Emerging Markets

Audio

The Rest Leapfrogging the West: How Rising Incomes and Technological Innovation Are Driving Financial Inclusion in Emerging Markets

Speakers: Robert Annibale and Shamshad Akhtar
Presider: Isobel Coleman

Isobel Coleman hosts Robert Annibale, Global Director of Microfinance, Citigroup, and Shamshad Akhtar, Assistant Secretary-General for Economic and Social Affairs, United Nations, for a discussion about how to reach the two billion people who do not have access to formal financial services.

This roundtable was generously supported by the Center for Financial Conclusion at Accion, which is leading the Financial Inclusion 2020 Campaign.

See more in Emerging Markets, Technology Transfer

Op-Ed

The Sino-American Decade

Author: A. Michael Spence
Project Syndicate

Michael Spence writes that cooperation between the United States and China on issues surrounding the environment, trade, investment, and financial stability will be critical not only for the continued well-being of the two countries, but also for the successful rebalancing of the world economy.

See more in China, Economics, Capital Markets, Economic Development, Emerging Markets, Geoeconomics, Infrastructure, International Finance, Trade

Testimony

Coping with Public Health Hazards in Post-SARS China

Author: Yanzhong Huang

In his testimony before the Congressional-Executive Commission on China, Yanzhong Huang discusses China's recent public health crises. He focused on two areas: encouraging further government transparency and emboldening civil society to help enact policy changes.

See more in China, Preparedness, Human Rights, Emerging Markets, Environmental Pollution, Natural Resources Management, Health, Science, and Technology, Global Health, Health and Disease, Public Health Threats

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.

See more in Emerging Markets

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.

Read full answer

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.

See more in Emerging Markets, Trade

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