As the financial crisis in the U.S. begins to seep into sectors domestically and ripples overseas to European markets, the reaction and situation in Asia is somewhat curious. Dr. Gerard Lyons, Chief Economist and Group Head of Global Research at Standard Chartered, discusses his view on the global economy from the Asia lens.
See more in Financial Crises; Emerging Markets; Asia and Pacific; International Finance
Speaker Donald Kohn discusses the role central banks should have in international financial markets.
See more in Business and Foreign Policy; Emerging Markets
Panelists discussed whether there is a link between aid and economic growth and tried to highlight what aid strategies, if any, can facilitate economic growth.
See more in Emerging Markets; Humanitarian Intervention; Economic Development
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
Joyce Chang, Richard H. Clarida, and Peter B. Henry discuss how emerging markets have responded to the global recession of 2008–2009 and potential lessons for developed countries.
See more in Emerging Markets
Obiageli Ezekwesili discusses the rise of Africa as a frontier market, the prospects for growth in coming years, the emergence of new players in African economies, and the World Bank's most innovative projects in the region.
See more in Africa (sub-Saharan); Emerging Markets
Nicky Oppenheimer, Chairman of De Beers, discusses how businesses can benefit from entering Africa, and contribute to sustainable growth and development in the continent. "Africa, I think, is going to be a hugely important continent in the future," says Oppenheimer, emphasizing that "America is currently a bit behind China. I don't think they should lose or slip back any further."
See more in Economic Development; Emerging Markets; Africa (sub-Saharan)
Economist A. Michael Spence says emerging market growth is going to produce a boom in investment, which in turn may lead to higher interest rates globally, and a tendency to intervene in international capital flows. Spence spoke to Robert Rubin, Former Treasury Secretary and Co-Chairman of the Council on Foreign Relations, at CFR's 2011 Corporate Conference.
See more in Emerging Markets; Global
A top State Department official, William Burns, said U.S.-Indian relations are in a transformational moment and through sustained dialogue both sides can profoundly deepen a broad range of economic and political ties.
See more in Emerging Markets; India; Diplomacy and Statecraft
Watch Representative Paul Ryan (R-WI) talk about the future of trade agreements with the Middle East and how greater economic engagement can lead to strategic, political, and security benefits.
See more in Middle East and North Africa; Economic Development; Emerging Markets
Watch John P. Lipsky, first deputy managing director of the International Monetary Fund (IMF), remark on the recent effects of the economy on IMF member countries and the IMF's reaction to the financial crisis.
See more in Financial Crises; International Organizations and Alliances; Emerging Markets