Food Prices, Financial Crisis and Droughts
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…
Small Is Beautiful in Job Creation
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…
The Doha Round: Much More than Market Access
Last week, world leaders gathered in Cannes, France to discuss the future of the global economy. Key on the agenda were issues surrounding the European sovereign debt crisis, new…
Food Prices and the 7 Billionth Baby
Turmoil is not solely circumscribed to Wall Street and stock markets around the world. Volatility is also affecting global food prices, and with them, millions of people in developing…
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…
On multilateral trade negotiations
Keynote speech at the "2011: VII Symposium: Trade Policy under a New Reality", October 14, 2011 Watch video here
Foreword – Euromoney Emerging Markets Handbook 2012
Globalisation has created interdependencies between EMEs and advanced economies (AEs) that are here to stay, and will continue to count heavily on the economic outcomes of both groups. Understanding and taking action on those two factors as they develop will be essential for policy makers and investors. Differentiation among EMEs in their potential for continuous growth and stability will depend on those actions.
The port at Tema, Ghana, June 16, 2006. (Photo by Jonathan Ernst)
Trade Finance and the Financial Crisis
As the 2008-9 financial crisis spread from its epicenter in the United States to the rest of the world, policy makers found themselves in uncharted waters. The effects of…
World Bank’s flagship report makes case for investment in women
World Bank's Flagship Report Makes Case for Investment in Women The Guardian | September 19, 2011 Creating better oppportunities for women and girls makes good economic sense and increases development…
Port of Rades
Economic Integration: A Quasi-Common Economy Approach
Europe and Asia provide two different models of integration and growth. The former relied on political willpower to create a unified common market; the latter based its integration on…
Who SEZ One Size Fits All?
From Singapore to Shenzhen, Special Economic Zones—SEZs for short—have helped underpin the rapid export-oriented growth of East Asia. In an effort to replicate these sleepy-fishing-village-turn-thriving-metropolis success stories, many countries…
Shadow sovereign ratings
VoxEU Sovereign ratings are important for countries to access international capital, but even today 58 developing countries are not rated by Standard and Poor’s, Moody’s, or Fitch. This column…
Asia and South America: A Quasi-Common Economy Approach
The Asian style of regional integration may be seen as a “quasi-common economy” that eschews a formal linkup in political or monetary terms, but manages to generate similar results…
Credit Ratings Matter for Those Who Need Them Most
Debt and credit ratings keep making headlines. But for a moment, forget about their impact in the U.S. and Europe, where an abundant set of economic data exists both…
Gender and Trade
Gender inequality and discrimination can affect many areas of life, from a women’s access to basic health services to her prospects for education and future earnings. Accordingly, in order…
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