EMerging Equity
Archive for January 2015
A Big Step Forward for Bolstering Financial Inclusion – IMF
By David Marston, Era Dabla-Norris, and D. Filiz Unsal Economists are paying increasing attention to the link between financial inclusion—greater availability of and access to financial services—and economic development. In a new paper, we take a closer look at exactly how financial inclusion impacts a country’s economy and what policies are most effective in promoting … Continue reading
How Can Emerging Markets Encourage Foreign Investment?
By Theodore H. Moran Joining international supply chains has help some developing nations industrialise while leaving others by the wayside. This column discusses research that extract lessons from four case studies. It suggests the key to success is combining pro-active investment promotion with customised infrastructure improvements and public-private vocational training that allow investors to fit … Continue reading
John Maynard Keynes Was A Mediocre Currency Trader: Study
It turns out that John Maynard Keynes, the father of modern macroeconomics, was a bit of a speculator. A September 2014 study by academics at Cambridge and the London School of Economics found that Keynes was an avid, but mediocre, currency trader. Olivier Accominotti of the London School of Economics and David Chambers of Cambridge … Continue reading
Iran’s First Exchange-Traded Fund Set To Launch
Iran – one of the world’s last untapped markets – is set to see its first exchange-traded fund (ETF) launch, ahead of the possible lifting of international sanctions that were imposed on the nation, Reuters reported earlier this week. Turquoise Partners, a Tehran-based investment firm, said that it is planning to launch Iran’s first ETF … Continue reading
China’s “New Silk Road”: Strategic Eurasia Land And Sea Transport Corridors
“The One Belt and One Road initiative is a long-term macroscopic program of strategic development for the entire State.” – Zhao Xijun, Deputy Dean of School of Finance, Renmin University, Global Times, Dec 28, 2014 By Binoy Kampmark The Chinese flag hangs in fraternal union with Serbia as one crosses the Zemun-Borča bridge, completed last month, and … Continue reading
Russian GDP To Fall 3%, Inflation To Rise To 12%, Capital Outflows At $115B In 2015 – Economy Ministry
By Sputnik Russia’s Ministry of Economic Development has revised economic forecast for 2015 and expects country’s gross domestic product (GPD) to shrink by three percent and inflation to hit 12 percent with oil prices at $50 a barrel, the ministry’s head said Saturday. “We have issued a forecast for 2015, which is based on the current market prices, that is around $50 per … Continue reading
China: Embracing Africa, But Not Africans
The next step for Beijing in its Africa relations is better people-to-people relations. By Paul R. Burgman Jr. The Diplomat From January 10-17, Chinese Foreign Minister Wang Yi embarked on a five-nation African tour to promote friendly relations between Africa and China, and to continue a Chinese government tradition of making the African continent the … Continue reading
Greece Won’t Cooperate With ‘Troika,’ Rejects Aid Extension
The new left-wing Greek government has said that it will not cooperate with the ‘troika’ of international lenders, and does not plan to seek an extension for its aid package which is set to expire at the end of February. Without the aid, Greek banks could face being shut off from European Central Bank funding. … Continue reading
Greece, The US And The Neo-Liberal Coup – We Are All Greeks Now – OpEd
By Rob Urie Since the onset of economic calamity in the West beginning around 2007 ‘official’ response has been framed as modest successes with a few policy errors while the reality is of remote elites and their agents enacting punitive policies under the guise of material economic constraints. In this context the election of Alexis … Continue reading
Merkel Says There Should Be No Debt Reduction For Greece
German Chancellor Angela Merkel has said there should be no debt relief for Athens, a day after Greece’s new finance minister announced he would no longer cooperate with auditors from the so-called troika of creditors. At a strained press conference in Athens with Eurozone chief Jeroen Dijsselbloem on January 30, Yanis Varoufakis said Greece would … Continue reading
