November 25, 2009
Coordinate Capital Controls
This op-ed originally appeared in the Business Standard.
By Arvind Subramanian / New Delhi November 25, 2009,
Views from the Center
August 10, 2009
It's Not All Downhill from Here: The Uphill Flow of Skill-Intensive Goods and FDI from Developing Countries
We tend to think of globalization in the following way: the rich world exports financial capital, technology, sophisticated goods, and entrepreneurial and managerial skills in the form of foreign direct investment (FDI) to developing countries; the latter, in turn, export people, resources, and low-skilled goods to the rich world.
July 27, 2009
The Expanding Role of the Fed and Why It Matters for Development
In a recent interview on CNN en Español I discussed the evolving role of the U.S. Federal Reserve Board and its implications for developing countries. People in Latin America are following this issue closely. That’s because the global crisis has reminded everybody that an unstable financial sector in the industrial countries has powerful ripple effects not only on the financial sector of developing countries but also on the real economy, with serious consequences for poverty and inequality.
November 24, 2008
Tim Geithner and Lawrence Summers - Good Picks for the U.S. and the World's Poor
We at CGD warmly welcome president-elect Barack Obama's appointments of Timothy Geithner as Secretary of Treasury and Lawrence Summers to head the National Economic Council. Both are members of the CGD Board of Directors. This is no coincidence.
January 21, 2004
Davos Dispatch: Clinton brings development to Davos
In contrast to Davos-in-NY in 2002, when the post-Sept. 11 talk was of the risk of terror and Davos 2003 when the corridor discussion was mostly about Iraq and the impending war, there is no grand obsession this year. There is sensible and mildly worried talk about whether the global economic recovery will be sustained. Most attention is given to the imbalances in the world economy – particularly U.S. budget and current account deficits; the Europeans’ tepid growth and stolid Central Bank reluctance to stimulate; and the Chinese resistance to letting their currency appreciate.
Commentary Menu