Connecting Wagons: Why and How to Help Lagging Regions Catch Up
If it weren't for the economic performance of China, Brazil and other emerging markets, the global economic slump following the 2008 financial crisis would have been much worse. Not by chance,...
View ArticleIt’s Jobs, Stupid!
The World Bank has been tracking the world's progress against poverty since the late eighties, but the release of 2008 data was the first time in which all regions of the developing world showed a...
View ArticleBrazilian Competitiveness: Folia and Hangover
As the Carnival in Brazil kicked off last weekend, Brazilians were ready for a party. They have reasons to celebrate. Despite a lackluster GDP performance in the last two years, unemployment rates...
View ArticleChina: The Morphing Dragon
The Chinese economy has changed dramatically over the last three decades. While its per-capita income was only a third of that of Sub-Saharan Africa in 1978, it has now reached an upper-middle income...
View ArticleDevelopment Banks and Post-Crisis Blues in Investment Finance
International long-term private finance to developing countries has changed dramatically in the wake of the global financial crisis. Caught in “post-crisis blues”, as my World Bank colleagues Jeff...
View ArticleResource-Backed Investment Finance in Least Developed Countries
In recent decades, Least Developed Countries (LDCs) have been using their natural-resources as collateral to access sources of finance for investment, countervailing the barriers they face when...
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