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In a class of his own For the man who pioneered emerging market investment with the world’s first equity fund for the new asset class, a long-term vision has paid off where others feared to tread.
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Ringing the changes A pioneer of Africa’s mobile technology revolution, Mo Ibrahim helped kick-start one of the most far-reaching transformations Africa has ever witnessed.
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"Looking back, I have no regrets" For some, he symbolized the dark side of the Washington Consensus. For others, as IMF chief, he diverted the institution from its core mission. Whatever the final verdict, Michel Camdessus, like few others, shaped the final years of the 20th Century.
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The accidental iconoclast The Soviet Union’s last president had a clear sense that things had to change, but he had no idea of the goal.
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The hand of credit Through microfinance, Muhammad Yunus has turned conventional banking wisdom on its head. Lending to the poor has become a powerful tool for social and economic change.
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Cometh the hour, cometh the man Ratan Tata took control of a moribund conglomerate at the moment India began its economic liberalization programme. He seized his opportunity – and the rest is history.
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Putting Africa on the map Though not without its fair share of controversy, Olusegun Obasanjo’s presidency was key to embedding democratic rule, tackling corruption and laying the foundations for long-term development in Africa’s most populous nation.
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Market-maker Many had tried but failed. Then Nicholas Brady devised a plan to help developing countries pay off their debt – a Brady bond came to the rescue. By Philip Alexander
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Who dared to make decisions Although he remains a bitterly divisive figure domestically, Zhu Rongji played a pivotal role in China’s economic transformation. As premier, he stepped up his assault on the country’s bloated state-run firms and turned many of them into catalysts for China’s industrial-economic change.
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The world's banker At Citigroup’s helm, Sanford Weill pushed the group through rapid global expansion with epoch-making deals, against the head-wind of emerging market crises.
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Turmoil in the debt markets gives pause to a country like the Philippines, which relies heavily on external borrowing. But the debtor - in the past one of the region's weakest links - has staged a determined comeback
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