All the Way to the Top: Industrial Policy, Innovation, and Sustained Growth

November 13, 2019/IMFBlog By Reda Cherif and Fuad Hasanov The odds of poor or middle-income countries achieving the stardom of the “Asian Miracles” within a generation or two, or even three, are small. Between 1960 and 2014, only 16 developing economies worldwide were able to vault into high-income status, and […]

The One Factor Driving Today’s Oil Markets

November 12, 2019/OilPrice.com Chart Of The Week –    Natural gas inventories have surged this year, rising from a low point of 1,155 billion cubic feet (Bcf) in April to 3,724 Bcf at the end of October.  –    Natural gas stocks are now 37 Bcf above the five-year average.  –    The […]

How to Unlock Africa’s $3Tn Free Trade Opportunity

November 11, 2019/Baker McKenzie Global, 11 November 2019 – New research from global law firm Baker McKenzie and Oxford Economics – AfCFTA’s US$ 3 trillion Opportunity: Weighing Existing Barriers against Potential Economic Gains – shows that if fully implemented, the African Continental Free Trade Area (AfCFTA) will unlock significant but […]