Developing Economies

A man rides a bicycle along an empty road in Aninoasa, 330 km (202 miles) west of Bucharest July 31, 2013. If joining the European Union was supposed to lift Romania out of poverty, in Aninoasa, a town of 4,800 people in the mountainous Jiu Valley region, it has yet to work. Six years after Romania's accession to the EU, not only is Aninoasa still poor - it has also become the first town in Romania to file for insolvency. Picture taken July 31, 2013. REUTERS/Bogdan Cristel (ROMANIA - Tags: SOCIETY BUSINESS EMPLOYMENT POVERTY) ATTENTION EDITORS: PICTURE 21 OF 23 FOR PACKAGE 'ROMANIA'S BANKRUPT TOWN'. SEARCH 'ANINOASA' FOR ALL IMAGES - GM1E98V1AG501

Romania: Thriving cities, rural poverty, and a trust deficit

Donato De Rosa and Yeon Soo Kim

Tuesday, June 5, 2018

Industry 4.0 in Africa: Helping or hindering?

10:00 AM - 11:30 AM EDT

A man hawks his goods at a motor park in the Obalende district of Lagos October 9, 2013. With between 15 million and 21 million people - the upper estimate is the official one, though no one really knows - and generating a third of GDP for Africa's second biggest economy, Lagos has become almost as alluring to yield-hungry investors as it is to the 4,000 or so economic migrants who turn up each day. But it faces a daily challenge just trying to keep up with the pace of population growth, much of it on the edge of water. Nigeria, already pushing 170 million people, will be home to 400 million by 2050, making it the world's fourth most populous country, according to the global Population Reference Bureau (PRB). Lagos will have roughly doubled in size by then, Fashola and demographers agree. Picture taken October 9, 2013. To match Insight LAGOS-MEGACITY/ REUTERS/Akintunde Akinleye (NIGERIA - Tags: SOCIETY BUSINESS EMPLOYMENT) - GM1E9AN0J5R01

Figures of the week: Informal employment in African cities

Friday, June 1, 2018

Senior Fellow and Brookings India Research Director Shamika Ravi speaks at a panel discussion on the new bankruptcy laws (IBC) reform that seeks to tackle the mountain of Rs 10 trillion of non-performing assets in the banking system.

Shamika Ravi

NDTV

Pedestrians are reflected in a screen displaying stock market data in downtown Tokyo May 7, 2010. Asian stocks were hammered on Friday as mounting fears over Europe's debt crisis sparked a global market rout that sent safe-haven assets soaring and clobbered sterling. REUTERS/Michael Caronna (JAPAN - Tags: EMPLOYMENT BUSINESS) - GM1E65716PD01

Rebalancing a lopsided global economy

Wednesday, May 23, 2018

Egyptians shop at a vegetable market in Cairo, Egypt, October 11, 2017. Picture taken October 11, 2017. REUTERS/Mohamed Abd El Ghany - RC13764F8900

Point de vue prospectif sur l’Afrique: Le revenu minimum universel et les pays pétroliers en Afrique

Shanta Devarajan

Wednesday, May 23, 2018

A general view of the traffic on a crowded road in Cairo October 26, 2010. Smog-ridden Cairo's gridlock shows investment in roads, railways and ports is failing to keep pace with economic growth, menacing public health and threatening economic asphyxiation. Around 12,000 deaths occur every year in Egypt because of road accidents, the highest rate in the world per head of population bar Eritrea and the Cook Islands, according to the World Health Organization's most recent report in 2009. The capital's congested roads come to a standstill daily as infrastructure fails to support population growth of 2 percent a year and as thousands of new cars hit the streets every year. Picture taken October 26, 2010. To match Feature EGYPT-BUSINESS/ REUTERS/Mohamed Abd El-Ghany (EGYPT - Tags: BUSINESS SOCIETY TRANSPORT) - GM1E71R08F001

Egypt’s population: Boom then bust?

Omer Karasapan and Sajjad Shah

Tuesday, May 22, 2018

A general view shows houses surrounded by fields outside the village of Qalaalti, Azerbaijan, June 20, 2016. REUTERS/Maxim Shemetov - D1AETMNKFCAB

Is cotton the answer to Azerbaijan’s oil price woes?

Monday, May 21, 2018

Construction workers direct a crane at the Radisson hotel site in Abidjan, Ivory Coast, September 12, 2015. From Abidjan’s packed airport arrivals hall to the buildings mushrooming across the capital, Ivory Coast is booming, a rare African bright spot as the world’s biggest cocoa producer bounces back from a 2011 civil war. Buyers of luxury apartments include Ivorians living overseas, while promoters from Morocco, Turkey and China are attracted by tax breaks. Elections - the source of national unrest four years ago - are due in a month but there is no let-up in investment given expectations of an easy victory for incumbent Alassane Ouattara. The government predicts 9.6 percent growth this year, making the former French colony the standout performer on a continent hammered by a slump in commodity prices, capital outflows and tumbling currencies. REUTERS/Joe PenneyPICTURE 14 OF 33 FOR WIDER IMAGE STORY "IVORY COAST IS BOOMING". SEARCH "BOOMING PENNEY" FOR ALL IMAGES - GF10000219116

Figures of the week: Private investment trends in sub-Saharan Africa

Thursday, May 17, 2018

"Under-Rewarded Efforts" book cover

Under-Rewarded Efforts: The Elusive Quest for Prosperity in Mexico

By Santiago Levy

2018