Deindustrialisation and Development
While manufacturing played a key role in some countries’ development, high growth can be sustained without relying primarily on manufacturing. […]
Emerging Economies
Is Manufacturing Still a Key to Growth?
Manufacturing is declining as a share of GDP not only in advanced countries, but in developing countries as well. This new trend, a result of complex forces, should be seen on balance as a reason for development-optimism, not pessimism. […]
The Global Economy and China: The View From a Mountain Top
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. […]
Emerging nations and the return of geopolitics—First Roundtable
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. […]
The End of Convergence?
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. […]
Brazil’s Economic Future
The prospects for Brazil’s economy will depend on the vigor with which the next government will pursue policies that remedy the problems that have so far held it back. […]
The Decline of the Bretton Woods Institutions
The IMF, the World Bank, and the World Trade Organization are now in rapid and unmistakable decline, which can only be reversed by a major shift in approach by their political masters. […]
Potential Responses to Mega-regionals by Excluded Countries
The TPP and TTIP intend to reshape world trade rules for the 21st century. However, the negotiations exclude some 160 countries, which are home to over 80 percent of the world’s population. […]
The World Economy and Emerging Markets: Key Challenges and Policy Options
This seminar consists of three modules. Its broad objective is to provide the participants with deep insights on the current state of the global economy and its economic and policy implications for emerging and developing countries. […]
Emerging Markets Will Not Sink the World Economy
The difficulties of emerging nations are unlikely to become so severe as to endanger the global recovery. […]