Improving Governance in Emerging Market Economies

October 12, 2023

Chair                          

- Nobumitsu Hayashi, Governor, Japan Bank for International Cooperation (JBIC)

Presenter

- Rajat Nag, Distinguished Fellow, Emerging Markets Forum (EMF)

Discussants

- María Eugenia Brizuela de Avila, Director, Inversiones Vision

- Larabi Jaïdi, Senior Fellow, Policy Center for the New South (PCNS)

- Abdoulie Janneh, Executive Director and Board Member, Mo Ibrahim Foundation

Djoomart Otorbaev, Former Prime Minister of Kyrgyzstan

- Sommai Phasee, Chairman, Thailand Bond Market Association

Launch of the latest EMF publication: “From Here to Denmark ..the importance of institutions for good governance” by Rajat Nag and Harinder Kohli

RELATED CONTENT

  • November 24, 2022
    This chapter was originally published in the book "Africa–Europe Cooperation and Digital Transformation", co-edited by Chux Daniels, Benedikt Erfoth, and Chloe Teevan Since the mid-2010s, North African countries have been pursuing what some observers have called a “return to Africa” (Dworkin, 2020). Egypt, Morocco, and Tunisia have attempted to position themselves as major components of Europe- Mediterranean-Africa infrastructure and supply chains corridors (Tanchum, 2020). The thr ...
  • Authors
    November 22, 2022
    The US dollar has risen dramatically in value against other currencies recently. Three channels through which factors affecting bilateral exchange rates operate have been pulling up the U.S. dollar: yield differentials, liquidity differentials, and growth differentials. The strong appreciation of the US dollar against other currencies recently reinforced the contractionary pressures present in the global economy. Ultimately, the “turn” or “pivot” of the dollar will most likely occur ...
  • November 22, 2022
      يعتمد مشروع قانون المالية لسنة 2023 أولويات يمكن تلخيصها في أربعة محاور تهم "ترسيخ ركائز الدولة الاجتماعية، وإنعاش الاقتصاد الوطني من خلال دعم الاستثمار، وتكريس العدالة المجالية، واستعادة الهوامش المالية من أجل ضمان استدامة الإصلاحات". ونظرا لأهمية النظام الضريبي في تحقيق الانتعاش ا...
  • Authors
    November 17, 2022
    This piece examines the role of labor and religious movements in the face of the “informalization” of the African economy. How does the growth of an informal sector set back class formation and labor activism? How will the rise of economic networks outside formal economic and political channels affect state capacity? Can labor unions develop organizational independence if the labor market is segmented with a growing number of informal workers? What happens when labor market “insider ...
  • Authors
    November 11, 2022
    If the recent peaceful transfer of power in Madagascar heralds a new trend, then the Malagasy people can dream big. For decades, the exercise of economic-cum-political power in the hands of a tiny elite has held the entire nation hostage. Today, the high poverty rate—around 80% (2021) stands in stark contrast to the natural resource abundance of this huge enormous island. There is hope, however, that with political stability, the Plan d’Émergence Madagascar (PEM) President Andry R ...
  • November 4, 2022
    Panel 2: Les Communautés Economiques Régionales : Quel apport à la résilience africaine dans un contexte de chocs multidimensionnels ? Modérateur:            Abdelaaziz Aït Ali, Manager – Département d’économie, Policy Center for the New South   Intervenant.e.s : Nezha Alaoui M’hamm...
  • November 3, 2022
    This chapter was originally published in CEPR's eBook "Scaling Up Sustainable Finance and Investment in the Global South" The world faces a huge shortage of infrastructure investment relative to its needs. With few exceptions, such as China, this shortage is even greater in non-advanced countries. The G20 Infrastructure Investors Dialogue estimated the volume of global infrastructure investment needed by 2040 to be $81 trillion, $53 trillion of which is needed in non- advanced cou ...
  • November 2, 2022
    This publication was originally published in Project Syndicate    Mobilizing excess savings in advanced economies for much-needed investment in green infrastructure in emerging-market and developing economies will not be easy. But it is possible, if both the public and private sectors do their parts. WASHINGTON, DC – To spur development and fight climate change, emerging-market and developing economies (EMDEs) will need huge amounts of investment in green infrastructure over the ...