There is more the state can do to help drive post-crisis growth. In addition to its role in regulating financial systems, the state can play a very vital role as an investor in the knowledge economy by supporting policies and making investments that catalyze both market and firm growth.
Growth in emerging economies – and developing countries in general – has exhibited strong resilience to the downward pull from advanced economies. However, its full potential can only be tapped if all boats are lifted; if advanced economies also find how to ascend after declining.
The Impact of Competition Practices in International Commodity Markets Paris | February 16, 2012 Speech to OECD Global Forum on Competition on the impact of imperfect competition on the…
After the Second World War, advanced economies began an ambitious process toward capital account liberalization, which prioritized the liberalization of trade, the maintenance of fixed exchange rates, and a…
With a few exceptions, industrialized nations are still struggling with unemployment, unable to recover completely from the 2008 economic crisis. In the U.S. things seem to be improving as…
L'indice de la Banque mondiale est en recul de 8 % au dernier trimestre 2011. C'est une bonne nouvelle pour les pays pauvres importateurs de produits agricoles : la Banque mondiale constate une baisse des prix alimentaires et annonce que "la perspective de leur recul en 2012 est favorable
The great recession of 2007-09 has left permanent scars in the world economy, and the global recovery has lost steam. Advanced economies are still struggling with high unemployment and debt, and the remarkable role that emerging markets have played as engines of the recovery is no longer certain. In this new book, co-edited by Otaviano Canuto and Danny M. Leipziger, more than a dozen distinguished contributors scan the economic horizon, spell out the new fiscal reality, and highlight the policy choices on which economic regrowth will depend.
Food prices are finally coming down after a year of spikes and high volatility. But we must remain vigilant. Prices of certain foods remain very high, and millions of…
Global Food Prices Easing, Volatility Still High: World Bank Reuters | January 31, 2012 "The worst food price increases may be over but we must remain vigilant," said Otaviano Canuto,…
As the world struggles to recover from the financial crisis, developing and developed countries alike depend on effective finance ministries and their associated central finance agencies (CFAs) to help…
Entrevista a Radio ONU sobre paises em desenvolvimento na economia global 19 janeiro 2012 Escute aqui ou aqui
Otaviano Canuto, World Bank Vice President and Head of Network, 10-Year Anniversary of China's Access to WTO Beijing, China It is a great honor for me to speak today…
10-Year Anniversary of China's Access to WTO: Opening Remarks by the World Bank Otaviano Canuto, World Bank Vice President and Head of Network, Poverty Reduction and Economic Management (PREM)…
Global food prices remain high and volatile, affecting the poorest countries the most. Global prices might not be at their 2008 record high, but they are still well above…
Investing more on roads, bridges and schools is an essential part of President Obama's American Jobs Act. If this is important in the current U.S. context, the role of…