March Madness or Spring Awakening?
APEC and New Beginnings in TradeThe first Senior Officials’ Meeting (SOM I) of Asia-Pacific Economics Cooperation (APEC) concluded earlier this month in Washington D.C. The APEC 2011 agenda now swings...
View ArticleProtecting the vulnerable during crisis and disaster: Part II Ethiopia’s...
The following post is a part of a series that discusses 'managing risk for development,' the theme of the World Bank’s upcoming World Development Report 2014. Despite more than 19 episodes of severe...
View ArticleJason Furman speaks on inclusive growth in the US
Jason Furman, appointed by President Barack Obama as the Chairman of the Council of Economic Affairs, spoke yesterday at the World Bank about inclusive growth in the US. Furman said that average...
View ArticleInvestment slump clouds growth prospects
Investment growth in emerging market and developing economies has tumbled from 10 percent in 2010 to 3.4 percent in 2015 and was below its long-term average in nearly 70 percent of emerging an...
View ArticleTrade has been a global force for less poverty and higher incomes
In the ongoing debate about the benefits of trade, we must not lose sight of a vital fact. Trade and global integration have raised incomes across the world, while dramatically cutting poverty and...
View ArticleUnequal opportunity, unequal growth
Inequality can be both good and bad for growth, depending on what inequality and whose growth. Unequal societies may be holding back one segment of the population while helping another. Similarly,...
View ArticleU.S. post-crisis trade weakness in 4 charts
Trade growth has slowed sharply since the 2007-2009 financial crisis. An analysis of U.S. trade data shows that trade between unaffiliated firms (arm’s-length trade) – as opposed to trade between firms...
View ArticleShould emerging markets worry about U.S. monetary policy announcements?
Emerging economies are routinely affected by monetary policy announcements in the US. This was starkly evident on May 22, 2013, when Federal Reserve Chairman Ben Bernanke first spoke of the...
View ArticleDidn’t make it to our trade research conference? Here’s what you missed
What would bring together the China trade shock, road blocks in the West Bank, and the Belt and Road initiative? The 6th Annual IMF-World Bank-WTO Trade Research Conference, at which staff of the...
View ArticleMigration: The future depends on our actions today
Around 250 million migrants currently live outside their countries of birth, making up approximately 3.5 percent of the world population. Despite the widespread perception of a global migration...
View ArticleTest for what and what to test
“If you cannot measure it, you cannot improve it” Lord Kelvin Despite the recent proliferation of standardized testing in education, there is still a significant number of countries that oppose it....
View ArticleA school is not a factory: Why teacher specialization in early grades may not...
In chapter 1 of book 1 of Adam Smith’s foundational economics book, The Wealth of Nations, he explains the concept of the division of labor. He uses the example of a pin factory. To take an example,...
View ArticleU.S. market access generated jobs in manufacturing and services and reduced...
Amid the recent rise of populism and protectionism, the labor market implications of trade have increasingly moved to the center of political and economic debates. Autor et al (2013), in an influential...
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