Perspectives on emerging markets, investment climate reform, trade policy, and private sector development, from people who have worked in these systems, not just written about them.
In reform-led economic development programmes, the constraint is rarely defining what needs to change. The difficulty begins once those changes need to translate into something investors and firms can actually engage with on the ground.
India’s evolution from a generics manufacturer into an innovation-driven life sciences hub is creating a structural, multi-decade opportunity for foreign pharmaceutical equipment and technology companies.
Most emerging economies have the ingredients of an innovation economy. The challenge is connecting them into a system that helps firms scale and creates jobs.