Emerging Markets

Transcript

The President's Inbox: Asia And The Economy

Presider: Kay King
Panelists: Edward Alden, Elizabeth C. Economy, and Sebastian Mallaby

Embarking on her first international trip later this month, Secretary of State Hillary Clinton will travel to Japan, South Korea, China, and Indonesia to reinforce President Obama's commitment to active engagement and discuss the global financial crisis. Join CFR experts Edward Alden, Caroline Atkinson, and Elizabeth C. Economy to discuss U.S. foreign policy toward Asia, the global economy, and the challenges and opportunities that fill the new administration's inbox.

See more in United States; Emerging Markets; Business and Foreign Policy; China

Backgrounder

Vietnam's Economic Hiccups

Author: Julie Ginsberg

Vietnam's stock market has plunged and its economic growth has dwindled since 2006, when it was seen as a model for emerging country growth. The country's experience highlights the problems confronting emerging markets in the 2008 financial crisis.

 

See more in Vietnam; Financial Crises; Emerging Markets

Must Read

A Bigger Clubhouse

Author: David Rothkopf

David Rothkopf, a visiting scholar at the Carnegie Endowment for International Peace and author of "Superclass: The Global Power Elite and the World They Are Making," writes that in this time of transformation of the international system, emerging-market powers will define the new "new world order." The need for broad global engagement around not only the financial crisis but many other world challenges will almost certainly lead the Obama administration to more actively engage the BRICs-a term coined in 2001 to refer to the biggest of the emerging powers Brazil, Russia, India and China-and that in order to manage the challenges of the world economy, potential rivals will become vital partners.

See more in Business and Foreign Policy; Emerging Markets

Must Read

Newsweek: Cutting Things Down To Size

Author: Mac Margolis

Special Correspondent Mac Margolis examines why, as Brazil becomes Latin America's economic pacesetter, its neighboring countries are viewing it as target No. 1. With a $1.4 trillion economy and a global political agenda, Brazil stands out in a region hobbled by poverty and poor governance. Its industry eclipses that of its neighbors, assuring Brazil a fat regional trade surplus. And as Brazil's fortunes soar, it casts a harsh spotlight on the shortcomings of its neighbors. The result: increased animosity from across its borders.

See more in Brazil; Emerging Markets

Must Read

EPW: India and Bretton Woods II

Authors: Aaditya Mattoo and Arvind Subramanian

The G-20 meeting in Washington on November 15 is an opportunity for India to help shape the new global economic architecture in line with its strategic interests. India should propose short-term crisis response actions and suggest a clear medium-term agenda.

See more in Financial Crises; Emerging Markets; India