- Kemal Derviş, Richard von Weizsäcker Fellow, Robert Bosch Academy, and Vice President and Director of Global Economy and Development, Brookings Institution
- Jannik Rust, Senior Project Manager, Robert Bosch Academy
About the event
Until the late 1980s, there were only a few “emerging markets”, and the income gap between rich and poor countries was and remained huge. Then, between about 1990 and 2014, emerging market countries in the aggregate, started growing much faster than the advanced economies. China was the super star of growth, but many Asian countries had impressive growth performances and even Latin America was growing more rapidly than the USA, Europe or Japan. Most observers projected a new period of rapid income convergence in the world economy. Then came 2015 – an overall slowdown in emerging countries, deep worries about Chinese growth, negative growth in Brazil. The Economist magazine predicted “the end of the period of convergence”. 2016 looks just as bad on the whole. Only India seems to perform as well as in the last 15 years. In China, growth evaluations diverge widely. Is this slowdown just a parenthesis that will soon close again, or are emerging and also developing countries facing a structural, longer term problem?
Together with Kemal Derviş we would like to spend an interactive evening discussing risks and challenges for emerging markets and giving an outlook on what will be one of the most relevant topics for the world economy in 2016.
Please note that the event will be held in English.
By invitation only.
Registration for this event is closed.