Investment in emerging and developing economies: Reversion to trend is not enough
Investment in emerging markets and developing economies (EMDEs) is projected to grow at a lower rate than the past two decades. This is concerning as investment is essential for boosting resilience to climate change, improving social conditions, and supporting long-term economic growth. During the pandemic, investment in EMDEs shrank by 1.5% (8% excluding China), a […]
Developing countries’ debts mount as pandemic and strong dollar hit finances
Developing countries\’ debt rose to a record high of $98tn in the last year, according to the Institute of International Finance. This is due to currency devaluation, the US Federal Reserve\’s aggressive interest rate increases, and the strength of the dollar against most emerging market currencies. Countries like Pakistan and Egypt are at high risk […]