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Tag Archives: Emerging Markets

Kuwait’s Frustrating Socio-Economic Transformation

Why Kuwait's public and lawmakers don’t buy into economic reforms yet Kuwait’s Frustrating Socio-Economic Transformation Dr. Leif Rosenberger Chief Economist, ACERTAS Introduction: At first glance, Kuwait appears to be a role model for other countries in the world. Kuwait is the most democratic Arab country in the Middle East. Kuwait mediates conflicts in this troubled region. And since World War 2, oil wealth has made Kuwait one of the world’s richest countries. Kuwait has 6% of the world's...

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Turning Promises into Reality

The Business Case for Gender Equality in Achieving the SDGs By Paula Tavares and Otaviano Canuto ­ As world leaders gathered this month for high-level talks at the 74th United Nations General Assembly, pressing global issues were at the forefront of discussions, including progress toward the 2030 Agenda and the Sustainable Development Goals (SDGs). While taking stock of how far we have come in realizing commitments in key areas, including to end poverty and hunger, expand access to health,...

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How Syria’s Gross Mismanagement of Water is Critical Factor Leading to Civil War

Drought, food insecurity, migration, social unrest and Assad's indifference fuel conflict Dr. Leif Rosenberger, Chief Economist, ACERTAS Introduction On 14 March 2011 international security analysts were predicting that Syria was stable and immune from Arab Spring. [1] The next day the Syrian civil war erupted and has been going strong ever since then. What went wrong? What did the “realists” miss? [2] In thinking about the Syrian civil war and whether it could have been avoided, many...

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Oman’s Make or Break Economic Transition

Oman's turbulent journey on oil and post-oil tracks in a cash crunch. Oman’s Make or Break Economic Transition Dr. Leif Rosenberger, Chief Economist, ACERTAS Introduction The Sultan of Oman thought he had a problem back in 2011 when Arab Spring swept across his country. [1] Unemployment – especially among the youth – was acute and Oman had the lowest per capita GDP in the GCC. The Sultan was understandably fearful that social unrest could threaten his monarchy unless his government did...

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Natural Wealth and Economic Growth: The Case of Sub-Saharan Africa

This note approaches the relationship between natural wealth and economic growth, using Sub-Sahara Africa as an example ​ By **Otaviano Canuto and Christos Daoulas** This note approaches the relationship between natural wealth and economic growth, using the case of Sub-Sahara African economies as an illustration. Delving into recent World Bank reports, it highlights how a sustained positive correlation between natural capital and GDP growth...

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Middle Income Countries and Multilateral Banks – Traps on the Way to Graduation

Due to “middle-income traps”, progression to graduation has been limited to a small number of Middle Income Countries **By Otaviano Canuto, Matheus Cavallari and Tiago Ribeiro dos Santos** [**[1]**](https://moneymaven.io/economonitor/emerging-markets/_newStory#_ftn1) Otaviano Canuto, Matheus Cavallari, and Tiago Ribeiro dos Santos Forthcoming as a Policy Paper at the Policy Center for the New South Multilateral Development Banks (MDBs) have two financing windows,...

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Traps on the Road to High Income

This note outlines two different ways in which the concept of middle-income trap has been approached The “middle-income trap” has become a broad designation trying to capture the many cases of developing countries that succeeded in evolving from low- to middle-levels of per capita income, but then appeared to stall, losing momentum along the route toward the higher income levels of advanced economies.[1] Such a trap may well characterize the experience of most of Latin America since the...

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