Leaders | Growth in emerging markets

Unrest and economic underperformance haunt the emerging world

The key to better times remains openness

AT THE START 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 Tunisia faces a constitutional crisis. Illiberal government is in fashion. Peru has just sworn in a Marxist as its president and independent institutions are under attack in Brazil, India and Mexico.

This article appeared in the Leaders section of the print edition under the headline “Dashed hopes”

Dashed hopes: Emerging markets’ growth problem

From the July 31st 2021 edition

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