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There are many challenges facing developing and developed economies. With rising rates, recession risks, and repositioning of global supply chains, leaders of emerging market countries are wise to be asking questions about the viability of their current growth strategies as sources of future prosperity. Using our practical, fact-driven approach, the Emerging Markets & Developing Economies research program at the Hoover Institution will jointly convene high-level decision makers (private sector as well as public) and researchers to diagnose problems and discuss feasible solutions to important aspects of the biggest challenges to inclusive and sustained high growth in EMDES.

The Emerging Markets Working Group is part of the Hoover Program on the Foundations of Economic Prosperity.

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Articles

Filling Africa’s Data Gap

Every few years, the U.S. government launches a new initiative to boost economic growth in Africa. In bold letters and with bolder promises, the White House announces that public-private partnerships hold the key to growth on the continent. It pledges to make these partnerships a cornerstone of its Africa policy, but time and again it fails to deliver.

May 29, 2023 By Jendayi Frazer , Peter Blair Henry

via Foreign Affairs

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Articles
The Global Infrastructure Gap: Potential, Perils, And A Framework For Distinction
May 18, 2023 By Peter Blair Henry, Camille Gardner

via American Economic Association

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Videos
Under Threat: Democracy in Africa With Jendayi Frazer (5:47)
April 19, 2022 interview with Jendayi Frazer

via Council on Foreign Relations

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Featured Publication
Turnaround

Turnaround: Third World Lessons for First World Growth

Thirty years ago, China seemed hopelessly mired in poverty, Mexico triggered the Third World Debt Crisis, and Brazil suffered under hyperinflation. Since then, these and other developing countries have turned themselves around, while First World nations, battered by crises, depend more than ever on sustained growth in emerging markets.

 

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The G20 SA Presidency appointed Peter Henry to the Africa Expert Panel to offer strategic advice on economic and development issues.

In November 2025, South Africa will host the first G20 Summit of Heads of State. The G20 SA Presidency appointed Peter Henry to the Africa Expert Panel to offer strategic advice on economic and development issues. The Africa Expert Panel has been tasked with preparing a high-level report with key recommendations on a range of global challenges for consideration by the G20 Finance Ministers and Central Bank Governors leading to the Heads of State Summit in November 2025. 

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Peter Henry

Pictured: Stanley Fischer and Peter Henry

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Peter Henry

Pictured: Peter Henry, Janet Yellen, Mervyn King

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Peter Henry and Jerome Powell

Pictured: Kim Schoenholtz, Jerome Powell, and Peter Henry

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Peter Henry and Lisa Cook

Pictured: Lisa Cook and Peter Henry

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Peter Henry

Pictured: Peter Henry and Ajay Banga

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Peter Henry and Timothy Geithner

Pictured: Kim Schoenholtz, Tim Geithner, and Peter Henry

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Peter Henry and William Dudley

Pictured: William Dudley and Peter Henry

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Ajay Banga at Hoover

Ajay Banga at the Hoover Institution (Patrick Beaudouin)

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Peter Blair Henry, Ajay Banga, Condoleezza Rice, and Arun Majumdar (Patrick Beaudouin)

Peter Blair Henry, Ajay Banga, Condoleezza Rice, and Arun Majumdar (Patrick Beaudouin)

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Condoleezza Rice introducing the panel for Increased Prosperity On A Livable Planet

Condoleezza Rice introducing the panel for Increased Prosperity On A Livable Planet (Patrick Beaudouin)

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Ajay Banga speaking

Ajay Banga speaking at Increased Prosperity On A Livable Planet (Patrick Beaudouin)

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