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Teetering on the edge of financial Armageddon just 15 months ago, Pakistan has come far in the past year. But it is only at the start of a very long and perilous journey

President Putin may not like it but Russia needs to trade with the West. China may offer a potentially large alternative source of business but it will be a far more testing partner and both countries hold a healthy level of mistrust in each other. Meanwhile, a charm offensive in Latin America, the Middle East and elsewhere has produced only a piecemeal development strategy

Women's participation in the labour force still lags men's by 12% even in developed economies. In the MENA region it can be up to 50%. That is a wasted resource - and best practice examples show countries and companies that tackle the problem outperform

Although fast-growing economies such as China secured a deal four years ago to earn greater voting rights on the IMF, they are still waiting for approval by US Congress. They could finally be about to get their way

As the global financial community is braced to withstand the impact of the looming US interest rates, Indian central bank chief Raghuram Rajan tells Emerging Markets that the federal Reserve must pay attention to emerging market concerns

A key economic advisor to the central government has warned that China faces a series of formidable challenges including slowing economic growth and a rapidly deflating credit and real estate bubble

The head of Thailand’s central bank, Prasarn Trairatvorakul, tells Emerging Markets why the country’s internal politics are a greater risk to the economy than US monetary policy or China’s growth outlook

Raising one’s game from regional bank to global is a risky strategy at the best of times, so for National Bank of Abu Dhabi to attempt the move when other firms are retrenching is is bound to draw some scepticism.

Gone are the days of mere 15-floor office blocks in Hong Kong. Now, when I make my way down to the city, I dare not strain my neck looking up at all the cloud-level pillars. Fortunately, from my usual perch on The Peak I don’t have my view obstructed by what are basically huge battery farms for bankers.

Anyone playing down the chances of a repricing of Asian high yield bonds amid the upcoming flood of Chinese additional tier one capital (AT1) transactions will be in for a shock if a recent investor survey turns out to be true. And with expectations high that AT1s will be included in global indices, the problem cannot be overlooked.

Kazakhstan returned to the international bond markets after a 14 year absence this week, becoming the first sovereign to adopt new collective action clauses in its documentation. The deal was well received but whether the new CAC clauses helped is unclear

Abenomics is looking distinctly weary, as the boost from monetary expansion has petered out, fiscal stimulus has had little effect and reforms will take years to work. Should the Bank of Japan crank up QE to new heights? The Bank is likely to keep that option in reserve for an even rainier day