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Finance & Development June 1, 2006 Anthony Elson |
What Happened? Here's why East Asia surged ahead of Latin America and some lessons for economic policy. |
Finance & Development June 1, 2007 Harry G. Broadman |
Connecting Africa and Asia Improved Asian market access can boost Africa's exports, but Africa needs domestic reforms to fully capture the economic benefits |
Finance & Development June 1, 2001 Paul Streeten |
Integration, Interdependence, and Globalization Although many commentators say we are living in a time of unprecedented global integration, the world economy was actually more integrated at the end of the nineteenth century. Despite increasing integration in some respects, today's world is in many ways fragmented and without coordination... |
Finance & Development December 1, 2006 Gupta & Yang |
Unblocking Trade To underpin growth, Africa needs to adopt a comprehensive approach to boosting trade. Only by adopting a holistic approach can African economies succeed. |
Finance & Development June 1, 2006 Raymond Lim |
Creating a Globally Connected Asian Community As Asia connects to the world, there is every reason to hope that the same principle and structure of a community based on complementary growth and positive competition, held together by overlapping political and economic relationships, can serve as a model for the rest of the world. |
Finance & Development September 1, 2005 Eswar S. Prasad |
Next Steps for China Why financial sector reform is a crucial element of a long-term economic growth strategy. |
Finance & Development March 1, 2000 Claudio M. Loser & Martine Guerguil |
The Long Road to Financial Stability Most countries in Latin America and the Caribbean weathered the economic crises of the late 1990s better than expected, thanks to the policy reforms of the past two decades. Further reform is urgently needed, however, to put the region on a faster growth path and reduce its vulnerability to external shocks. |
Finance & Development June 2011 |
Esprit de Currency The IMF and WTO must pull together to iron out exchange rate policy disputes. |
Finance & Development September 1, 2002 Adhikari & Yang |
What Will WTO Membership Mean for China and Its Trading Partners? After 15 years of arduous negotiations, China became the 143rd member of the World Trade Organization. The opening of an economy as large as China's can be disruptive to some developing countries in the short run, but, in the long run, it should benefit not only China but also its trading partners. |
HBS Working Knowledge March 12, 2014 Sean Silverthorne |
Entrepreneurship and Multinationals Drive Globalization Why is the firm overlooked as a contributor when we identify the drivers of globalization? Geoffrey Jones discusses his new book, Entrepreneurship and Multinationals: Global Business and the Making of the Modern World. |
Finance & Development June 1, 2006 Burton et al. |
Asia's Winds of Change The path that Asian countries have traveled to growth and prosperity in the past 50 years will remain relevant for the future -- the embrace of openness, the commitment to macroeconomic stability, and the drive to adapt and reform in response to changing circumstances. |
Finance & Development September 1, 2007 Li Cui |
China's Growing External Dependence The country's economic fortunes are increasingly tied to those of the global economy. |
Finance & Development December 1, 2006 McDonald et al. |
Enticing Investors To make a serious dent in poverty, Africa must attract more foreign capital. Portfolio investment has the potential to raise market efficiency and deepen financial intermediation while safeguarding financial sector soundness. |
Finance & Development December 1, 2001 Robert Sharer |
An Agenda for Trade, Investment, and Regional Integration The importance of enhancing sub-Saharan Africa's trade performance, which was very weak in the 1980s and 1990s, cannot be overemphasized. |
Finance & Development March 1, 2007 Yaga Venugopal Reddy |
Point of View: Converting a Tiger The Reserve Bank of India's governor offers lessons from the country's gradualist approach to capital account convertibility. |
Finance & Development June 1, 2006 Belaisch & Zanello |
Deepening Financial Ties The combination of favorable economic conditions and a clear commitment to integration can provide a fitting environment in which the policy debate can flourish -- and Asia's financial integration can continue to advance. |
Finance & Development September 1, 2002 Peter D. Sutherland |
Why We Should Embrace Globalization For the first time, many companies are operating on a global basis. Although this change has raised fears among some people in both industrial and developing countries, it offers new and exciting opportunities for raising living standards worldwide. |
IndustryWeek November 1, 2007 Thomas J. Duesterberg |
The Competitive Edge -- Time to End the Global Gridlock Lack of movement in world trade negotiations could be costing U.S. manufacturers half a trillion dollars. |
Finance & Development December 2010 Arora & Vamvakidis |
Gauging China's Influence China's rapid integration and growth are increasingly affecting the rest of the world. |
Finance & Development March 2011 Lora & Pages |
Face-to-Face with Productivity It is not lack of investment but inefficient production that holds back Latin American incomes. |
Finance & Development March 1, 2006 Lane & Milesi-Ferretti |
Examining Global Imbalances What new data tell us about the external wealth of nations. |
Finance & Development June 1, 2001 Reint Gropp & Kristina Kostial |
FDI and Corporate Tax Revenue: Tax Harmonization or Competition? OECD countries with high corporate tax rates have experienced both high net outflows of foreign direct investment and a decline in corporate tax revenue. Identification of a causal link between these two trends has implications for the debate on tax harmonization... |
Finance & Development December 2010 |
Emerging Markets Come of Age These vibrant middle-income countries survived the global recession, but face bumps as they seek to solidify their place in the world economy. |
Finance & Development March 1, 2006 Zagha, Nankani & Gill |
Rethinking Growth Economists are reconsidering what they really know about economic growth and how to go about formulating global national policies in the absence of reliable models. |
Finance & Development June 2010 Anoop Singh |
Asia Leading the Way Asia is moving into a leadership role in the world economy. |
Finance & Development September 1, 2002 Hans Peter Lankes |
Market Access for Developing Countries Poor countries could boost growth and reduce poverty by expanding exports to the rich countries and to each other. But, despite the progress made in trade liberalization under successive multilateral agreements, many barriers persist in both developing and industrial countries. |
Finance & Development December 2011 Eswar S. Prasad |
Role Reversal Emerging economies are less dependent on debt, less vulnerable to volatile investment sentiment, and are rethinking the role of capital flows |
Finance & Development June 1, 2001 Prakash Loungani & Assaf Razin |
How Beneficial Is Foreign Direct Investment for Developing Countries? The resilience of foreign direct investment during financial crises may lead many developing countries to regard it as the private capital inflow of choice. Although there is substantial evidence that such investment benefits host countries, they should assess its potential impact... |
IndustryWeek March 1, 2007 Thomas J. Duesterberg |
The Competitive Edge -- Global Strength Will Boost U.S. Manufacturing Expect to see exports become a source of economic growth for U.S. companies in the near term. |
Finance & Development March 1, 2006 Baily & Farrell |
Breaking Down Barriers to Growth Encouraging competition is key to reviving stalled industrial economies. |
AskMen.com Joshua Ritchie |
India: The New Land Of Opportunity? Looking at India's economic landscape -- the opportunities, government incentives to producers, fastest-growing industries, and what the future holds. |
Finance & Development September 2008 Masood Ahmed |
The Next Frontier Low-income countries gain ground in a globalized world, but they still face major challenges. |
Finance & Development December 2005 |
Book Reviews The United States and the World Economy: Foreign Economic Policy for the Next Decade... The Democracy Advantage: How Democracies Promote Prosperity and Peace... etc. |
Finance & Development March 2008 Wang & Bio-Tchane |
Africa's Burgeoning Ties with China Africa and China have been trading partners for centuries. But in recent years, the level and intensity of their relationship have increased dramatically. |
Finance & Development March 1, 2002 Carmen M. Reinhart & Vincent Reinhart |
Is a G-3 Target Zone on Target for Emerging Markets? Would the exchange rate stability created by a target zone for the world's three most important currencies be in the best interests of emerging market countries? A recent study suggests such stability might come at the price of more volatile interest rates, making this a difficult question... |
HBS Working Knowledge November 6, 2006 Martha Lagace |
How South Africa Challenges Our Thinking on FDI After the fall of apartheid, South Africa accepted the standard prescription for countries to receive more foreign direct investment. Yet FDI has been a mere trickle. Why? The answer may reside in the country's strong corporate environment. |
Finance & Development December 1, 2002 Kenneth S. Rogoff |
Straight Talk Rethinking capital controls: When should we keep an open mind? |
Finance & Development June 1, 2007 Zeti Akhtar Aziz |
Asia's Decade of Transformation The Asian crisis 10 years ago marked not a halt, but the start of a greater role for Asia in the global economy. Since the 1997 crisis, Asian countries have seized the opportunity to undertake significant restructuring and reforms and to strengthen the dynamism and resilience of their economies. |
HBS Working Knowledge September 19, 2005 Mira Wilkins |
A Distinctively Dutch Investment in America The conclusion of an article in which this Florida International University professor and author looks for a distinctively Dutch "style" in where and how multinational enterprises have made investments in the United States. |
Finance & Development June 1, 2006 Charles Kramer |
Asia's Investment Puzzle Despite the recovery in Asia, lingering uncertainty appears to be holding back investment. |
HBS Working Knowledge June 28, 2004 Peter J. Williamson |
What the New Asia Means for Multinationals Asia is remaking itself, and that means important strategic rethinking for Western multinationals doing business there. An excerpt from the new Harvard Business School Press book, Winning in Asia. |
Finance & Development March 1, 2007 Prasad et al. |
The Paradox of Capital Is foreign capital associated with economic growth and, if not, why does it flow 'uphill'?. |
HBS Working Knowledge July 30, 2008 Mihir A. Desai |
Why the U.S. Should Encourage FDI American financial executives are courting foreign direct investors, particularly sovereign wealth funds, for new investments. Should these investments draw increased scrutiny from U.S. regulators? Economics says that FDI should be encouraged. |
Finance & Development March 1, 2007 Kose et al. |
Financial Globalization: Beyond the Blame Game A new way of looking at financial globalization -- the phenomenon of rising cross-border financial flows -- reexamines its costs and benefits. |
Finance & Development March 1, 2001 Ashoka Mody & Shoko Negishi |
Cross-Border Mergers and Acquisitions in East Asia: Trends and Implications Mergers and acquisitions across national borders have increased in East Asia since the onset of the financial crisis. What has caused this new wave of mergers and acquisitions and what advantages might they offer to the region's financially distressed economies? |
HBS Working Knowledge May 3, 2004 Cynthia D. Churchwell |
Business History around the World One way to understand management trends and ideas today is to look at yesterday. Geoffrey G. Jones and Franco Amatori have done just that with their new book, Business History around the World. |
IDB America August 2002 Charo Quesada |
How to cultivate entrepreneurs An IDB study compares what East Asian and Latin American countries do to encourage the creation of new businesses |
Finance & Development March 2009 Gian Maria Milesi-Ferretti |
Changing Fortunes Battered by the financial crisis, the world's lenders and borrowers see dramatic shifts in their external accounts. |
IDB America October 2004 Daniel Drosdoff |
A giant worth courting Will Latin America find ways to benefit from China's growing economic strength? |
Finance & Development March 1, 2007 Goswami & Ree |
Global Capital Flows: Defying Gravity Technological innovations and faster information flows, aided by a sharp increase in total savings being channeled into financial instruments across borders, have fostered the dramatic globalization of capital flows. |