Many poor and middle-income countries are losing the knack of catching up with the richest ones. Those which remain open to trade and investment have the best chance of recovery. Our cover this week
of the century, developing economies were a source of unbounded optimism and fierce ambition. Today South Africa is reeling from an insurrection, Colombia has suffered violent protests and
Our excess-mortality model suggests that 8m-16m people have died in the pandemic. The central estimate is 14m. The developing world is vulnerable to the virus, especially lower-middle-income countries where remote working is rare and plenty of people are fat and old. If you strip out China, non-rich countries have 68% of the world’s population but 87% of its deaths. Only 5% of those aged over 12 are fully vaccinated.
This golden age now looks as if it has come to a premature end. In the 2010s the share of countries catching up fell to 59%. China has defied many doomsayers and there have been quieter Asian success stories such as Vietnam, the Philippines and Malaysia. But Brazil and Russia have let down thes and, as a whole, Latin America, the Middle East and sub-Saharan Africa are falling further behind the rich world. Even emerging Asia is catching up more slowly than it was.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Water Protests in Iran Test Country’s LeadersUnrest over water scarcity adds to the challenges awaiting incoming president Ebrahim Raisi, who takes office next week amid a grinding economic crisis and stalled nuclear negotiations with the West.
Leer más »
IMF cuts emerging Asia growth forecast on COVID-19 resurgenceThe International Monetary Fund on Tuesday cut this year's economic growth forecast for emerging Asia, as a spike in coronavirus cases from new variants and slow vaccinations cloud the region's recovery prospects.
Leer más »
Does Tunisia risk being plunged into greater violence?By closing political avenues for voters to express their views, the President Saeid Kais risks extreme polarisation, and with it, the potential for unrest.
Leer más »
Harper criticizes Canadian, U.S. pandemic spending as 'overkill'Former Canadian Prime Minister Stephen Harper criticized pandemic spending by both the U.S. and Canada, calling it 'overkill'
Leer más »
Will Tunisia’s economic pain be eased after Saied’s power grab?Any attempt to solve Tunisia’s underlying economic challenges will require political stability, not insecurity
Leer más »
ITV “Emerging From Worst Effects Of The Pandemic” As Revenue Rises $516MUK commercial broadcaster ITV has said that the worst of the coronavirus pandemic is behind it after the company’s total revenue rallied £372M ($516M), or 26%, in the first half of 2021. ITV&…
Leer más »