DEG: Turkey – Growth Market and Bridge to the East

Turkey was long considered especially promising in the group of emerging-market countries. However, political developments and Turkey’s susceptibility to recent turmoil in financial markets means that the perception has now shifted. But which is the correct impression? Do current political

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Nigeria: An Economic Upswing Foretold

Oil prices have rebounded from their recent lows and may yet provide temporary relief to Nigeria, allowing the incoming administration of President-elect Muhammadu Buhari to forego some of the proposed budget cuts or, alternatively, increase capital expenditure. Though market watchers

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Ten Guiding Principles to Encourage Foreign Direct Investment

Worldwide, foreign direct investment (FDI) volumes are shortly expected to breach the $3tn mark – representing fully 4% of the global GDP. Foreign direct investment and trade liberalisation, two faces of the same coin, are seen as key drivers of

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Ross Jackson: A Silver Lining to Europe’s Troubles

As we await the outcome of the four-month extension of the Greek credit arrangement with the Troika (EU, IMF, ECB), this is a good time to consider various possible scenarios. Indeed, I would like to outline the one scenario that

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Grant Thornton: Governance vs Corporate Governance

When we hear the term “corporate governance”, we instantaneously parallel the phrase with rules and procedures, stock market regulations, codes, standards, compliance, etc. Corporate governance is perceived by many publically-listed companies as a burden that limits their freedom because of

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Evan Harvey, Nasdaq: Stock Exchanges, European Capital Markets, and Sustainability

Sustainability is already part of the global market ecosystem. Exchanges and regulators have embraced it, researchers and academics have validated it, and the law in many places already requires it. Even if the perspective remains limited to the US Supreme

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Otaviano Canuto, World Bank Group: BRICS Apart as Oil Prices Plunge

The oil price plunge since last June has been deemed, overall, as a boon for the global economy. However, that depends on where one stands as a producer or user, as illustrated here with the divergence of impacts on BRICS

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Proposed China Pakistan Economic Corridor: With a Price Tag of $46 billion

China’s president Xi Jinping arrived in Islamabad on Monday 20 April for talks with Pakistani president Nawaz Sharif, to address parliament and make clear to the world a very obvious power shift from West to East. Xi Jinping has agreed

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The Saudi Arabian Stock Exchange: Opening to Foreign Investors in June

As of June 15th this year, the largest stock market in the Middle East– Saudi Arabia’s Tadawul – will be open to foreign investors for the first time. The Saudi exchange, which is worth well over $500 billion, is dominated

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Mario Draghi: Bond Buying a Success but Deflation Threat Remains

According to European Central Bank (ECB) president, Mario Draghi (speaking at a news conference on Wednesday 15th April) the Euros 1.1 trillion bond buying plan executed by the Bank has been effective. He commented that the buying of bonds had

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