Author: Otaviano Canuto
Back to homepageOtaviano Canuto
Otaviano Canuto, based in Washington, D.C, is a senior fellow at the Policy Center for the New South, a nonresident senior fellow at Brookings Institution, a professor affiliate at UM6P, a professorial lecturer of international affairs at the Elliott School of International Affairs – George Washington University, and principal at Center for Macroeconomics and Development. He is a former vice-president and a former executive director at the World Bank, a former executive director at the International Monetary Fund and a former vice-president at the Inter-American Development Bank. He is also a former deputy minister for international affairs at Brazil’s Ministry of Finance and a former professor of economics at University of São Paulo and University of Campinas, Brazil. Otaviano has been a regular columnist for CFI.co for the past 10 years.
Otaviano Canuto, World Bank Group: China, Brazil – Two Tales of a Growth Slowdown
China and Brazil are both facing a growth slowdown, as compared to the period prior to the global financial crisis. They were both able to respond with aggressive anti-cyclical policies to the post-Lehman quasi-collapse of the global economy. In both
Read MoreOtaviano Canuto, World Bank Group: Fiscal Policy Redux
As part of their response to negative shocks coming from advanced economies after the Lehman Brothers’ collapse in 2008, most developing countries resorted to countercyclical fiscal policy. Such a policy choice was available to many developing economies that entered the
Read MoreWorld Bank Group’s PREM: Harnessing Trade Opportunities for Growth and Development
The pace of global trade integration over the past two decades has been extraordinary. Trade has been a key driver of global growth, convergence, and poverty reduction. During 1983–2010, global trade grew twice as fast as gross domestic product (GDP).
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