Money Talks: Playing catch-up

<p>At the start of the 21st century, developing economies were a source of unbounded optimism and fierce ambition. But the pandemic has revealed a very different picture: many poor and middle-income countries seem to be losing the knack of catching up with rich ones. <a href="https://www.economist.com/briefing/2021/07/31/the-prospects-for-developing-countries-are-not-what-they-once-were?utm_campaign=money-talks&amp;utm_medium=podcast&amp;utm_source=third-party-host&amp;utm_content=show-notes" rel="noopener noreferrer" target="_blank">Is the golden age of emerging markets over?</a> And how can countries now battered by the pandemic <a href="https://www.economist.com/leaders/2021/07/31/unrest-and-economic-underperformance-stalk-the-emerging-world?utm_campaign=money-talks&amp;utm_medium=podcast&amp;utm_source=third-party-host&amp;utm_content=show-notes" rel="noopener noreferrer" target="_blank">get back on that path</a> to rapid growth?</p><br><p>Rachana Shanbhogue hosts with Jim O’Neill, former chief economist at Goldman Sachs who 20 years ago coined the term “BRICs”; Makhtar Diop, head of the International Finance Corporation; our trade and international economics editor, Ryan Avent; China economics editor, Simon Cox, and Africa correspondent, Kinley Salmon.</p><br><p>Sign up for our new weekly newsletter dissecting the big themes in markets, business and the economy at <a href="https://www.economist.com/moneytalks/?utm_campaign=money-talks&amp;utm_medium=podcast&amp;utm_source=third-party-host&amp;utm_content=show-notes" rel="noopener noreferrer" target="_blank">economist.com/moneytalks&nbsp;</a></p><p>For full access to print, digital and audio editions, subscribe to <em>The Economist </em>at <a href="http://www.economist.com/podcastoffer?utm_campaign=money-talks&amp;utm_medium=podcast&amp;utm_source=third-party-host&amp;utm_content=show-notes" rel="noopener noreferrer" target="_blank">www.economist.com/podcastoffer</a></p><br /><hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:g