Emerging Markets

Video

Lessons from Emerging Markets

Speakers: Joyce Chang, Richard H. Clarida, and Peter B. Henry
Presider: Tim W. Ferguson

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.

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Audio

Effects of Investment Treaties in the Global South

Speaker: Lori Wallach
Presider: Terra Lawson-Remer

Lori Wallach, director of Public Citizen's Global Trade Watch, discusses investment treaties, their implications for policies to promote financial stability and sustainable use of natural resources, and the flaws of the arbitration system used by investors and nations to settle conflicts, with a focus on the global south.

See more in Economics, Business and Foreign Policy, Emerging Markets, International Finance

Ask CFR Experts

Where do you see Brazil in 2020? As a country with the lowest growth rates among the BRICS, is the dream over for Brazil?

Asked by Fagner Dantas, from Universidade Federal da Bahia

The Brazilian government faces a number of challenges and opportunities concerning its economic forecast in the coming years. After peaking at 7.5 percent growth in 2010, Brazil's recent economic slowdown has caused worry that the dream of a new high-growth economy had slipped out of reach.

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See more in Brazil, Economics, Economic Development, Emerging Markets, Financial Crises, Geoeconomics

Primary Sources

Joint Statement of the Fifth BRICS Summit in Durban, March 2013

The fifth summit of the BRICS (Brazil, Russia, India, China, South Africa) countries met in Durban, South Africa March 26 and 27, 2013, to discuss "political and economic coordination." They released their fifth summit declaraction, "BRICS and Africa: Partnership for Development, Integration and Industrialisation," which includes plans for a BRICS development bank.

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Article

Gujarat Promises Continued, Accelerated and All-Around Progress

Author: Jagdish N. Bhagwati
The Economic Times

Jagdish Bhagwati argues that growth can reduce poverty and that slow economic growth will hurt social development, which he also argues in his new book with Arvind Panagariya, "India's Tryst with Destiny: Debunking Myths that Undermine Progress and Addressing New Challenges."

See more in India, Business and Foreign Policy, Economic Development, Emerging Markets, Infrastructure, Global Health

Op-Ed

Mexico Isn't a Gangland Gunbattle

Author: Shannon K. O'Neil
USA Today

Shannon K. O'Neil says, "[American] perceptions reflect the Mexican reality that dominates headlines: soaring crime rates and gruesome murders in a war against drug traffickers. But this window into Mexico overlooks an economic transformation and deepening ties with the United States that reflect a dramatically different country."

See more in Mexico, United States, Economic Development, Emerging Markets