Category Archives: Emerging Markets

Africa: 800 Million Jobs Needed

African economies are in a race to get ahead of the demographic boom. Let us share without fear the journey of migrants and refugees. #ShareJourney — Pope Francis (@Pontifex) September 27, 2017 “Let us share without fear the journey of … Continue reading

Posted in Africa, BRIC countries, China, Corruption, Cronyism, Demographic Dividend, Demography, Dependency Ratio, Economy, Emerging Markets, Europe, European Union, Family Planning, Immigration, Infrastructure, Society | Leave a comment

A Different Kind of Border Wall

To slow mass migration, stop the illicit capital flight from poor to rich countries. An asset manager called ____ Capital recently sent out this email seeking referrals: The US Investor visa program allows one to invest $500,000 U.S. in a … Continue reading

Posted in Africa, Asia, Corruption, Cronyism, Demography, Economy, Emerging Markets, Europe, Hedge Funds, Immigration, Luxury Goods, Manhattan, Real Estate, Society, US Economy | Leave a comment

Capitalism Did Not Win the Cold War

This article first appeared at Foreign Affairs. Why cronyism was the real victor. When the Soviet Union collapsed 26 years ago, it was generally agreed that the West had won the Cold War. This was affirmed by the prosperity and … Continue reading

Posted in Africa, Brazil, BRIC countries, Communism, Corruption, Cronyism, Economy, Emerging Markets, Foreign Affairs, Hedge Funds, New York, Offshore, Oil, Real Estate, Russia, Society, United States, US Economy | Leave a comment

New Infrastructure in Sub-Saharan Africa

This post will be continuously updated as we learn about new projects. Go to the bottom of the page for new entries. On the three main vectors of wealth creation, African countries have lagged other developing nations for several decades. … Continue reading

Posted in Africa, Demographic Dividend, Demography, Dependency Ratio, Economy, Emerging Markets, Infrastructure, Innovation, Society, Sub-Saharan, World Bank | Leave a comment

The Futility of Annual Top 10 Predictions

In every recent year, a black swan event has made top 10 lists appear quaintly naive and unimaginative. Our list is probably no better. This time of year, top 10 predictions are all the rage. These lists can be interesting and entertaining but how useful are … Continue reading

Posted in China, Economy, Emerging Markets, India, Iran, Oil, Russia, Saudi Arabia, Society, Terrorism, United States | Leave a comment

India’s Disruptive Gamble

by Ravi Srinivasan (Ravi discussed this post at the BreakingBank$ podcast. His segment starts at 20:10.) Modi’s demonetization was the other November 8th global earthquake. A thorough historical record will show that not one but two man-made events shook the world on … Continue reading

Posted in Corruption, Economy, Emerging Markets, Guest Post, India, Innovation, Podcast, Society, Taxation, Technology | Leave a comment

The Bridge from Laissez-Faire to Socialism

Cronyism remains unchecked in the world’s largest economy. We might object to the phrase crony capitalism for two reasons: First, because cronyism is in some ways the antithesis of capitalism. The freedom to compete and the freedom to fail that are central tenets of capitalism … Continue reading

Posted in 2016 Candidates, BRIC countries, Communism, Corruption, Cronyism, Economy, Emerging Markets, Society, United States, Wall Street | Leave a comment

Talking about populyst and the populyst Index

Aaron M. Renn, a senior fellow at the Manhattan Institute and a contributing editor at City Journal, invited founder Sami J. Karam to discuss populyst and the populyst index. Topics include the economies of America and China, Europe’s demographic stagnation and Africa’s population … Continue reading

Posted in Africa, BRIC countries, China, Demography, Dependency Ratio, Economy, Emerging Markets, Europe, Germany, India, Innovation, Japan, Podcast, Society, Sub-Saharan, United States | Leave a comment

A Rough Estimate of GDP Growth in Africa and Asia

It is morally right that every child should be given the best chance to survive, eat well, stay healthy, and receive an education. Now we also know that it is among the best investments we can make. Healthy, well-educated kids … Continue reading

Posted in Africa, BRIC countries, Demography, Economy, Education, Emerging Markets, Infrastructure, Kenya, Society, Sub-Saharan | 1 Comment

MENA Economies: Trouble Ahead

The economies of the Middle East and North Africa (MENA) are ill prepared for the coming population boom. War, terrorism, repression and poverty are all common features in much of today’s Middle East and North Africa (MENA). How are the region’s demographics changing in … Continue reading

Posted in Africa, Demography, Dependency Ratio, Economy, Emerging Markets, Iran, Iraq, Levant, MENA, Middle East, Saudi Arabia, Turkey, United Arab Emirates