Otaviano Canuto, IMF: Whither Emerging Markets Foreign Exchange Reserves

After a exponential rise in foreign exchange reserves accumulation by emerging markets from 2000 onwards, the tide seems to have turned south since mid-2014. Changes in capital flows and commodity prices have been major factors behind the inflection, with the

Read More

From the editor: The Art of the Doomsayer – Crisis? What Crisis?

Just as a broken watch still tells the right time twice a day, the persistent doomsayer will eventually be vindicated. In the financial world, entire reputations are built on predicting recessions, if not depressions: keep it up long enough and

Read More

Strategy&: Gaining a Competitive Edge in Africa

Worldwide, companies have begun to make expansion across Africa a priority, recognising that – despite many problems – the continent is amongst the fastest-growing regions in the world. Africa is poised for long-term economic growth: the continent has 600 million

Read More

World Bank Group: Ask Citizens Where Public Money Should Go – The Surprising Results

As citizen engagement gains traction in the development agenda, identifying the extent to which it produces tangible results is essential. Participatory budgeting, a process in which citizens decide upon and monitor budget allocation, offers promising results, including increased local government

Read More

IFC: Capital Markets Key to Development

Ending extreme poverty for good and building shared prosperity across the developing world takes money – a lot of money. Take infrastructure: for the foreseeable future, an estimated $50 billion per year is needed in Africa alone to deliver basic

Read More

BRIC-à-Brac: Requiem for a Wishful Thought

In the end, it may have been nothing more than a flash in the pan. Unable to fulfil the promise of a new world order, the BRICS countries have largely ceased to be of note. With sputtering economies and political

Read More

Evan Harvey, Nasdaq: Emerging Markets Leverage ESG Strategy

Over the last decade, emerging market exchanges (EMEs) have outperformed the rest of the world in a few key ways related to sustainability performance and disclosure. The primary markets in two emerging economies – South Africa’s Johannesburg Stock Exchange (JSX)

Read More

PwC: Africa’s Hospitality Sector Poised for Growth

Africa’s hospitality industry is set to meet the rising demand from international tourists, local business travellers, and the continent’s own growing middle class. The sector has seen substantial growth with many international brands descending around commercial and retail centres, growing

Read More

Statement on World Bank’s $2.1 Billion Support to Nigeria

On Tuesday, July 21, 2015 the World Bank Group President Jim Kim held a meeting with Nigerian President Muhammadu Buhari at Blair House in Washington, D.C. In the meeting it was indicated that Nigeria has up toUSD $2.1 billion of

Read More

At High-Level Forum, UN Official Calls for Final Push Towards New Sustainability Agenda

The international community stands on the cusp of eradicating extreme poverty and reaching the world’s most vulnerable people with “a chance to live a life of dignity,” the Vice-President of the United Nations Economic and Social Council (ECOSOC) declared today,

Read More