Emerging Markets
The Rise of Emerging Asia: Regional Peace and Global Security
This working paper from the Petersen Institute for International Economics explores the implications of the economic rise of India, China and ASEAN nations on regional peace and security.
Nowhere Left to Hide? Stock Market Correlation, Regional Diversification, and the Case for Investing in Africa
This paper examines trends over the past two decades and finds, as expected from global market integration, that regional indices have become increasingly correlated with the S&P 500 index. Sub-Saharan Africa is also part of this trend, but is a notable laggard.
How Resilient Were Emerging Economies to the Global Crisis ?
This paper studies the cross-country incidence of the 2008-2009 global crisis and documents a structural break in the way emerging economies responded to the global shock.
Foreign Direct Investment Under Weak Rule of Law :Theory and Evidence from China
This paper develops a self-enforcing contract model to show that better economic fundamentals can help when there is weak rule of law -- but with order -- to attract foreign direct investment, whereas lowering taxes does not necessarily help.
Emerging Markets, Emerging Models: Market-Based Solutions to the Challenges of Global Poverty
This Report investigates "market-based solutions" as a means to help those residing at the base of the global income pyramid.
Market Movers: Lessons from a Frontier of Innovation
Market Movers tells the stories of a number of firms in emerging economies that have managed to find business value in strategies based on sustainability.

