Emerging economies

The dragon sneezes, Europe catches a cold

European stock prices, financial contagion and the trade exposure to China. How the turmoil in China’s stock market is affecting European stock market

The rolling global crisis will come home

When productivity growth slows down, there are two choices: to invest in the future or to live within one’s means. Instead, policymakers preoccupied w

Making low-carbon technology support smarter

This Policy Brief describes the interaction between three approaches that are effective in driving innovation in low-carbon technologies. Based on tha

Delhi’s children deserve quality education

Money has not held up educational advancement in Delhi or in India more generally. Delhi’s education budget has risen steadily. And the worry is that

Europe must wake up before Iran falls into the arms of Russia and China

European leaders seem to have been caught somewhat off-guard by the Iran deal. The Greek saga alone could explain this. The problem is that other comp

China's stock market falling off a cliff: Why, and why care?

Spurred by interventions from Chinese authorities, the Chinese stock market was rallying. However, the recent sell-off has wiped out on

China’s outward foreign direct investment

China’s outbound foreign direct investment (ODI) may have exceeded inbound foreign direct investment (FDI) for the first time in 2014, according to th

The emerging world: Debt as key risk

Perhaps the most ostensible of all challenges faced by the global economy is that of pervasive debt levels. For quite some time now, particularly foll

China pushing 'build now, pay later' model to emerging world

China will be the largest contributor to the Asian Infrastructure Investment Bank, which aims to become the first global institution headquartered in

Additional monetary easing for China?

As many other central banks in the Asian region, the People Bank of China (PBoC) has been on an easing mode for a few months now and more seems to be

Pessimistic views of China’s economy are unconvincing

In late 2001, I first used the phrase BRIC to discuss the likely rise of Brazil, Russia, India and China as growing shares of the world economy and ou

Realizing the Indian dream

It is probably too early to say with certainty that India will soon take its place as the world's third largest economy, behind China and the United S

Making space for China

Three good reasons to be bullish on China in 2015

Back at the start of the decade, I made certain assumptions about how the so-called BRIC economies -- Brazil, Russia, India and China -- would perform