This periodical compiles insights from member companies and partners of the OECD Emerging Markets Network (EMnet) to help policy makers improve the business environment, attract more quality investment and ultimately advance sustainable development. This edition includes an analysis of the latest foreign direct investment flows into emerging and developing markets as well as conclusions from EMnet meetings held in 2023. It shows that, despite geopolitical tensions and economic uncertainty, emerging markets closed 2023 with robust growth rates and that this momentum continued into 2024. With inflation declining in most countries and capital flows to emerging market economies increasing, the time is ripe to encourage more private investment to boost economic and social development. The report includes a contribution from Cornell University on the digitalisation process of currencies by central banks in emerging markets.