Tag: emerging markets

This week’s Economist has a striking update on the historically breakneck shift in the global balance of economic power towards the ‘emerging economies’. It uses the IMF’s pre-1997 categories of developed and developing (now rebranded ‘emerging’) to avoid the confusion caused by the upgrading of countries to developed status as they get richer. “The combined […]

Here are two illuminating graphics from the Financial Times and Economist. First up is a figure from Martin Wolf’s latest column in the FT, itself based on a new paper by Carmen Reinhart and Kenneth Rogoff, showing the proportion of the world economy affected by banking crises, from 1900-2008. Its main features are a spike around […]