CFI.co | Search results Otaviano Canuto

Search Results for ""

Otaviano Canuto, World Bank Group: Liquidity Glut, Infrastructure Finance Drought and Development Banks

The world economy faces huge infrastructure financing needs that are not being matched on the supply side. Emerging market economies, in particular, have had to deal with international long-term private debt financing options that are less supportive of infrastructure finance.

Otaviano Canuto, World Bank Group: Commodity Super Cycle to Stick Around a Bit Longer

Some analysts have predicted that the commodity price boom has played itself out. However, natural resource-based commodity prices (with the exception of shale gas and its downward pressure on US natural gas prices) have remained relatively high over the last

Otaviano Canuto, World Bank Group: Macroeconomics and Stagnation – Keynesian-Schumpeterian Wars

Policy makers in the advanced economies at the core of the global financial crisis can make the claim that they prevented a new “Great Depression”. However, recovery since the outbreak of the crisis more than five years ago has been

Otaviano Canuto, World Bank Group: Walking on the Wild Side – Monetary Policy and Prudential Regulation

Global financial integration and the linkages between the financial and the real sides of economies are sources of huge policy challenges. This is now beyond doubt, after what we saw in the run-up to and the unfolding of the 2008

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

Otaviano 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

The Two-Tier Tariff: Washington Prices Labour Standards into Trade

The Section 301 action that took effect on 24 July prices a social standard into trade policy for the first time: 10 per cent for economies that ban forced-labour imports, 12.5 per cent for those that do not, and a

China’s Economic Growth is On-Target Despite Challenges

The IMF World Economic Outlook recently released a projection of China’s economic growth of 4.6 percent and 4.1 percent for this year and next. In 2023, after the economic reopening with the end of the “Covid-zero” policy, the rate was

How Will Artificial Intelligence Affect the Economy?

Artificial intelligence (AI) is the name given to the broad spectrum of technologies by which machines can perceive, interpret, learn, and act by imitating human cognitive abilities. Automation was created to better fulfill repetitive tasks, increasing productivity. AI, with its

Whither China’s Belt and Road Initiative?

The Belt and Road Initiative (BRI), launched by Xi Jinping, passed its tenth anniversary in 2023. It has entered a third phase. The initiative added a label to China’s financing and construction of infrastructure abroad, which had already totaled more