Emerging Markets Lead in Job Recovery
One of the most distressing aspects of the frail economic recovery from the global crisis has been lagging job creation. In developed and developing countries alike, millions of people…
“Ascent after Decline: Regrowing Global Economies after the Great Recession”
Российская экономическая школа Published on Apr 11, 2012 New Schools of Economics, Moscow, Russia April 4, 2012 Public Seminar: Otaviano Kanuto (Vice President, Head of Poverty Reduction and Economic Management…
Ascent after Decline: Regrowing Global Economies after the Great Recession
ASCENT AFTER DECLINE: REGROWING GLOBAL ECONOMIES AFTER THE GREAT RECESSION Q&A transcript: Regrowing the Global Economy with co-editor and World Bank VP Otaviano Canuto The great recession of…
Are Emerging Markets Leading the Way in Job Creation?
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…
Jobs, Jobs, Jobs
Market volatility, fears of a double-dip, lack of investor confidence and social demonstrations from Wall Street to Main Streets around the world are just some of the headlines we…
UN-High-level policy dialogue with the international financial and trade institutions on current developments in the world economy, High-level Segment 2011 – ECOSOC
High-level policy dialogue with the international financial and trade institutions on current developments in the world economy, High-level Segment 2011 – ECOSOC 5 Jul 2011 - 15th meeting of the 2011 High-level…
Workers maintain the thermal power station at Takoradi, Ghana, June 21, 2006. (Photo by Jonathan Ernst)
Managing Economic Policy in a Multipolar World
It’s no secret that current account imbalances exist around the world. In many cases, these imbalances may be benign and merely reflect market-driven differences in savings and investment or…
Whither the U.S. Dollar
Is the U.S. dollar really doomed? If it were for some headlines, you would certainly think so. Because of the “Made in the U.S.A” financial crisis, growing budget deficits…
The Day After Tomorrow: Macro-Financial Policy Catches Up With Reality
The 2008–09 crisis opened the door to a different kind of thinking in international macroeconomics—and closed it on some of the previous orthodoxy. Let’s take a look at some…
The Day After Tomorrow: A Handbook on the Future of Economic Policy in the Developing World
The Day After Tomorrow: A Handbook on the Future of Economic Policy in the Developing World (at the Wilson Center) https://youtu.be/bAu0GhuwX7Y Economists Otaviano Canuto (right) and Marcelo Giugale pointed to a major…
Introduction to The Great Recession and Developing Countries: Economic Impact and Growth Prospects
Introduction to The Great Recession and Developing Countries: Economic Impact and Growth Prospects Otaviano Canuto and Justin Yifu Lin
Currency Wars Yesterday and Today
An energetic debate on the danger of a global currency war has flared up in recent months, stoked by a renewed move to “quantitative easing” in the United States,…
The Day After Tomorrow: Growth Switchover
It is becoming common wisdom that developing countries are doing well while the rich world is stuck in long-overdue austerity. Barring another subprime crisis (this time, in public debt),…
Challenges in the coming phase of globalisation: A sense of déjà vu
Otaviano Canuto, José Manuel Salazar 28 June 2010 (VoxEU) Economic integration transmitted the negative shocks of the crisis to workers across the world. As the global economic recovery begins, this column…
Recoupling or Switchover
The current recovery in advanced economies is now exhibiting several signs of fragility. Their medium term growth prospects also look difficult. In this environment two questions arise: Will developing…