Policy Briefs Archive

Resurgent Capital Flows to Developing Countries: Policies to Improve Their Impact
Resurgent Capital Flows to Developing Countries: Policies to Improve Their Impact
This policy note comments on the resurgence of capital inflow controls and suggests that in many cases, greater reliance on the foreign exchange market may be more effective in limiting volatile hot-money inflows and disruptions.

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How China is Forging a New Green Industrial Model
How China is Forging a New Green Industrial Model
China—and to some extent Brazil and India (which we may christen the BICs)—are staging a ”Great Convergence” in terms of industrial strength and incomes. This reverses the past two centuries of the Great Divergence, which has separated them from the West. In the process, the BICs are lifting millions of people out of poverty.
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The Changing Landscape of Innovation after the Economic Crisis: Notes from the Paris Symposium
The Changing Landscape of Innovation after the Economic Crisis: Notes from the Paris Symposium
The Changing Landscape of Innovation after the Economic Crisis: Notes from the Paris Symposium
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The Competition between Western Capitalism and State Capitalism as Drivers of Economic Growth
The Competition between Western Capitalism and State Capitalism as Drivers of Economic Growth
The competition between state-led capitalism and market-dominated capitalism is reaching a decisive stage. The state capitalists are growing faster, investing more, and following a clear strategy that is leading to a larger share of world output and income.
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The Changing Geography of Innovation: The Rise of the BICs—Challenges and Opportunities
The Changing Geography of Innovation: The Rise of the BICs—Challenges and Opportunities
Much of this changing geography of innovation and growth is the result of the emergence of the BICs—Brazil, India, and China
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