Courtesy of The Economist, a look at Jordan’s fragile economy: PERCHED on a hill beneath a ruined Crusader castle, Karak feels a world away from Amman, Jordan’s crowded and expensive capital. The sleepy city is surrounded by lush farms and sits astride the tourist trail, both of which should provide jobs. Yet it has been […]
Read more »Via The Wall Street Journal (subscription required), an interesting report on strong private equity investor interest in Vietnam: Global private-equity firms and sovereign wealth funds are pouring record sums of money into Vietnam, fueled by a loosening of ownership restrictions in the communist nation’s largest companies and accelerating economic growth. At least $3 billion worth […]
Read more »Courtesy of Barron’s, an interesting look at the Next 11: On a recent holiday in Vietnam, Cambodia, and Laos, I couldn’t resist thinking about these countries’ economic potential and ongoing policy challenges. After all, in 2005 my Goldman Sachs colleagues and I had listed Vietnam as one of the Next Eleven, or N-11, all countries […]
Read more »Via The Diplomat, a report that Uzbekistan is Uzbekistan has reportedly agreed to participate in the massive Turkmenistan-Afghanistan-Pakistan-India (TAPI) pipeline. The news comes as Turkmen President Gurbanguly Berdimuhamedov paid a visit to Tashkent on Monday. As the visit began, RFE/RL reported that sources had indicated TAPI was on the agenda, followed by Reutersreporting that Uzbek President Shavkat Mirziyoyev […]
Read more »Via The Diplomat, a look at Bangladesh’s economic growth: The United Nations Committee for Development Policy announced in March that Bangladesh had successfully met the criteria to graduate from a “least developed country” (LDC) to a “developing country” (DC). That sounds like a lot of bureaucratese. But it isn’t. The UN’s low-key proclamation has led […]
Read more »Via The Economist, an interesting article on the business of beer in the DRC: THE Bralima brewery in Kinshasa, the capital of the Democratic Republic of Congo (DRC), is an island of modernity in a city where chaos is the norm. Inside a building near the docks where barges begin the journey up the Congo river, […]
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