Kajiado, Kenya. 2010
Marrying Monetary Policy and Financial Regulation
If the global financial crisis -- and the events that led up to it -- have taught us anything, it is,“No complacency with asset price booms”. We know first…
Growing after the Crisis: Boosting Productivity in Developing Countries
Developing countries continue to face important challenges in boosting productivity growth in the difficult post-crisis environment, but also many opportunities to eliminate poverty and create shared prosperity.
Gender equality and economic growth: A framework for policy analysis
Vox EU Reducing gender inequity will require a wide range of policies. This column describes a framework for quantifying the growth effects of gender policies in developing economies and,…
Until Subnational Debt Do Us Part
Decentralization in many countries has given subnational governments certain spending responsibilities, revenue-raising authority, and the capacity to incur debt. Furthermore, rapid urbanization in developing countries is requiring large-scale infrastructure…
Until Debt Do Us Part: Subnational Debt, Insolvency, and Markets
With decentralization and urbanization, the debts of state and local governments and of quasi-public agencies have grown in importance. Borrowing enables immediate benefits while distributing costs equitably across multiple…
Truck mechanics at the port in Tema, Ghana, June 16, 2006. (Photo by Jonathan Ernst)
Trade: The World Is Not Flat Yet
Thomas Friedman’s bestseller The World Is Flat highlights the strong forces pushing the world towards a single economic platform. The technology-fueled globalization in the provision of services, and the widespread organization…
South Asia and the Geography of Poverty
The world has become relatively less poorin the last few decades. People under conditions of extreme poverty -- that is, living on less than $1.25 per day -- have declined…
Overcoming Middle-Income Traps
Since the 1950s, rapid growth has allowed a significant number of countries to reach middle-income status; yet, very few have made the additional leap needed to become high-income economies. Rather, many developing countries have become caught in what has been called a “middle-income trap”, characterized by a sharp deceleration in growth and in the pace of productivity increases.
Currency War and Peace
The discussions at last month’s G-20 meeting of finance ministers were dominated by anxiety over so-called “currency wars.” But, to escape the crisis, global leaders must shift their focus to channeling the massive liquidity that advanced countries' controversial monetary policies have generated toward long-term investment financing.
Gender Equality Pays Off in Brazil
Brazil’s success in reducing poverty and income inequality has been widely reported in recent years. What is less known is that there has also been progress in lessening gender inequality in…
The Brazilian competitiveness cliff
VoxEU Brazilian exports of goods and services have grown sharply in recent years, tripling since 2000. This column argues that Brazil’s export performance depends mostly on favourable geographical and sector…
Climate Change: Get Ready to Adapt!
World Bank President Jim Yong Kim’s recent Washington Post op-ed “Make Climate Change a Priority” warned that “global warming imperils all of the development gains we have made”. Jim…
‘Há dúvidas sobre as regras do jogo’, diz vice do Banco Mundial
ESTADO DE MINAS, 13 fevereiro 2013 Para economista, empresário quer segurança para investir S Paulo Silva Pinto Brasília – O economista Otaviano Canuto participou do governo Lula em 2003, quando…
Wilson Center – How to Improve Brazil’s Industrial Growth and Export Performance
How to Improve Brazil's Industrial Growth and Export Performance https://youtu.be/jnBvogssgQQ Low industrial productivity growth and disappointing export performances are the center of an economic policy debate raging in Brazil.…
Brazilian Competitiveness: Folia and Hangover
As the Carnival in Brazil kicked off last weekend, Brazilians were ready for a party. They have reasons to celebrate. Despite a lackluster GDP performance in the last two…
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