Macroeconomy & Globalization

A big question mark is pending on how long the US shale production will remain profitable with declining oil prices.

Sovereign Debt | Capital Markets
Governments in Africa issued a record amount of debt in international markets in 2014, taking advantage of strong investor demand and low borrowing costs ahead of the Federal Reserve’s expected rate increases this year.

India | Newsmakers
Arun Jaitley, a corporate lawyer by training, has emerged as the rising star of the ruling Bharatiya Janata Party and chief troubleshooter in the new government, headed by prime minister Narendra Modi.

When we chose oil as the subject of this month’s cover story, we had no idea how fast and dramatic the drop in oil prices would be...

Poland | Country Report
Although still outperforming most of its neighbors, Poland needs to reinvent itself if it wishes to sustain long-term growth.

Nigeria | Milestones
Nigerians go to the polls next month with some trepidation...

2015 Rankings are based on the GDP (PPP) of a country, which compares the generalized differences in the cost of living and standards between countries.

2015 Rankings are based on the GDP (PPP) of a country, which compares the generalized differences in the cost of living and standards between countries.

Latin America | Emerging Markets Regional Review
After years of strong growth, many key markets in Latin America are faltering. Although overall the region is no longer producing the high growth it once did, a number of markets continue to rise to new heights.

Romania | Newsmakers
Iohannis defeated prime minister and Social Democrat leader Victor Ponta, taking 54.5% of the vote against 45.5%. So who is Iohannis?

Venezuela | Milestones
Venezuela, home to the world’s largest oil reserves at 298 billion barrels, is having a tough time getting the stuff out of the ground.

Japan | Newsmakers
Just weeks after Haruhiko Kuroda, governor of the Bank of Japan, surprised the world with a bold plan to inflate Japanese assets and weaken the Japanese yen by buying 80 trillion yen ($680 billion) in Japanese bonds, exchange-traded funds and real estate investment trusts, prime minister Shinzō Abe upstaged him by calling a snap election for mid-December, two years ahead of schedule.

Vatican | Newsmakers
René Brülhart, known as the “James Bond of the financial world” for his high-profile role in cases such as the return of assets from Saddam Hussein to post-war Iraq and the uncovering of the Siemens bribery scandal, has become chairman of the Vatican’s anti-money-laundering unit.

 

Seeking A New Paradigm | Emerging Markets Growth
To ascertain whether emerging markets is an obsolete term, we must first understand what it means.

Middle East | Emerging Markets Regional Review
The drop in oil prices is likely to affect public spending in the rentier states of the Persian Gulf, and pressure is mounting on governments to reduce economic dependency on hydrocarbons.
 

India | Capital Markets
The rupee realizes international ambitions. The International Finance Corporation (IFC) sold its first rupee-denominated bonds in London in November to attract international investment in India’s infrastructure.

Asia-Pacific | Emerging Markets Regional Review
Structural changes in emerging Asia’s manufacturing-for-export markets are erasing the low-cost advantage.

Pakistan | Frontier Markets Focus
Pakistan’s ability to attract both foreign direct and domestic investment fell dramatically during the past decade. Some of the reasons why still apply.   

For many years Global Finance has regularly covered emerging markets and frontier markets. This annual issue of the magazine, which is focused on the EM, goes a bit further. We analyze these markets regionally, but we also question the prevalent definition of emerging markets.

Qatar | Country Report
Qatar shows no signs of slowing its internal and external investment. The IMF says Qatar’s real GDP growth should average 6% to 7% in the medium term, supported by public investments, and will likely remain the fastest-growing in the region