Emerging Markets Outlook Blog

Analysis and comment on economic and political events affecting the business environment in emerging and frontier markets

Cecil the Lion and Zimbabwe’s Tragedy

The killing of Cecil the Lion was a senseless act, but far worse are the murders, political oppression, hunger, and economic devastation inflicted by Robert Mugabe’s government on the people of Zimbabwe

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Hold the 2022 Winter Olympics in Kazakhstan

Neither Beijing nor Almaty is an ideal place to hold the 2022 Olympics, but Almaty is by far the better choice

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The Real European Question: Greece, the Euro, and a More Perfect Union

The real question in the Greek debt crisis is not whether Greece will leave the Euro but whether, and how, the European Union can survive

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Prince Al Waleed and Donald Trump: Peas in a Pod?

Donald Trump and Prince Al Waleed bin Talal: two billionaires obsessed with proving their net worth and suing those who question their figures

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19 Jun

Pope Francis, Climate Change, Science and Technology

Pope Francis may be the most widely admired pope in recent times, especially among non-Catholics, but his encyclical “On Care for Our Common Home” contains language and ideas that should give pause to rationalists of every political and religious persuasion.

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Can Kazakhstan Escape the Middle-Income Trap?

Since the break-up of the Soviet Union Kazakhstan has done far better economically than most of the other former Soviet republics, with per capita GDP rising from a little over $1,200 to nearly $14,000. But reaching its stated goal of becoming one of the world’s 30 richest countries by 2050 is far from assured.

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North Korea: Not Quite Ready for Prime Time

I was recently in Pyongyang, at the invitation of the Korean Association for Economic Development, to participate in a two-day conference on special economic zones, co-sponsored by the University of British Columbia. It was one of the most surreal experiences of my life, which I am still trying to process.

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Are the North Koreans ready for change?

In The Manzella Report’s “Insider Experts” series, John Manzella interviews Chip Krakoff about his recent trip to North Korea and what he found.

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Are the Chinese doing damage in Africa?

In The Manzella Report’s “Insider Experts” video series, John Manzella interviews Chip Krakoff who has worked in 30 African countries and knows a thing or two about the continent.

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The Entrepreneurial State, or, You Didn’t Build That

President Obama received a lot of outraged criticism from the right during the 2012 campaign for his remark, “You didn’t build that.” What he meant, though he uncharacteristically said it in a fairly clumsy way, was that for every proudly self-made entrepreneur there is a huge web of supporting institutions and infrastructure built by the government.

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