About Helmut ReisenHelmut Reisen runs an economics consultancy based in Berlin, Germany. (www.shiftingwealth.com). He is the former head of research at the OECD Development Centre in Paris, is adjunct professor at Basel University, and non-resident Fellow at the German Development Institute.
By Helmut Reisen. Posted March 14, 2014
Many emerging markets assets submerged in 2013 and continued to do so in early 2014. The negative reaction of currency and stock and bond prices in several emerging markets to a cautious statement (“taper talk”) by US Federal Reserve Chairman Ben Bernanke in May 2013 was swift. In early 2014, new-year recommendations by Wall Street´s biggest banks advised clients to cut their emerging-market allocations, for a diffuse variety of reasons such as elections, violence, lack of reform, and growing debt burdens.
By Helmut Reisen. Posted June 12, 2013
The BRICS countries—Brazil, Russian Federation, India, People’s Republic of China (PRC) and South Africa—have been the recipients of much admiration for their high growth rates, which have helped to increase their share in the world economy and reduce global poverty. However, doubts have grown as to whether the process of income convergence will continue. “Sustainable governance” in the BRICS, or rather the lack thereof, lies at the heart of these doubts. The Sustainable Governance Indicators (SGI) study by the Bertelsmann Foundation, a German think tank, sheds light on the status of sustainable governance among the BRICS countries. The study found that economic and social governance appears sustainable in Brazil and the PRC, India is in the middle, and the Russia Federation and South Africa follow the least sustainable economic and social policies among the five BRICS.
Subscribe / Connect to Asia Pathways
- Agriculture and natural resources
- Capacity development
- Climate change
- Finance sector development
- Governance and public sector management
- Industry and trade
- Information and Communications Technology
- Private sector development
- Regional cooperation and integration
- Social development and protection
- Urban development
- Video Blog
- Overcoming the challenge of energy efficiency financing in Asia
- World competition among cities: City trends and the framing of a livable city
- Exploring the link between climate change and sovereign risk
- COVID-19 reminds us to prioritize “water supply, sanitation, and hygiene” (WASH) to reduce child mortality
- Diversification of solar PV suppliers for sustainable energy during the COVID-19 crisis