Developing economies

The enduring enigma of economic growth

Engineers working on a rocket engine in Zhejiang. The expected global job deficit in 10 to 15 years' time is not just a development issue, but also an economic and national security challenge, says the writer.
THE BOTTOM LINE

How to create jobs for the world’s 1.2 billion new workers

India has long argued that industrialised nations should carry a greater decarbonisation burden.

Rich nations must hit net zero and pay up on climate, India says

At the Brics meeting this week in Brazil, leaders jointly condemned the "indiscriminate rising of tariffs", in a swipe at US President Donald Trump’s trade policy.
THE BOTTOM LINE

The developing world’s G7 would like a word

The opening session of the 11th Brics Parliamentary Forum in Brasilia, Brazil, on Jun 4. The bloc's leaders are preparing to meet for a two-day summit in Brazil on Jul 6.

Bigger Brics club faces challenges amid opportunities

Over three billion people currently live in countries that spend more on debt payments than on essential services such as health or education.
THE BROAD VIEW

Developing countries need a new approach to long-term financing 

The global economy faces further challenges from trade policy shifts and geopolitical tensions, World Bank says.

World Bank warns of challenges ahead for developing economies

Analysts predict Beijing could announce as much as 2 trillion yuan (S$369.4 billion) in new fiscal support on Saturday.

Emerging-market assets pare losses with Beijing plan in focus

Argentina’s debt restructuring tests the theoretical limits of chaos theory.
INSIGHTS FROM CFA SOCIETY SINGAPORE

Book review: Avoiding the mistakes in Argentina’s US$100 billion debt restructuring

“Perhaps the biggest takeaway from the report is its reaffirmation of trade’s transformative role in reducing poverty and creating shared prosperity,” WTO director-general Ngozi Okonjo-Iweala said.

WTO says trade alone won’t bridge gap between economies