In their 75 years of existence, the twin institutions born at the Bretton Woods Conference have undergone adaptation and transformation in response to the evolution of the world economy and the challenges it has posed to them. They will have to mutate and adapt to operate in a context of institutional fragmentation and possible arm-breaks between shareholders/members to continue fulfilling their missions.
China’s economic growth has been in a downslide trend since 2011, while its economic structure has gradually rebalanced toward lower dependence on investments and current-account surpluses. Steadiness in that trajectory has been accompanied by rising levels of domestic private debt, as well as slow progress in rebalancing private and public sector roles. As the ongoing trade war with the US continues to unfold, it remains unclear at which growth pace China’s rebalancing will tend to settle.
Last December, Eric Ntumba and I were asked by the organizers of the 7th Atlantic Dialogues whether we could see spots of vulnerability to shocks in the global financial…
“Teach a parrot the terms ‘supply and demand’ and you’ve got an economist.” That parrot can explain to us what is happening with commodity prices (Chart 1, left side).…
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.…
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…
Enlarge Chart There is a sizeable gap between the world economy's infrastructure needs and available financing. The shortfall is especially pronounced in emerging markets. Infrastructure investment has fallen short…
There is a sizeable gap between the world economy’s infrastructure needs and available financing. The shortfall is especially pronounced in emerging markets. Infrastructure investment has fallen short of what is needed to support…
APRIL 17, 2017ECON+ brings you an exclusive interview with Otaviano Canuto, Executive Director at the World Bank. Otaviano weighs in on the current role of the World Bank,…
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…
The world economy faces huge infrastructure financing needs that are not being matched on the supply side. Emerging market economies, in particular, have had to deal with international long-term…
Capital Finance International, summer 2014 Some analysts have predicted that the commodity price boom has played itself out. However, natural resource-based commodity prices (with the exception of shale gas…
Brazil's Economic Identity: Motivations and Expectations Center for Strategic & International Studies Published on Jul 17, 2014 Featured Remarks by: Otaviano Canuto Senior Advisor on the BRICS Economies Development Economics…
IÉSEG - Dr. Otaviano Canuto on emerging markets in the global economy IÉSEG School of Management Published on Mar 17, 2014 Otaviano Canuto who is the Senior Adviser on BRICS…
The global economy looks poised to display better growth performance in 2014. Leading indicators are pointing upward – or at least to stability – in major growth poles. However, for this to translate into reality policymakers will need to be nimble enough to calibrate responses to idiosyncratic challenges.