis looming, CFR's Steven Cook, Marcus Noland of the Petersen Institute for International Economics, and Mitchell Orenstein of Northeastern University take an in-depth look at three emerging market success stories in a conversation with Foreign Affairs editor Gideon Rose.

See more in South Korea; Turkey; Emerging Markets

Must Read

Bloomberg: Turkey Crisis Puts Jailed Millionaire at Heart of Gold Trail

Author: Mehul Srivastava

"As western nations ring-fenced Iran's banks, they created a temporary market where gold could be used to pay Iran for its only major export: oil and gas. That chaotic marketplace created opportunities for men like Sarraf. He used his connections in Iran and Turkey to move almost a metric ton of gold to Iran every day for 1 1/2 years, according to a person familiar with his finances."

See more in Turkey; Corruption and Bribery