What Should Be Done About the Great Trade Slowdown?
Policymakers must continue to guard against protectionism, and also deepen their country’s connections to the world through better transport, communications, and Internet links. […]
Policymakers must continue to guard against protectionism, and also deepen their country’s connections to the world through better transport, communications, and Internet links. […]
The short-term China risk must be watched,but the likelihood of a major economic crisis in China spilling over onto the rest of the world and derailing the global recovery is low. […]
China’s very high rates of saving and investment in infrastructure, plants and equipment, research and development, and human capital should be seen more as a source of strength than of weakness. […]
A slowing global economy has uncovered wide disparities in performance across developing countries. Meanwhile, in 2014, growing tensions among large nations have elicited concerns about the return of geopolitics. […]
Convergence, the narrowing of the income gap between poor and rich countries, is one of the great stories of our time. A recent report shows that convergence has slowed in recent years, and that productivity in developing countries is not rising rapidly enough in key sectors. […]
The difficulties of emerging nations are unlikely to become so severe as to endanger the global recovery. […]
The economic convergence of large parts of the developing world with the advanced nations is the great story of the modern era. […]
2014 will be a year of global economic recovery—but only for some. And the perception of economic stagnation may trump the reality of economic growth. […]
The nature of global trade has transformed and adapted greatly since the stalled Doha Round of the World Trade Organization. […]
The Asia and the Pacific region continues to be the global growth leader even as it faces significant development challenges and downside risks. […]
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