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

  • October 01, 2021
    The climate crisis is a latent threat that has been brewing for several years. Its repercussions affect both individuals and economies. Since the Paris Agreement, progress has stalled in ...
  • Authors
    Raffaele Della Croce
    Alessandro Gili
    Alin Horj
    Murat Kenanoğlu
    Carlo Secchi
    September 29, 2021
    Changes in global value chains and reshoring trends brought about by the Covid-19 pandemic represent an opportunity for sustainable and inclusive economic development of the Mediterranean region. While the region has increased its participation in trade and global value chains, it remains below its potential due to limited connectivity and the lack of adequate investment in infrastructures. To boost competitiveness and attract near-shoring investments, an upgrade of the Mediterranea ...
  • Authors
    Raffaele Della Croce
    Miguel Vazquez
    September 29, 2021
    In order to close the financing gap in green technologies, finding new mechanisms to enhance the participation of the private sector, combined with that of the public sector, in financing sustainable and climate-resilient infrastructure is a must. In this context, some unlisted instruments are going to be needed to enhance financing of green infrastructure. Besides, the development of properly structured projects, with risks and returns in line with the preferences of the different ...
  • Authors
    September 22, 2021
    Face à la concurrence mondiale croissante, les Emirats arabes unis (EAU) ont pu constater le retard enregistré dans le domaine maritime dans les points stratégiques traditionnels au début du 21ème siècle. Pour autant, le pays détient une position importante sur la scène internationale en ce qui concerne le transport maritime. Grâce à la DP World, instrument diplomatique émirati, le lancement d’initiatives permettant au pays de regagner une place et une implantation dans différents p ...
  • September 14, 2021
    The major announcement of December 21, 2019, of the shift from the CFA franc to the Eco led to major changes in the monetary landscape and institutional setting of the West African states. This paper analyzes the benefits and challenges for economic and monetary cooperation in West Africa of this new development. While this new initiative has many advantages, establishing a new currency at the West African region, as a whole faces unresolved issues that may compromise its success. T ...
  • Authors
    Pauline Weil
    September 14, 2021
    Concerns are real, but the country fares as well as peers at similar levels of development China holds a paradox: Western policy-makers and many firms decry discriminatory business practices — concerns that have culminated in a trade war between the US and China — yet foreign direct investment (FDI) in China continues to thrive. In the first quarter of this year, FDI into China soared by 40% compared to the same period a year prior and, as reported by Unctad, the country overtook t ...
  • September 10, 2021
    The COVID-19 pandemic caused a shock to both demand and supply, leading to the biggest collapse in world output since the Great Depression. Since late 2020, a more rapid than expected recovery has been observed. Five questions arise frequently. Here is my take on those questions. 1- Is the pandemic receding? No, but we have a vaccine to control it, and are better at managing it with selective measures, as distinct from total lockdowns, which kill the economy. The global number of ...
  • September 10, 2021
    Le bilan des relations Europe/Méditerranée et Europe/Afrique invite aujourd’hui à un renouveau de ces partenariats. Un renouveau car il y a retrait partiel de l’Europe en ce qui concerne les questions de développement du voisinage Méditerranée-Afrique dans un temps où les partenariats actuels [de Barcelone et celui de Cotonou] s’emboitent dans la logique du commerce (libre-échange) et de l’aide financière. Le renouveau du partenariat Euro-méditerranée-Afrique devrait s’inscrire dans ...
  • Authors
    September 8, 2021
    We explore whether improved export sophistication increases women’s participation in wage employment. Using panel data from a large group of developing and emerging economies, and Fixed-effects and Generalized Method of Moments (GMM) estimators, we find that export sophistication has significant and mostly positive effects on women’s participation in paid employment in all regions, but these effects are nonlinear, since they become positive only after a threshold level of sophistica ...
  • September 6, 2021
    L’Union européenne (UE) a annoncé le 14 juillet une proposition de taxe carbone à ses frontières, qui devrait renchérir les importations de produits fortement émetteurs (acier, aluminium, ciment, électricité et engrais). Cette même taxe est déjà appliquée au sein de l’UE, qui veut désormais l’imposer aux fabricants étrangers. En soi, le projet part d’une bonne intention. Il n’est pas motivé par le protectionnisme, mais par des préoccupations climatiques on ne peut plus justiíées. S ...