Emerging Markets Reshaping the World
Developing countries are transforming every aspect of global economic interaction. Global leadership is needed to ensure that this shift is marked by increased prosperity rather than conflict. […]
India
Growing Economies, Rising Problems
The fast rise of emerging economies brings an enormous opportunity to increase global prosperity, but also could generate dangerous conflicts. Global leaders must develop the means to mediate them. […]
The Poor Will Inherit the Earth
In the coming decades, the unprecedented emergence of the world’s poor countries as the largest global economies will both extend the frontier of prosperity and create massive tensions and unpredictable risks. […]
Why Are Reserves So Big?
The dramatic increase in official foreign exchange reserves in developing countries has prompted accusations of protectionism, but developed countries are equally to blame for the recent increase. […]
Hot in the South
In order to prevent another boom-bust episode—this time in developing countries—policy makers must act soon to cool the rising temperatures in several rapidly growing emerging markets. […]
Will Developing Economies Help Sustain the Global Recovery?
Growth in emerging economies has slowed from torrid post-crisis rates, but remains high and will likely mitigate—but not fully compensate for—a sharp slowdown in advanced countries. […]