Land-locked developing countries are widely dispersed around the globe:
15 in Africa, 12 in Asia, 2 in Latin America, and 2 in CEE.
These countries face severe challenges to growth and development due to a wide range of factors, including:
- A poor physical infrastructure
- Weak institutional and productive capacities
- Small domestic markets
- Remoteness from world markets
- A high vulnerability to external shocks
Airports would help.
The military orders evacuations from mining regions due to armed groups fighting for control of mineral resources.
- In 2009, the total audited pharmaceutical market for Thailand grew by 5.6 percent to reach $2.9 billion.
- The public healthcare system accounts for 2/3 of total healthcare spend and almost 4 percent of total GDP.
- Roughly 90 percent of the total population is covered under the Universal Health Scheme
Court upholds decision to postpone 3G auction. Thailand continues to be ranked with Burma as last country in SE Asia without high speed mobile connectivity.
Tele-medicine negatively impacted.
The syndrome is currently used to describe Japan’s growing isolation from the rest of the world, and also used to describe any country that sees itself in decline.
We can think of many countries suffering Galapagos Syndrome….none of them from the emerging markets.
The projected rate of growth to slow to 5.5% through 2030.
Increase in growth rate seen if China implements reforms to reduce dependence on investment, increase productivity through improvements in education, property rights, and R&D.
Is China already starting to act like a “rich country” and forgo those investments?
Commonwealth Games insured domestically as it is the only market available.
India’s self-sufficiency philosophy is hurting its entry into global status. Reluctance (or inability) to provide basic risk data prevents country to move towards international insurance exchanges (e.g. Lloyd’s)
Should this continue we would expect domestic healthcare costs to rise artificially, or rather, unnecessarily. From infrastructure and facility construction bonds to medical liability, a philosophy of domestic risk transfer is painfully out-dated.
Fun, interactive chart of global debt levels over time…click on:
Country has highest non-political murder rate in the world. Armed violence and organized crime remain major concern for the Honduran authorities. September saw the murder of 17 factory workers in an armed attack and the second assassination of a transportation official.
The US State Department has interactive map of countries and human trafficking.
Example of countries at Tier 3: Kuwait, Sudan, N. Korea, Saudi Arabia…
Link to the map, Click and pull curser across map for different regions and countries: http://www.state.gov/g/tip/rls/tiprpt/2010/138377.htm
Link to the report: http://www.state.gov/g/tip/rls/tiprpt/2010/index.htm
Brazil’s economy is set to pass Italy’s in 2011.
Venezuela is expected to see an inflation rate of 29.2 percent this year, the IMF estimates. That compares with 26.2 percent in the Democratic Republic of Congo, which has the second-highest inflation.
Foreign media and monitors not allowed in country next month to observe first election in 20 years. “It is not necessary to invite foreign monitor as Myanmar has capabilities and experienced persons regarding the election process.”
Polish companies invested 2.3 billion Euros abroad in H1, more than the whole of 2009.
Poland’s hospitals approaching 10b zloty in debt.
Poland’s cabinet approved the final bills of the healthcare reform package, including the transformation of hospitals into joint-stock companies of local governments and new drug reimbursement rules.