Econintersect: Harvard professor Jeffrey Fraenkel argues that management of developed country economies have much to learn from what has been done in emerging market nations.His article contains a wealth of links to research.
Fraenkel is a former economic advisor to President Clinton and advisor to the Federal Reserve Banks of New York and Boston, the Peterson Institute for International Economics, and the Bureau of Economic Analysis. He directs the program in International Finance and Macroeconomics at the National Bureau of Economic Research, where he is also a member of the NBER Business Cycle Dating Committee, which officially declares recessions. Read more…..