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Bangladesh’s balance of payments (BoP) faces moderate risk among four South Asian countries owing to a drastic fall in foreign currency reserves, according to global credit ratings agency Moody's Investors Service.
6 Shares The idea of Chile as a “free market miracle” is one of the most powerful myths in the recent history of economic development, but Chile’s export diversification was really the result of carefully crafted government interventions, writes Amir Lebdioui (LSE Latin America and Caribbean Centre). Assessing industrial policies in Chile remains a contentious and divisive topic. Chile has long been held up as an almost textbook example of the success of “letting the market do its work”, as there was a broad agreement among mainstream economists that Chile had largel...
Carnegie Endowment for International Peace Source: Getty Summary: Many African countries have placed economic diversification high on the policy agenda, yet they first need to define what it means in their specific structural and socioeconomic contexts. Related Media and Tools If you enjoyed reading this, subscribe for more! Thank you! Summary For decades, economic diversification has been a policy priority for low- and middle-income economies. In the words of former managing director of the International Monetary Fund (IMF), Christine Lagarde, “We know that economic diversification is go...
Carnegie Endowment for International Peace Source: Getty Summary: Many African countries have placed economic diversification high on the policy agenda, yet they first need to define what it means in their specific structural and socioeconomic contexts. Related Media and Tools If you enjoyed reading this, subscribe for more! Thank you! Summary For decades, economic diversification has been a policy priority for low- and middle-income economies. In the words of former managing director of the International Monetary Fund (IMF), Christine Lagarde, “We know that economic diversification is go...