New Rules, New Opportunities: 2025 Emerging Market Multinationals Report. Beating Sisyphus, EP. 6

In this special episode of Beating Sisyphus, we host the launch of the 2025 Emerging Market Multinationals Report, titled "New Rules, New Opportunities."Celebrating the 10th anniversary of this flagship publication from the Cañizares Center for Emerging Markets at Cornell University, hosts Lourdes Casanova and Thomas Riveros are joined by co-author Anne Miroux and a panel of global experts from the OECD, IFC (World Bank Group), UNCTAD, and leading universities.Together, they explore the paradigm shifts defining the next decade for emerging economies—from the rise of "green" foreign direct investment (FDI) and the digital economy to the fragmentation of global trade and the challenges of regulating AI.Featured Speakers:Lourdes Casanova & Anne Miroux: Cañizares Center for Emerging Markets, Cornell University.Lorenzo Pavone: Head of Emerging Markets Network (EMnet), OECD Development Centre.Momina Aijazuddin: Senior Industry Manager (Financial Institutions Group), IFC / World Bank Group.Amelia Santos-Paulino: Chief of Investment Issues, UNCTAD.Veneta Andonova: Dean, Universidad de los Andes School of Management (Colombia).Lorena Palacios-Chacón: Professor, Tecnológico de Monterrey (Mexico).Jun Gong: School of Management, Zhejiang University (China).George Ugeux: CEO, Galileo Global Advisors.

Timestamps:

(00:00) – Intro & The 10-Year Anniversary of the Report

(07:49) – Chapter 1: The New Paradigm of "Strategic" Investment

(12:50) – The Rise of Emerging Market Multinationals (EMNCs)

(26:15) – Green Transition: Mobilizing Private Capital (Lorenzo Pavone)

(31:00) – Digital Economy & Investment Trends (Amelia Santos-Paulino)

(43:00) – The Changing Role of Development Finance (Momina Aijazuddin)

(52:45) – Innovation & Military Spending (Veneta Andonova)

(59:00) – China’s Role in the Pacific Alliance (Lorena Palacios-Chacón)

(1:06:40) – Fragmentation vs. Globalization (Alicia García-Herrero)

(1:13:50) – Private Firms vs. SOEs in China’s Outward FDI (Jun Gong)

(1:19:35) – The Challenge of Regulating AI (George Ugeux)