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The reason why China has not taken this path lies in the jobs and revenue that the industry provides.
to ensure that such a slowdown is not viewed as secular trend – a perception that could undermine the consumption and investment that the economy so badly needs
The ultimate solution is not to discourage professionals from working abroad; it is to ensure better training and more amenable working conditions
the data revolution can drive a sustainable development revolution, and accelerate progress toward ending poverty, promoting social inclusion, and protecting the environment.
This time, by contrast, the new development bank would take the lead in channeling scarce homegrown resources into selected productive investment.
Whichever policies – macro or micro – turn out to work best for addressing today’s economic problems, one thing has become abundantly clear: optimism is out of fashion
The world would be better off if most governments pursued policies that boosted growth through domestic demand, rather than beggar-thy-neighbor export measures.
the limits we must respect if we are to create a world that is ecologically resilient and free of poverty
Marshall’s vision offers important lessons for world leaders seeking to accelerate development today, beginning with the need to reverse the effects of the Washington Consensus on developing and transition economies
We are the first generation in human history with the means to pull every person on the planet out of abject poverty.
f the current trend continues, almost half of the world’s adult population will be overweight or obese by 2030
Faced with tight fiscal (and political) constraints, policymakers should abandon the flawed notion that investments with broad – and, to some extent, non-appropriable – public benefits must be financed entirely with public funds.
Focusing on the need to provide appropriate and less expensive care for chronic diseases, constitute a small step in the right direction.
it would also enshrine a grossly corrupt and inefficient patent system in the US, in which companies increase their profits by driving out the competition
the real issue is the few payments to the IMF and the ECB that fall due this year – payments that the new government has promised to make.
Women are the most convincing advocates for the solutions that they need, so they should be at the forefront of decision-making on sustainable development and climate-change mitigation.
India can continue to thrive if it invests in physical and human capital and pursues prudent fiscal and monetary policies. But this strategy also requires India to embrace its place on the international stage.
Indeed, the only true lesson of the crisis so far seems to be that its lessons will never truly be learned.
At this point, Ebola is not only a health crisis, but also a humanitarian, economic, and political crisis.
The biggest impact on market structure will continue to come from ever-rising capital requirements, which will make bank credit more expensive and encourage borrowers to look elsewhere
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