Emerging Economies

General Motors Bets $5 Billion on Emerging Markets Future

General Motors has seen the future. And it ain’t here. Not exactly, anyway. The nation’s largest automaker still is bullish on the U.S. and other “mature” markets, but the company is announcing today it will invest $5 billion to develop a new, wide-ranging vehicle architecture to enhance the competitiveness of its mainstream Chevrolet brand in […]

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Will private sector money radically transform development?

One of the buzzwords at the recently concluded Financing for Development (FFD3) conference in Addis was ‘partnership’. At just one side event, hosted by the One Campaign, 30 speakers mentioned the word 34 times in just two hours. At the International Business Forum, held in parallel to FFD3, the conference secretary-general, Wu Hungbo said that […]

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IMF Says Growth In Emerging Markets And Developing Economies Are Expected To Pick Up In 2016

According to a recent report from the International Monetary Fund (IMF), economic growth in emerging markets through calendar year 2016 will grow to 4.7 percent, driven by improvements in conditions in certain distressed economies, including Russia and economies in the Middle East and North Africa. The IMF is also forecasting that increases in global growth […]

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SGDs and the private sector: Creating a win-win scenario

End poverty. End Hunger. Provide full employment. These are just three of the items on humanity’s greatest wish list — the new sustainable development goals, expected to be finalized by the United Nations this fall. It is impossible to imagine coming close to achieving these goals, and the 14 others, without the private sector. With […]

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Toward a Migration Development Bank for Transition Economies

Labor migration and remittances may bring positive economic effects to developing countries. This is the case particularly in countries like those in Eastern Europe and Former Soviet Union members where remittances constitute high shares of foreign-currency revenues and GDP. There is nevertheless clear evidence of an untapped development potential associated with those flows of labor […]

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