Our selection of emerging markets-focused commentary on markets, economics and international policy, updated throughout the week
The East African ride to Middle Income - Africa Can End Poverty (World Bank blogs)
Global Monetary Relief From Asia - Economonitor
China: investing too little? - Beyond Brics
The Inter-American Development Bank has calculated that the region could enjoy a growth dividend of 2.3 percentage points a year if it closes its gap in total factor productivity with Asia
Policymakers in Latin America have been braced for tighter US monetary policy for a couple of years, which has allowed them to cope with the impact of higher borrowing costs. One fly in the ointment for corporate borrowers could be a rise in the dollar against EM currencies.
Trinidad and Tobago plans to achieve its target to balance its budget next year by cutting current spending rather than racking debt on the capital markets despite enthusiasm from investors for its paper.
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
Something needs to be done to improve lending in the country. That’s what competition should do… We’re so far from where we should be in terms of credit-to-GDP
Jesse Ang, International Finance Corp
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