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World Bank predicts sharp economic downturn, hitting developing countries hardest

Jan 12, 2023
The projected slump would put the global economy on a razor’s edge, World Bank researchers say.
A vendor sells cereals in Nairobi, Kenya. A recent World Bank report says that a global recession could hit emerging economies especially hard.
Simon Maina/AFP via Getty Images

The new coronavirus could dampen emerging markets

Mar 9, 2020
But some developing countries might see a silver lining.
Stefan Heunis/AFP via Getty Images

China and the emerging markets no longer key engine of global growth

Oct 19, 2018
What goes up must come down. In the case of the Chinese economy, what grows like an economic weed inevitably starts to slow down. Today we learned China grew by a mere 6.5 percent the latest quarter. The country’s lowest growth since the Great Recession. You might be tempted to blame that on China’s current […]

China and the emerging markets no longer key engine of global growth

Oct 19, 2018
What goes up must come down. In the case of the Chinese economy, what grows like an economic weed inevitably starts to slow down. Today we learned China grew by a mere 6.5 percent the latest quarter. The country’s lowest growth since the Great Recession. You might be tempted to blame that on China’s current […]

Road to recovery may be long for some emerging markets

Sep 5, 2018
The value of emerging market currencies keeps tumbling. Argentina’s peso has lost half its value against the dollar this year. Same with the lira in Turkey. Investors are souring on Brazil. India. South Africa. Mexico. Indonesia. Some of these countries have been through currency and financial crises before. And each case is different. But sometimes […]

Argentina – another emerging market economy feels the heat

Aug 30, 2018
What kind of shape is South America's second-largest economy in?
Currency exchange values are displayed in the buy-sell board of a bureau de exchange in Buenos Aires, on August 29, 2018. - Argentina's President Mauricio Macri said Wednesday that the International Monetary Fund has agreed to accelerate funding in support of his government's austerity program. The development came amid heightened volatility in the South American country's financial and currency markets, which have been battered by uncertainty over inflation, an economic downturn and budget deficits.
EITAN ABRAMOVICH/AFP/Getty Images

How can we tell if a recession is upon us?

Feb 9, 2016
New York Times senior economics correspondent Neil Irwin talks about the signs of a recession

For public good, not for profit.

How capital controls work and sometimes don't

Jan 22, 2016
Emerging economies are trying to keep currency at home with new regulations.

Nike earnings: Wall Street and Sneakerheads weigh in

Dec 18, 2014
The street vs. Wall Street on Nike