Excellent Article on Economic Diversification from Booz’s Business Strategy Magazine

This article in Strategy + Business makes the case that the economies which are sufficiently diversified will have a quicker recovery from the economic crisis.

Take the Poll on the Role of State-Owned Banks

You can take the World Bank’s poll on the role of state-owned banks in promoting financial stability.

For info about the poll and the issue, go to the All About Finance blog.

Blogs on Emerging Markets Economics

Here are links to some good blogs related to emerging market economics and business.

• BeyondBrics is Financial Times’ emerging markets blog.
• One of the leading economic soothsayers, Nouriel Roubini, has a blog that should not be missed.
• The International Financial Corporation (IFC), a division of the World Bank Group has an emerging markets blog called Innovations in Emerging Markets.
• One of the Wall Street Journal blogs is ROI where “personal finance meets current affairs.” This blog has both US and internationally oriented posts.
• WSJ also offers New Europe about Central and Eastern European economics.
• Mark Mobius, the major player for Franklin Templeton in emerging markets and a key investor in Romania, has a blog.

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Developed Economies Facing Mountains of Debt But Emerging Economies Not

The World Economic Forum at Davos has begun. (I guess my invitation was lost in the mail. … Maybe I should check my spam filter.) An interesting article from DealBook discusses how the developed economies especially Europe are saddled with debt and the emerging powers like China and India are not.

To read the article,

Last Week’s NY Entrepreneurs Business Network Event

If you were at last week’s NY Entrepreneur’s Business Network event and we were not able to meet, please contact me.

New Partners for Privatization EOI

East Europe Strategy (our company) just submitted an expression of interest to do some work for IFC related to hydropower privatization in Albania. We are in consortium with two fine partners, Montague Capital and Drakopoulos Law Firm. If you do business in that part of the world and need help in project finance, check out Montague Capital; for legal services,