Blog

Asia’s Poor Increase by One-Billion Overnight

| 16 September 2014
Blog, Trade | Tags: G20, IMF, Poverty, Trade, WTO
The news has been exceptionally bad recently: carnage in the Middle East, race riots in the US, ongoing recession in the Eurozone and Japan, tension in the South China Sea, high youth unemployment virtually everywhere, the Ebola epidemic and so on and so depressingly forth. ... continue reading

Growth Escalators and Growth Convergence

| 5 September 2014
Blog, Trade | Tags: Development, Services Trade
This article was first published on VoxEU.org and is republished with permission. The literature on global growth convergence and divergence is vast and deep. And it is still evolving. Some have argued that global growth is actually diverging across countries. Pritchett (1977) called this “divergence, ... continue reading

TTIP and Jobs: Does the Emperor Have Clothes?

| 21 August 2014
Blog, Trade | Tags: Employment, Services Trade, TTIP
With negotiations of the Transatlantic Trade and Investment Partnership (TTIP) in full swing, policymakers across the Atlantic are reiterating calls for more support of an agreement.  In the wake of increasing public criticism of the plans for a deal, notably in Europe, policymakers are under ... continue reading

Does Inflation Really Hurt the Poor More than the Rich?

| 26 May 2014
Blog, Monetary | Tags: Inequality, Inflation
After being neglected for decades, income and wealth inequality are back at the center of economic discussions. Recent work by the IMF, renowned economists like Joseph Stiglitz (e.g. in his book “The Price of Inequality”), as well as the lively debate generated by Thomas Piketty’s ... continue reading

Bali Boost: WTO Lives, Snatched for Now From Jaws of Defeat

| 23 December 2013
Blog, Trade | Tags: WTO
It would be churlish not to congratulate the WTO and especially Roberto Azevêdo, its dynamic director-general, for successfully passing a “Bali package” at the Indonesian resort well past the 11th hour on 7 December. The WTO Doha Round, launched in the Qatari capital in 2001, ... continue reading