The inclusion in the agreement of commitments regarding food security, environmental sustainability, adherence to the Paris Agreement, labor rights, rights of indigenous communities and others strengthen a Brazilian association to the European style of "globalism", assuaging fears widespread abroad that the country would turn to opposite directions after Brazil’s President Bolsonaro came to government.
Instead of "rule of (multilateral) law", the US's bilateral handling of its super-strong market condition (24 percent of global GDP) more closely resembles a “law of the jungle” where the stronger imposes with force its will on the weaker.
The US-China trade truce will become a time-out or an armistice pending on China's response regarding technology policy The trade truce between the United States and China, announced…
Baylor regent, former Walmart CEO: Businesses must create own path By MIKE COPELAND Nov 6, 2018 Business must chart its own path and not become captive to the vagaries…
08 August 2018 The Brazilian economy pays a price in terms of productivity foregone because of its lack of trade openness. A trade opening process would bring an adjustment…
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…
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…
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.
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…
GLOBALISATION SERIES: FUTURE OF TRADE AND PROTECTIONISM Tue 24 Oct 2017 OMFIF Focus Podcast – Globalisation series: ‘Future of trade and protectionism’. Otaviano Canuto, executive director of the World Bank,…
Otaviano Canuto, World Bank on Trade and Governanceat SOAS University of London. https://www.facebook.com/econ.plus/videos/1436406076414654/
Financial markets seem to believe that president-elect Trump can deliver higher growth and inflation, as manifested in the rotation from bonds to equities. At the same time, the shock waves already felt by assets abroad may be a harbinger of the bumpy and treacherous journey ahead.
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.
Project Syndicate Prospects for growth in global trade in 2016 and 2017 have been downgraded again. The World Trade Organization (WTO) now expects that trade this year will increase…
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…