Egypt’s economic undercurrents
The mass uprising consuming Egypt shows a country on the sidelines of the economic development that has been sweeping the world from Brazil to China to Vietnam.
The mass uprising consuming Egypt shows a country on the sidelines of the economic development that has been sweeping the world from Brazil to China to Vietnam.
Over the past decade, emerging markets that have liberalized are far more open to foreign banks in their markets than are developed economies. A Gateway House study of financial services in 11 countries: four BRIC countries, one emerging market, four developed economies and two developing markets.
The world’s leading international institutions may be outmoded, but Brazil, China, India, and South Africa are not ready to join the helm. Their shaky commitment to democracy, human rights, nuclear nonproliferation, and environmental protection would only weaken the international system’s core values.