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BUSINESS

The paradoxes of the Bangladesh miracle

Asia focus, Arvind Subramanian, Published on 28/06/2021

» Ravaged periodically by natural calamities, long dependent on foreign aid and remittances, and a perennial source of refugees and emigrants, Bangladesh was once "a basket case of misery", as Zia Haider Rahman put it in his great debut novel, In the Light of What We Know.

BUSINESS

The next big development challenge

Asia focus, Arvind Subramanian and Josh Felman, Published on 03/02/2020

» We have suddenly arrived at a tricky stage in global economic development. Emerging markets are losing their dynamism, after a remarkable three-decade run during which they caught up rapidly with advanced economies.

BUSINESS

The coming China shock

Asia focus, Arvind Subramanian and Josh Felman, Published on 25/02/2019

» In September 2018, we argued that China's economic and foreign policies were defying the "laws" of economics and geopolitics and warned that the situation could not last. Since then, our assessment has been borne out and our concerns have deepened.

BUSINESS

The end of Chinese exceptionalism?

Asia focus, Arvind Subramanian & Josh Felman, Published on 01/10/2018

» From Argentina to Turkey and from South Africa to Indonesia, emerging markets are once again being roiled by financial turbulence. But let us not lose sight of the biggest and potentially most problematic of them all: China.