Otaviano Canuto, World Bank: Can Services Replace Manufacturing as an Engine for Development?

Manufacturing expansion has been a vehicle for job creation, productivity increases, and growth in non-advanced economies since the second half of the last century. First in Latin America, followed by Asia, and a renewal of production systems in Eastern Europe,

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UNCDF: Bringing New Parties to the Table – Engaging the Private Sector to Drive Investment into Least Developed Countries

It is widely understood that the world is falling far short of the funding flows required to achieve the Sustainable Development Goals, particularly in the world’s 47 poorest countries, known as Least Developed Countries. The financing gap is estimated at

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Otaviano Canuto, World Bank: Overlapping Globalisations

Current technological developments in manufacturing are likely to lead to a partial reversal of the wave of fragmentation and global value chains that was at the core of the rise of North-South trade from 1990 onward. At the same time,

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Kristalina Georgieva, CEO of the World Bank: Empowering Communities

Worldwide, around 500 million people live in “fragile situations,” mostly caused by armed conflict. Climate change threatens to add another hundred million or so people to that tally by 2030 – just thirteen years from now. And of the 800

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Otaviano Canuto, World Bank: The Metamorphosis of Financial Globalisation

After a strong rising tide starting in the 1990s, financial globalisation seems to have reached a plateau since the global financial crisis. However, that apparent stability has taken place along a deep reshaping of cross-border financial flows, featuring de-banking and

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G20: Challenges in Shaping an Interconnected World

Expertly ducking a potentially traumatic Trump (hand)shake by shooting past the US president to his wife Melania, Polish first lady Agata Kornhauser-Duda perhaps unwittingly set the tone for the annual G20 summit – showing Mr Trump his place in the

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Evan Harvey, Nasdaq: A Short-Term Look at Long-Term Growth – The Expert Outlook on 2017

Given the rapidly changing state of our global economic and political picture, it can be daunting to integrate sustainability strategies into business practices. This has ever been the case, but perhaps the tension between short-term deliverables and longer-term principles is

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Otaviano Canuto, World Bank: Global Imbalances on the Rise

Discussions around large current account imbalances among systemically relevant economies as a direct threat to the stability of the global economy vanished in the aftermath of the global financial crisis. As the crisis originated in the US financial system –

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Davos: Growing Awareness of Growing Unease

William F Browder of Hermitage Capital Management has been a Davos regular for over twenty years, unfailingly embarking every January on a pilgrimage to the Swiss resort town to mingle with his peers, swap experiences, and ponder the challenges ahead.

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Gavin Wilson, CEO IFC AMC: Mobilising Private Capital for Sustainable Development

Building and upgrading the infrastructure to underpin sustainable development in emerging markets and elsewhere requires additional investments estimated at around one trillion dollars annually. To support expected economic growth rates, and meet the UN’s Sustainable Development Goals (SDGs), the McKinsey

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