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/8/6精读内容

Unrestandeconomicunderperformancehaunttheemergingworld

Thekeytobettertimesremainsopenness

Jul31st

ATTHESTARTofthecentury,developingeconomieswereasourceofunboundedoptimismandfierceambition.TodaySouthAfricaisreelingfromaninsurrection,ColombiahassufferedviolentprotestsandTunisiafacesaconstitutionalcrisis.Illiberalgovernmentisinfashion.PeruhasjustsworninaMarxistasitspresidentandindependentinstitutionsareunderattackinBrazil,IndiaandMexico.

Thiswaveofunrestandauthoritarianismpartlyreflectscovid-19,whichhasexposedandexploitedvulnerabilities,fromrottenbureaucraciestofrayedsocialsafety-nets.Andasweexplainthisweek,thedespairandchaosthreatentoexacerbateaprofoundeconomicproblem:manypoorandmiddle-in


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