Emerging markets conference 2024; Strategic thinking for outbound FDI; Julia workshop in Delhi; episodes
Emerging markets conference, 2024
We’re on the 15th edition of the EMC, the conference that tries to improve our strategic sense about emerging markets with insights from diverse fields. It’s grown into a fine feast of ideas and community.
On the side of the conference is a small event on the Indian bankruptcy reform.
These things are not open to the public, and there is little spare capacity. If you’re keen to attend, please ask us.
Strategic thinking for Indian firms doing FDI
In the field of international trade, there’s a traditional classification of tradeables vs. non-tradeables. This becomes less relevant in a world with FDI, as an Indian firm that makes non-tradeables can do FDI into a foreign country and produce non-tradeables there.
In my column in the Business Standard last Monday, I suggest a 2x2 classification that helps think about Indian firms doing FDI, with a focus on the extent to which the capabilities and business culture of a successful Indian firm may be conducive or inimical to success in a new country.
Get started on Julia, a workshop in Delhi
Episodes
29 November: Episode 75 of Everything is Everything with Amit Varma, What economics can learn, which discusses Can economics become more reflexive? by Biju Rao.
15 November: Episode 74 of Everything is Everything with Amit Varma, The horrors of KYC. This is a great example about the failures of `international best practice’ or the importation of policy ideas from advanced economies with insufficient first principles reasoning about the context, about the `invisible infrastructure’. And, there’s a useful reading list for this field in the show notes (the youtube metadata).
15 November: Episode 73 of Everything is Everything with Amit Varma, Don’t punish victimless crimes.