| Desmond Lachman for the AEI
An Article by Desmond Lachman for the American Enterprise Institute.
Jamaica is getting back on track and could become an unlikely poster child for the IMF. However, elsewhere in the Caribbean the threat of default looms and some countries are not ready to ask for help
A public call by Bank of England governor Mark Carney that the vast majority of oil reserves should be considered “unburnable” if the world wants to avoid catastrophic climate change makes him stand out among mainstream figures.
It is 13 years since the IMF called for an international agreement on how to wind up defaulted sovereign debt. Still there is no mechanism, and regrettably the vulture funds pursuing Argentina still seem to hold sway in the US. It's time for change
Africa has been on the cusp of mainstream capital markets for years. While the continent made a breakthrough in the variety of issuance it produced in 2012-13, 2014 looks like it will be the year when African borrowers finally become established
Falling commodity prices have hurt Mongolia’s economy, which relies heavily on its abundant natural resources. Improving relations with China are helping it through the squeeze but the country has yet to show its true potential to global investors
Women's participation in the labour force still lags men's by 12% even in developed economies. In the MENA region it can be up to 50%. That is a wasted resource - and best practice examples show countries and companies that tackle the problem outperform
There is still pessimism in the business community but I feel the central bank and finance ministry are trying to get closer to the private sector in order to lift confidence
Paulina Yazigi Salamanca, Credicorp
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