Renaissance West and Est, A Forecast of Two Emerging Countries, Turkey and Indonesia

2020 ◽  
Author(s):  
Dwi Bhakti ◽  
Taufan Maulamin
Keyword(s):  
2019 ◽  
Vol 34 ◽  
Author(s):  
Gladys Teresita Lechini ◽  
José Marcelino Fernández Alonso

The assumption of the Group of 20 (G20) rotating presidency in December 2017 has created a meaningful window of opportunity for Argentina in order to wield its influence on the international agenda and build its reputation within the global arena. In addition, the Argentinean G20 presidency has become a significant chance to project a Southern and/or developing perspective within this global forum established to debate and address the most pressing economic and political international challenges. This article aims to analyse the agenda and challenges of the Argentinean G20 presidency. In so doing, it attempts to shed light on the following questions: What mechanisms or means will the Argentine Republic deploy in order to exert its influence on the group? Will Argentina represent the voice of Latin American and emerging countries or will it have an acquiescent behaviour towards the central powers? Will the Argentinean presidency be able to ease the group’s internal tensions? Finally, might the Argentinean presidency overcome the critics regarding the G20’s legitimacy?


2020 ◽  
Vol 14 (1) ◽  
pp. 7
Author(s):  
Bolortuya Enkhtaivan ◽  
Jorge Brusa ◽  
Zagdbazar Davaadorj

Immigration is a controversial topic that draws much debate. From a human sustainability perspective, immigration is disadvantageous for home countries causing brain drains. Ample evidence suggests the developed host countries benefit from immigration in terms of diversification, culture, learning, and brain gains, yet less is understood for emerging countries. The purpose of this paper is to examine the presence of brain gains due to immigration for emerging countries, and explore any gaps as compared to developed countries. Using global data from 88 host and 109 home countries over the period from 1995 to 2015, we find significant brain gains due to immigration for emerging countries. However, our results show that there is still a significant brain gain gap between emerging and developed countries. A brain gain to the developed host countries is about 5.5 times greater than that of the emerging countries. The results hold after addressing endogeneity, self-selection, and large sample biases. Furthermore, brain gain is heterogenous by immigrant types. Skilled or creative immigrants tend to benefit the host countries about three times greater than the other immigrants. In addition, the Top 10 destination countries seem to attract the most creative people, thus harvest the most out of the talented immigrants. In contrast, we find countries of origin other than the Top 10 seem to send these creative people to the rest of the world.


Author(s):  
Rebeca Jiménez-Rodríguez ◽  
Amalia Morales-Zumaquero

AbstractThis paper analyses the commodity price pass-through along the pricing chain for the global commodity price index and the indices of its main categories (i.e., agricultural raw materials, food and beverages, energy and metals) in the world, advanced and emerging economies. To do so, the study considers country-by-country vector autoregression models and pool the results by taking weighted means for 18 advanced economies and 19 emerging countries, as well as for the world (defined as the sum of advanced and emerging economies). The results show the following: (i) there is evidence in favour of partial pass-through from commodity prices to producer prices, although the evidence for the pass-through to consumer prices is less evident; (ii) the pass-through in the world seems to be led by both advanced and emerging countries for producer prices and only by advanced economies for consumer prices; (iii) higher prices in the four categories (agricultural raw materials only in the short-run) induce significant higher producer prices in almost all cases, with shocks in the prices of energy and metals showing the largest effects; and (iv) energy prices explain the highest variability of producer and consumer prices.


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