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Otaviano Canuto, Center for Macroeconomics and Development: China’s Rebalancing Act is Slowly Addressing Sliding Growth Figures
China’s economic growth has been sliding since 2011, while its economic structure has gradually rebalanced toward lower dependence on investments and current-account surpluses. Steadiness in that trajectory has been accompanied by rising levels of domestic private debt, as well as
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UAE Backs China’s One Belt One Road Initiative at Annual Investment Meeting
His Excellency Abdulla Al Saleh, Undersecretary for Foreign Trade Ministry of Economy UAE stated,“ Trade activities to amount to $ 33 billion dollars between the UAE and China.” Dubai, United Arab Emirates, 9th April 2019: The UAE is set to
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Over 1,700 Projects Worth USD 1tn Fall Under China’s Ambitious One Belt, One Road Initiative (OBOR)
Annual Investment Meeting 2019 to host AIM-OBOR Forum With more than 1,700 projects worth USD 1 trillion, China’s ambitious One Belt, One Road Initiative aims to positively impact 4.4 billion people, or 65 percent of the world’s population that equals
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Financial Centres Promote Economic Development: AIFC Goes for Growth by Backing SMEs Globally
International Financial Centres (IFCs) are a necessary component of national and global economic growth. And increasingly, it is co-operation between IFCs, rather than competition, that drives the development agenda of the world’s established and emerging financial centres. As the Astana
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Nepal Minister of Industry, Commerce, and Supplies: Matrika Prasad Yadav on the Agenda for Prosperity and Catching Global Attention
Nepal should aim for annual GDP growth of at least 7% – and sustain that pace for 12 years – if it wishes to join the growing group of middle-income countries. The World Bank’s most recent Nepal Development Update, released
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IFC on Climate Smart Investment: A Gateway for Green Growth in South Asia
Today in India, with a tap of a smartphone, a manufacturer instantly books shipping services for his/her goods through a virtual marketplace. BlackBuck’s online platform has rapidly grown to connect over 350 shippers with a network of over 80,000 freight
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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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FMO: Unlocking Scale Potential of Green Bonds in India – Lessons from Global Markets
The global green bonds market has gone from strength to strength in recent years, with issuance for 2017 already exceeding $100bn, some $20bn more than the total issuance in 2016 and the first time this benchmark has been breached. According
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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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