Parallel, Overlapping Globalizations
George Washington University GWU Institute for International Science and Technology Policy Live stream of the IISTP Seminar of Parallel, Overlapping Globalizations with Otaviano Canuto of the World Bank Click…
Global infrastructure finance falls
Enlarge Chart There is a sizeable gap between the world economy's infrastructure needs and available financing. The shortfall is especially pronounced in emerging markets. Infrastructure investment has fallen short…
Filling the infrastructure financing gap
There is a sizeable gap between the world economy’s infrastructure needs and available financing. The shortfall is especially pronounced in emerging markets. Infrastructure investment has fallen short of what is needed to support…
ECON+ Interview With Otaviano Canuto
APRIL 17, 2017ECON+ brings you an exclusive interview with Otaviano Canuto, Executive Director at the World Bank. Otaviano weighs in on the current role of the World Bank,…
What Happened to World Trade?
Capital Finance International, spring 2016 World trade suffered another disappointing year in 2015, experiencing a contraction in merchandise trade volumes during the first half and only a low recovery…
Liquidity Glut, Infrastructure Finance Drought and Development Banks
The world economy faces huge infrastructure financing needs that are not being matched on the supply side. Emerging market economies, in particular, have had to deal with international long-term…
Commodity Super Cycle to Stick Around a Bit Longer
Capital Finance International, summer 2014 Some analysts have predicted that the commodity price boom has played itself out. However, natural resource-based commodity prices (with the exception of shale gas…
Brazil’s Economic Identity: Motivations and Expectations
Brazil's Economic Identity: Motivations and Expectations Center for Strategic & International Studies Published on Jul 17, 2014 Featured Remarks by: Otaviano Canuto Senior Advisor on the BRICS Economies Development Economics…
IÉSEG – Dr. Otaviano Canuto on emerging markets in the global economy
IÉSEG - Dr. Otaviano Canuto on emerging markets in the global economy IÉSEG School of Management Published on Mar 17, 2014 Otaviano Canuto who is the Senior Adviser on BRICS…
Cocoa beans are processed into cocoa liquor at the Golden Tree cocoa processing and chocolate plant in Tema, Ghana, June 27, 2006. (Photo by Jonathan Ernst)
Calibrating 2014
The global economy looks poised to display better growth performance in 2014. Leading indicators are pointing upward – or at least to stability – in major growth poles. However, for this to translate into reality policymakers will need to be nimble enough to calibrate responses to idiosyncratic challenges.
South-South Trade through Value-Added Glasses
Using gross figures of exports and imports to approach the contribution of trade to economic growth and a country’s resource allocation may be misleading. Products often cross borders more…
Finance as an Economic Cholesterol
First appeared at World Bank Growth and Crisis blog A country’s income depends on its accumulated wealth and how efficiently and innovatively this wealth is employed to produce goods and services.…
Building hospital gurneys at the Tautmann factory in Turkey
Jobs as a Scorecard
Employment numbers released today by the World Bank shed some light on the resilience of job creation and job preservation heretofore exhibited in most emerging countries. According to the…
Is Europe as Unequal as the U.S.?
Europe is the land of generous social programs with not as much inequality as in the U.S., right? It is fair to say that low interpersonal inequality in general…
Less Poor but More Unequal
First, the good news: The world has become considerably less poor. Today, 43 percent of people are considered to be living in poverty—that is, living on less than $2 per…