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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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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