Tag "World Bank"
Brazil’s populist president names liberal finance minister
Brazilian president Dilma Rouseff has appointed Joachim Levy to new Finance Minister post. But Levy faces many challenges if he is to balance Brazil’s budget. Guest post by Dr. Daniel
More emerging economies enter bond markets
Countries across Africa and Latin America have expressed a desire to begin or expand the sale of government bonds. Markets seem willing to take them up on their offer. Interest in the
3 things to watch in emerging market currencies
The US dollar has been on a tear since July, and its effect are beginning to hit emerging markets. First there was the taper tantrum, then another, then another. Emerging markets
Economy is casualty of anti-government protests in Pakistan
Pakistan’s economy has struggled under Pakistan’s current government, with the country requesting $6.6 billion in IMF aid last year. Economic forecasts for 2015 suggest the economic and fiscal issues will
Latin America still low on ‘Ease of Doing Business’ scale
The ‘Ease of Doing Business’ ranking has improved for Latin American countries since 2005, but important regulatory areas such as tax law, contract enforcement, and commercial lending need to be overhauled
Colombia risks being caught in middle-income trap
Colombia is becoming a popular Latin American investment market. But if Bogotá wants to grow beyond the middle-income range and become a long term-investment destination, the government will have to emphasize better governance
How BRICS’ new bank will challenge the West
BRICS countries have launched the New Development Bank with the aim of boosting infrastructure investment. The new bank may not become a key lender in the world economy but could challenge
4 challenges facing Egypt’s new president Sisi
Egypt’s newly elected President, Abdel Fattah al-Sisi, inherits a nation embattled by years of turmoil and instability. A bleak economic situation and continued crackdown on opposition and militant attacks are
Is Myanmar a new El Dorado for foreign investors?
Myanmar (formerly known as Burma) moved from a 50-year-long military regime to budding civilian rule in 2011. The political transformation has initiated social and market reforms and has piqued foreign investors’ interest in
Nigeria becomes Africa’s largest economy after GDP revision
Nigeria has begun using a new base year for its GDP calculations and has added new sectors to the economy. The change in calculation has nearly doubled its GDP estimate for
