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…
Otaviano Canuto: “Há uma armadilha no caminho do Brasil”
ENTREVISTA - 30/01/2013 07h00 Otaviano Canuto: "Há uma armadilha no caminho do Brasil" Um país passar de pobre a remediado é um feito importante que o Brasil já realizou. Mas…
China Radio International – The Middle Income Trap: A Global Perspective
China Radio International 2013-01-15 17:38:54 CRIENGLISH.com Web Editor: Chen Cong (Click on WMA - Windows Media Player - podcast available) To reach a middle income level is something…
Mobilizing Development via Mobile Phones
I'm sure I'm not the only one who uses my mobile phone for almost everything but to make a call. Thanks to technological advances and the explosion of social…
In Times of Consecutive Crises, Is Fiscal Policy the Answer?
In recent weeks, fiscal policy – once the domain of policy wonks – has become part of dinner-table conversations. As Washington attempts to put its fiscal house in order,…
Where Rubber Hits the Road: Reforming Public Sector Management
In practice, theory is something else. I've already heard variants of this expression in several countries and languages. Very often from people referring to the gap between abstract, generic…
The East Asian Miracle 2.0
"The features of East Asia's experience in transitioning from middle- to high-income status provide important lessons for other countries that are attempting to follow suit."
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