Climbing a tall knowledge ladder
08 May 2018 - Otaviano Canuto The April issue of the IMF’s “World Economic Outlook (WEO)” included a chapter on how globalization has helped knowledge from technology leaders spread…
ECON+ China’s Grand Strategy In A Changing World
It is with great pleasure that ECON+ brings you another conversation with Otaviano Canuto, Executive Director at the World Bank, to continue this series of interviews on the global economy.…
Can Services Replace Manufacturing as an Engine for Development?
19 April 2018 - Otaviano Canuto Manufacturing expansion has been a vehicle for job creation, productivity increases, and growth in non-advanced economies since the second half of the last…
Impactos negativos da guerra comercial entre China e os EUA geram pressão por diálogo
O GLOBO Impactos negativos da guerra comercial entre China e os EUA geram pressão por diálogo Reação chinesa e turbulência nos mercados podem provocar a negociação entre dois países. Henrique…
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…
Overlapping Globalizations
Current technological developments in manufacturing are likely to lead to a partial reversal of the wave of fragmentation and global value chains that was at the core of the rise of North-South trade from 1990 onward. At the same time, China – the main hub of the global-growth-cum-structural-change of that period – may attempt to extend the previous wave through its One Belt, One Road initiative.
ECON+ Overlapping Globalizations
It is 2018 and ECON+ is delighted to start the year off with another fantastic conversation with Otaviano Canuto, Executive Director at the World Bank, to continue this series of…
China and the new phase of trade expansion
Technological advances and the removal of trade barriers have generated sustained trade expansion over the last three decades. The falling cost of shipping and of managing complex production networks…
China e 4ª revolução industrial promovem globalização de forma paralela
A 4ª revolução industrial tende a reverter parte da exportação de empregos de economias avançadas para emergentes. Ao mesmo tempo, através da iniciativa “one belt, one road” –conhecida no…
The Global Economy Remains Unbalanced
Global imbalances have not gone away as an issue, as they reveal that the global economic recovery may have been sub-par because of asymmetric excess surpluses in some countries and output below potential in many others. The end of the “era of global imbalances” may have been called too early. Lord Keynes’ argument about the asymmetry of adjustments between deficit and surplus economies remains stronger than ever.
Otaviano Canuto talks about RMB joining SDR basket
It took several years of deliberation before the inclusion of China’s Renminbi in the SDR basket was approved by the International Monetary Fund's board of directors. RMB’s global reserve status also means it will become the first emerging market currency that can be used to settle IMF credits and debts, and the World Bank's Executive Director, Otaviano Canuto, calls the move a "win-win for China and the world."
Desequilíbrios globais em alta
Nos anos que precederam a crise financeira global, a presença de grandes desequilíbrios em conta corrente entre economias sistemicamente relevantes foi objeto de intenso debate quanto a constituírem ameaça…
RMB “into the SDR basket” is a win-win situation
https://youtu.be/M7DAi_U65rU And here I speak English at China's CCTV and CNTV on the entry of the Renmimbi into the IMF's SDR basket of currencies Also: [朝闻天下]人民币正式“入篮” 美国 世行执董：人民币“入篮”是双赢_CCTV节目官网-CCTV-13_央视网(cctv.com)…
China’s Spill-Overs on Latin America and the Caribbean
11 August 2016 - Otaviano Canuto The Chinese economy is rebalancing while softening its growth pace. China’s spillovers on the global economy have operated through trade, commodity prices, and…
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…