News & Research Archive

Major Themes of the Annual Meeting in Bali
The IMF and World Bank Group had their Annual Meeting in Bali in mid-October amid a growing global sentiment of uncertainty and unease. Just a week before, the IMF lowered its global growth forecast to reflect the impact of impending trade wars, this just after the Fund had finally been able to paint a more positive picture after the dismal outlook over the period 2010-2017...
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Inclusive Growth or Else
The decision to place inequality at the center of the discussion at Davos this year was a promising development. But actual solutions remain undeveloped, and concern about widening economic disparities within many countries remains inadequate, which must change if the current global economic recovery is to continue. More creative public policies to deal with rising inequality need the support...
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How a Female-Focused development Strategy Might Work
The Canadian government has taken a bold step in re-positioning its development assistance policy to focus on women. Exactly how this will be implemented and squared with other Canadian foreign policy goals is not yet clear — but two things do stand out. First, success will depend on identifying the binding constraints to women’s economic empowerment in specific countries...
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Industrial Policy Revisited
Industrial policy has always been controversial and practiced by many countries in some fashion or other. The development experience that most exemplifies successful industrial policy (IP) is that of South Korea, where despite its excesses and negatives, it was part of a package of successful policies pursued by a government-led development strategies.
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Trade is Slowing Down: What Does This Imply for Globalization?
As is widely reported by the IMF and others, global trade is growing at a far slower pace since 2012 than at any time in the previous 30 years. This is all the more worrying since economic growth itself has been anemic since the Great Recession and current forecasts are not terribly ebullient. What can we expect and how will domestic forces shape the future of globalization.
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