It has been almost four years since I first became involved with the regional public-private dialogue initiative, the Caribbean Growth Forum (CGF). In June 2012, I walked into the conference room…

Israel Mallett |

Understanding Macroeconomic Volatility: Part 2 The fact is that a government can soften a recession by increasing spending (the counter-cyclical approach) to raise demand and output. If government…

Francisco G. Carneiro, Ha Minh Nguyen, Rei Odawara |

Volatility in financial markets gets wide attention in the public eye. Less noticed is what we in the development world call macroeconomic volatility—faster-than-desired swings in the broad forces…

Francisco G. Carneiro, Ha Minh Nguyen, Rei Odawara |

Afghanistan. Photo by Steve Utterwulghe. This latest blog post should start with a mea culpa. Indeed, my 2015 work plan for public-private dialogue (PPD) did start in Dushanbe, Tajikistan, not…

Steve Utterwulghe |

Having lived in Tbilisi for almost three years now, I continue to be fascinated by the contradictions of the Georgian story. On one hand, Georgia has achieved significant economic growth over the…

Rashmi Shankar |

It’s hard to get a break in the Europe and Central Asia region, it seems – even a short one. Hit hard by the troubles in the Eurozone at the beginning of the decade, emerging and developing…

Aurora Ferrari, Ilias Skamnelos |

Air transport is an increasingly critical area for trade and trade facilitation. As such, our World Bank trade teams are always searching for global good practice and promising policy results.…

Daniel Saslavsky |

One of the core principles of trade economics is that of “comparative advantage.” First described by David Ricardo, the theory says that countries are best off if they specialize in products that…

Siddhesh Kaushik, Julia Oliver |

One of the core principles of trade economics is that of “comparative advantage.” First described by David Ricardo, the theory says that countries are best off if they specialize in products that…

Siddhesh Kaushik, Julia Oliver |

Indonesia finds itself at a crossroads on the trade policy map. A turn in one direction may mean more openness and greater regional integration. A turn the other way—more protectionism and…

Gonzalo Varela, Miles McKenna |