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Turning Promises Into Reality – The Business Case for Gender Equality in Achieving the SDGs

By Paula Tavares and Otaviano Canuto ­ As world leaders gathered this month for high-level talks at the 74th United Nations General Assembly, pressing global issues were at the forefront of discussions, including progress toward the 2030 Agenda and the

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Joseph Stiglitz: Thumbs Down to Facebook’s Cryptocurrency

Facebook and some of its corporate allies have decided that what the world really needs is another cryptocurrency, and that launching one is the best way to use the vast talents at their disposal. The fact that Facebook thinks so

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Mohamed A El-Erian: America’s Unusual Recovery is Now Also its Longest

Data released over the next few months will show that the current US economic expansion is the longest on record. But while the United States continues to outperform other advanced economies, this success has yet to dispel many Americans’ persistent

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Otaviano Canuto, Center for Macroeconomics and Development: Is There a Middle-Income Trap?

The “middle-income trap” has become a broad designation trying to capture the many cases of developing countries that succeeded in evolving from low- to middle-levels of per capita income, but then appeared to stall, losing momentum along the route toward

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Otaviano Canuto, Center for Macroeconomics and Development: How to Heal the Brazilian Economy

If I were to encapsulate the current situation of the Brazilian economy in one sentence, I would say: “It is suffering from a combination of ‘productivity anemia’ and ‘public sector obesity’”. On the one hand, the country’s mediocre productivity performance

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Evan Harvey, Nasdaq: Next-Gen ESG – Going Beyond the Basics

For many years, investors have been searching for more perfect sources of non-financial information: data that may not be on the balance sheet, but still offer material and relevant insight into business value. First, they looked at corporate governance practices

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Nouriel Roubini and Brunello Rosa: The Makings of a 2020 Recession and Financial Crisis

As we mark the decennial of the collapse of Lehman Brothers, there are still ongoing debates about the causes and consequences of the financial crisis, and whether the lessons needed to prepare for the next one have been absorbed. But

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Otaviano Canuto, World Bank: Making Returns on Knowledge – How Innovation Can Flow from Globalisation

The April issue of the International Monetary Fund’s World Economic Outlook (WEO) included a chapter on how globalisation has helped technology leaders’ knowledge spread faster. Cross-border technological diffusion has not only contributed to rising domestic productivity levels in advanced and

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Ian Fletcher, IBM: Fourth Industrial Revolution – Positioning for Change

We are living in one of the most transformational times in human history, creating a paradigm shift that will bring change at a speed, scale, and force unlike anything we’ve ever experienced before. This paradigm shift is widely recognised as

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World Bank Group Unveils New Initiatives in Investment Policy and Promotion

For many developing countries, foreign direct investment (FDI) has become the largest source of external finance, surpassing official development assistance, remittances, or portfolio investment flows. In 2016, more than 40% of the nearly $1.75 trillion of global FDI flows was

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