On Sovereign Debt Crises and Restructurings
Remarks to the UNCTAD Expert Group Meeting on Sovereign Debt Crises and Restructurings October 25, 2012 United Nations Headquarters, New York By Otaviano Canuto Vice President, Poverty Reduction and…
Shifting Tectonic Plates under Global Banking
The global financial crisis has reversed an expansionary trend of international activities by banks from advanced countries that had been at play for decades. From the late 1970s to…
Beyond 2015: The Future of Development Goals
Beyond 2015: The Future of Development Goals New Delhi | October 18, 2012 Remarks to the Organization for Economic Cooperation and Development's 4th World Forum Remarks to the 4th…
Connecting Wagons: Why and How to Help Lagging Regions Catch Up
If it weren't for the economic performance of China, Brazil and other emerging markets, the global economic slump following the 2008 financial crisis would have been much worse. Not…
Natural wealth: Is it a blessing or a curse?
Using data series recently released by the World Bank (2011) on natural capital and other forms of countries’ wealth, this column revisits some of the conclusions reached in the…
Jobs as a Gateway to Prosperity
Global spotlights are on jobs. Headlines last Friday highlighted the US jobless rate, which fell to 7.8 percent, the lowest level in four years. There was a sense of…
Fiscal Policy for Shared Prosperity
As part of their response to negative shocks coming from advanced economies after Lehman's collapse in 2008, most developing countries resorted to countercyclical fiscal policy. Such a policy choice…
Fiscal Policy for Growth and Development
The global economic crisis that broke out in 2008 has reawakened interest in fiscal policy. In the early stages of the crisis, there was a widespread turn to counter-cyclical…
Like a Hummingbird – From Chile to Mongolia
Increased cross-learning and cooperation among developing countries has been a remarkable feature of the global economy in recent decades. It's been some time now since knowledge and technology flowed…
March 3, 2010 - Washington, D. C.
The "Oil and Gas in Federal Systems Conference" was held at The World Bank headquarters in Washington, D. C.
Organized by the World Bank and the Forum of Federations, with sponsorship from NORAD
The Post- 2015 Development Agenda
Remarks to the Briefing Seminar for the High-level Panel of Eminent Persons on the Post- 2015 Development Agenda New York | September 24, 2012 Speech to United Nations panel…
Not All That Glitters Is Gold
Gross Domestic Product, better known as GDP, is the market value of all final goods and services produced within a country in a given period. That's why GDP per…
Is Shadow Banking Dangerous for You?
From hedge funds to mortgage-backed securities, unregulated and risky activities have fallen out of favor since the Lehman Brothers debacle. Aggressive, casino-type behaviors and obscure transactions definitely played an…
OTAVIANO CANUTO 13/08/2012
OTAVIANO CANUTO 13/08/2012 Aperipê TV Published on Sep 4, 2012 Otaviano Canuto, vice-presidente do Banco Mundial para Redução da Pobreza e Gestão Econômica, visita seu estado natal, Sergipe, no Dia…
Goodbye Financial Engineers, Hello Political Wonks
This week marks the fifth anniversary of the global financial crisis. Five years ago, the world of finance was shocked when BNP Paribas announced a freeze of three of…
Harnessing Trade Opportunities for Growth and Development
Capital Finance International, autumn 2012 The pace of global trade integration over the past two decades has been extraordinary. Trade has been a key driver of global growth, convergence,…
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