Benefits and Costs of Opening Brazil’s Foreign Trade

The Brazilian economy pays a price in terms of productivity foregone because of its lack of trade op... Continue Reading

Otaviano Canuto

Executive Director, World Bank

August 10, 2018

Global imbalances and currency bullying

The IMF released last July 24 its latest assessments of the current account balances for the 30 larg... Continue Reading

Otaviano Canuto

Executive Director, World Bank

July 30, 2018

Emerging markets face multiple tantrums

The addition of a fourth US rate rise to the Federal Reserve’s 2018 dot-plot graph after the June ... Continue Reading

Otaviano Canuto

Executive Director, World Bank

July 4, 2018

Argentina, Turkey and the May Storm in Emerging Markets

Why Argentina and Turkey suffered most from currency runs in May? These economies can be singled out... Continue Reading

Otaviano Canuto

Executive Director, World Bank

June 4, 2018

Climbing a tall knowledge ladder

The April issue of the IMF’s “World Economic Outlook” included a chapter on how globalization ... Continue Reading

Otaviano Canuto

Executive Director, World Bank

May 10, 2018

The Double Side of the Fed’s Balance Sheet Unwinding

One needs to go beyond monetary policy dynamics to gauge the ultimate impact of the Fed’s balance ... Continue Reading

Otaviano Canuto

Executive Director, World Bank

April 19, 2018

The World Bank as Hummingbird: Leveraging Knowledge for Development Finance

Through sustained partnership, two-way exchange, and incubating transformational ideas and research,... Continue Reading

Otaviano Canuto

Executive Director, World Bank

April 3, 2018

Development through gender equality

Gender inequality is a strong deterrent to prosperity, as evidence from emerging markets and develop... Continue Reading

Otaviano Canuto

Executive Director, World Bank

March 7, 2018

New political economy of micro-stability

There is room for a conceptual discussion of how relatively well-worn notions of macro-stability rel... Continue Reading

Otaviano Canuto

Executive Director, World Bank

February 14, 2018

Can services replace manufacturing as an engine of development?

Horizontal productivity and competitiveness factors that were crucial for a broad and deep manufactu... Continue Reading

Otaviano Canuto

Executive Director, World Bank

January 23, 2018

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