Dealing with Dutch disease
Vox EU The recent boom in primary commodity prices has once more stimulated interest in the issue of “Dutch Disease” – the changes in a country’s structure of production expected…
The World’s Worst Economies
Jun 9, 2010 The World's Worst Economies Ghana has the world's largest manmade lake and the 1-gigawatt Aksombo Hydroelectric Plant, built to supply electricity to Africa's largest aluminum smelter.…
On the relevance of trade for development
On the relevance of trade for development World Bank Trade Strategy tradewbvideo Published on May 5, 2010 https://youtu.be/FO5gudWN7EI
Paul Collier and his Plundering Planet: When Both Economists and Environmentalists Don’t Get it Right
Do you remember The Bottom Billion, Paul Collier’s 2007 book which became a classic? If you do, you will certainly like his latest work, The Plundered Planet. He came to launch…
My Own View on Women
On Monday, the world marked International Women’s Day. As a husband and father of strong, wonderful women, I am always very much aware of the occasion. But as the Vice…
Export-Led Growth v2.0
The U.S. recession could hurt the South, particularly in oil and apparel exports, and Latin America and the Caribbean. But South-South trade is partly picking up the slack. Middle-income countries…
Stiglitz’s New Book and the Developing Countries
Joe Stiglitz, Nobel Laureate and former World Bank Chief Economist, is out again making headlines. This time because of his new book Freefall - America, Free Markets and the Sinking of the…
Natural Resources and Development Strategy after the Crisis
Recent events have rekindled interest in the role of primary commodities in development. Was the boom in commodity prices from around 2003 through 2008 just a cyclical event, or…
Don’t Blame Mother Nature
As my World Bank colleague Milan Brahmbhatt and I observed in a recent note, primary commodity exports remain crucial for most developing countries. When one takes a simple average across…
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