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Curated by Project Syndicate

Emerging Market Meltdown

14 commentaries

Fears over China's economic slowdown, together with a looming increase in US interest rates and growing political instability, have sent investors scurrying out of emerging markets. Is this merely a momentary reversal, or have emerging markets become a bad long-term bet?

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  1. The Great Emerging-Market Bubble
    India flood  house submerged Prabhat Kumar Verma/ZumaPress

    The Great Emerging-Market Bubble

    Aug 17, 2015 Bill Emmott identifies weak political institutions as the main culprit behind economic stagnation.

  2. Oil’s New Normal
    Shale crude oil pipeline Paul Edmondson/ZumaPress

    Oil’s New Normal

    Aug 14, 2015 Mohamed A. El-Erian takes stock of an energy market that must adjust to a new swing producer.

  3. Back to Fundamentals in Emerging Markets
    India children slum school Ritesh Shukla/ZumaPress

    Back to Fundamentals in Emerging Markets

    Aug 13, 2015 Dani Rodrik advises investors to distinguish among economies that, for 15 years, were wrongly lumped together.

  4. The Future for Emerging Markets
    bright future Alex Abian/Flickr

    The Future for Emerging Markets

    Jun 30, 2015 Laura Tyson explains why investors should look past recent poor performance in emerging market economies.

  5. Emerging Markets After the Fed Hikes Rates
    Fed chair Janet Yellen Yin Bogu/ZumaPress

    Emerging Markets After the Fed Hikes Rates

    Jun 29, 2015 Nouriel Roubini believes that most countries are resilient enough to withstand US monetary-policy tightening.

  6. Will Fed Tightening Choke Emerging Markets?
    Dollar currency bundle Xinhua/ZumaPress

    Will Fed Tightening Choke Emerging Markets?

    Mar 23, 2015 Jeffrey Frankel shows which countries are most vulnerable to capital-flow reversal when US interest rates rise.

  1. gortiz3_Eyepix GroupGettyImages_sheinbaum_pressconf Eyepix Group/Getty Images

    How Trump’s Return Could Benefit Mexico

    Guillermo Ortiz thinks the country and its new president could benefit from going back to the negotiating table with the US.
  2. singer237_Carl CourtGettyImages_pro_euthanasia_protest_london Carl Court/Getty Images

    Choice in Dying Comes to the UK

    Peter Singer welcomes the approval of a bill that promises to empower terminally ill patients in England and Wales.
  3. bp trump neoliberalism Photo by Saul Martinez for The Washington Post via Getty Images

    Did Neoliberalism Kill American Democracy?

    As US President-elect Donald Trump prepares to make good on his threats to upend American institutions, the pressure is on his opponents to figure out how to defend, and eventually strengthen, US democracy. But first they must understand how the United States reached this point.

  4. patten170_YUICHI YAMAZAKIAFP via Getty Images_japan Yuichi Yamazaki/AFP via Getty Images

    The Sources of Japanese Resilience

    Chris Patten emphasizes the country’s ability to avoid the divisive politics currently plaguing other liberal democracies.
  5. bremmer27_AAREF WATADAFP via Getty Images_syria Aaref Watad/AFP via Getty Images

    The Global Power Vacuum Comes to Syria

    Ian Bremmer explains how external dynamics led to renewed fighting in the country's 13-year-long civil war.
  6. op_moyo5_Wong Yu LiangGetty Images_downarrow Wong Yu Liang/Getty Images

    The Eight Headwinds Threatening Global Growth in 2025

    Dambisa Moyo highlights the major trends which, if left unchecked, could usher in a period of prolonged stagnation.
  7. ahuq6_JUNG YEON-JEAFP via Getty Images_southkoreaprotest Jung Yeon-je/AFP via Getty Images

    South Korea’s Impeachment Battle Is Democracy in Action

    Aziz Huq

    Following South Korean President Yoon Suk-yeol’s groundless declaration of martial law, legislators are pursuing his impeachment. If they succeed, they will have offered a valuable example of how democracies should deal with those who abuse the powers of their office.

    thinks the effort to remove a lawless president can serve as an important signal to the rest of the world.
  8. wei67_Cheng XinGettyImages_shenzhen_sock_exchange Cheng Xin/Getty Images

    A Fiscally Low-Cost Solution to China’s Economic Challenges

    Shang-Jin Wei outlines steps that policymakers can take to foster sustainable growth without increasing government debt.
  9. drochon13_Attila KisbenedekGettyImages_vonderleyen_meloni Attila Kisbenedek/Getty Images

    Can Von Der Leyen Build an Inclusive Center?

    Hugo Drochon considers how the European Commission president can keep the far right at bay during her second mandate.

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