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This article is published in association with IMF. Kanan Mammadov Emerging economies are bracing for what could become a new sovereign debt crisis. Developing countries are set to pay a record $400 billion in external debt service in 2024 (World Economic Forum), a burden that threatens to divert resources from crucial development needs. From 2020 to 2023, there were 15 […]
This article is published in association with IMF. Unlike past episodes, emerging market capital flows have remained largely resilient in the face of global monetary tightening, even as global capital flows have fallen Cian Allen, Rudolfs Bems July 12, 2024 Interest rates in the United States are at 20-year highs and the dollar has appreciated sharply against […]
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Varad Pande, Partner and Director, Climate & Sustainability, Boston Consulting Group (BCG), Dave Sivaprasad, Managing Director & Partner, Boston Consulting Group (BCG), Nurlin Salleh, Managing Director & Partner, Boston Consulting Group (BCG), Daniel Tan, Senior Associate , Boston […]
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Alejo Czerwonko, Chief Investment Officer Emerging Markets Americas, UBS AG Generative AI tools like ChatGPT offer great potential for emerging markets, including raising living standards and shortening their path towards achieving sustainable development.Not only can they lower barriers […]
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Smriti Kirubanandan, Global Director & Head, Strategic Marketing Healthcare and Lifesciences, Tata Consultancy Services As the world continues to advance technologically, the emergence of new technologies brings great promise and opportunity for humanity. But, while these technologies offer […]
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Barry O’Byrne, Chief Executive Officer, Global Commercial Banking, HSBC Businesses everywhere are facing a combination of domestic recessions, rising interest rates, high inflation and geopolitical uncertainty. Rarely do so many volatile business conditions descend at once on the world. […]
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Milagros Rivas Saiz, Chief of Advisory Services, Interamerican Development Bank Group, Ayla Majid, Founder and Chief Executive Officer, Planetive & Michael Hayes, Global Head, Renewables, KPMG Emerging markets need $1 trillion a year to transition to net-zero. Clean-energy […]
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Charlotte Edmond, Senior Writer, Formative Content Standard Chartered estimates emerging economies need around $94.8 trillion of investment to allow them to meet net-zero targets while continuing to grow and prosper. If developing markets bear this cost alone, the […]
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Valentin de Miguel, Senior Managing Director for Strategy & Consulting Lead for Growth Markets, Accenture Countries are starting from different baselines and in different conditions on their energy transition journeys. The World Economic Forum’s System Value framework can […]
This article is brought to you thanks to the strategic cooperation of The European Sting with the World Economic Forum. Author: Shuaihua ChengManaging Director, ICTSD China, International Centre for Trade and Sustainable Development (ICTSD) In recent decades, the forces that have driven growth in emerging economies have been well documented. Less studied, however, is the contribution made by […]
Volkswagen, the giant German automaker, has pleaded guilty to criminal charges in a Detroit federal court last Friday to conspiracy to defraud the U.S., commit wire fraud, and violate the Clean Air Act, obstruction of justice and import violations. However, VW still denies compensating European car owners arguing that a ‘technical fix’ can make cars […]
It is the first day of the most important economic forum in the world and economy and financial markets are as every year in the foreground. The session called “Preventing Future Shocks” finished a couple of hours ago in the Sanada room in Davos with Maria Bartiromo, anchor and Global Markets Editor of Fox Business Network, […]
