Keynote Address: What Will It Take for India to Become an Advanced Economy?

On July 15, Turkey’s tumultuous 2016 took a shocking twist as elements within the country’s military attempted a coup against the government of President Recep Tayyip Erdogan. The putsch rapidly snapped at the seams, and a night that began with soldiers blocking bridges yielded a morning with those same soldiers flogged by civilians in the street. In the days following the attempt, Erdogan declared a three-month state of emergency and began purges of depth and breadth that extended ...

Following the adoption of the Sustainable Development Goals in 2015, we published part 1 of this policy series, presenting a comprehensive analytical and predictive model explaining the key factors leading to failure or success of DRM strategies in Africa. In part 2, we provide concrete illustrations of actionable solutions in order to help policy leaders implement DRM successfully for effective delivery of the SDGs. ...

Emerging market economies (EM) as a special class of financial assets have recently been subject to two competing tales. On the one hand, there is evidence of continued financial deepening and further integration within the global financial system, while the offer of higher yields remains hard to find elsewhere. On the other hand, there are frequent bouts of fear of systemic unwinding of positions triggered by investors “exiting” EM that exhibit signs of weak or unclear macroeconomi ...