Brazil’s future hinges on the implementation of smart, gradual, and coherent economic reforms that facilitate productivity growth and put the country on the path toward fiscal sustainability. Whoever wins the upcoming election has a responsibility to address that imperative.
The Brazilian economy is suffering from a combination of ‘productivity anemia’ and ‘public sector obesity’
Dollar strengthening and political uncertainty impair emerging markets
The diffusion of knowledge and technology worldwide in recent decades has brought important changes to the global innovation landscape. But those changes could be much more profound if countries created more supportive investment environments.
3 July 2018 - Otaviano Canuto How innovation can flow from globalisation il issue of the International Monetary Fund's World Economic Outlook included a chapter on how globalisation has…
FINANCIAL STABILITY SERIES: MONETARY INSTABILITY IN ARGENTINA Mon 4 Jun 2018 OMFIF Focus Podcast – Financial stability series: ‘Monetary instability in Argentina.’ Otaviano Canuto, executive director at the World…
Argentina and Turkey combine balance-of-payments fragility and exposure to dollar appreciation
What are the effects of disruptive technologies on global trade? To help us understand the economics in the tech revolution, we interviewed Otaviano Canuto, a Brazilian economist and Executive…
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…
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.…
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…
As a growth strategy for low-income countries, the efficacy of traditional manufacturing is waning. To compete in the technology-driven global economy of the future, developing countries will need new models to increase productivity and put people to work.
The slowdown in Latin America since 2012 has been accompanied by weak and slightly decelerating potential growth, reflecting sluggish productivity, scarcity of fixed investments and demographic changes. Positive global economic prospects for 2018, the regional cyclical recovery, and policy initiatives to lift productivity are presenting Latin America's leaders with the opportunity to alter that trajectory.
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.
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…