Wednesday, June 24, 2026

EMs - Risk and Resilience

Turning Latin America’s Resilience into Growth
https://www.project-syndicate.org/commentary/latin-america-caribbean-must-build-strategic-growth-frameworks-by-ilan-goldfajn-and-eduardo-l-yeyati-2026-06
Economic stabilization has been a significant achievement for Latin America and the Caribbean, a region with a long history of financial crises. But these countries need a well-sequenced reform agenda to attract private investment and create the growth engine that will translate hard-won gains into higher living standards. 
 
Developing-Country Risk Is Being Mispriced
https://www.project-syndicate.org/commentary/new-evidence-shows-that-africa-investment-risk-is-lower-than-assumed-by-vera-songwe-and-mahmoud-mohieldin-2026-06
When investors say there are no “bankable” projects in developing economies, they are typically referring less to project quality than to the cost of capital. But the assumptions driving up risk premia are not supported by the evidence, and until this changes, the misallocation of capital will continue to undermine development.