In 2016, the Emerging Markets Forum (EMF) published a seminal work The World in 2050: Striving for a more Just, Prosperous and Harmonious Global Community (Oxford University Press). The book provided a long-term economic growth forecast through 2050, suggesting policies and strategies that should be undertaken by political, economic and business leaders to achieve the set…
China’s Belt and Road Initiative (BRI) is a potential gamechanger for the Central Asia and South Caucasus (CASC) region. CASC countries naturally view this massive development program as a unique opportunity to accelerate their economic development through increased foreign investment, upgraded physical infrastructure, and tighter economic relationships with their neighbors. Yet embracing the BRI is…
Africa faces both big opportunities and worrisome threats. The Africa that emerges over the next 40 years—whether it becomes a dynamic continent with a growing influence in the world or an economic backwater that exports its people and capital—depends on what African countries do now. The continent is growing and many socioeconomic indicators are improving,…
An ancient land, Central Asia occupies a geostrategically critical place at the heart of Eurasia, bridging the vast continental space that is Europe and Asia. Central Asia today faces great opportunities as well as daunting challenges. The principal message of this book is that the region has significant potential and a unique opportunity to accelerate…
