To reinvigorate growth in Europe, European Central Bank President Mario Draghi called for more common projects in the European Union (EU). And he emphasized that these efforts need to meet a set…

Doerte Doemeland, Arup Banerji, Sanja Madzarevic-Sujster |

Understanding macroeconomic volatility part 3Read parts 1 & 2
There’s good evidence that a country’s level of financial development affects the impact of volatility on economic growth,…

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

When development practitioners such as ourselves think of poverty, the EU is not what comes to mind first. While it is true that average incomes are higher in Europe than in most regions of the…

Doerte Doemeland, Gabriela Inchauste |

Когда специалисты-практики в области развития, такие как мы, размышляем о бедности, в первую очередь на ум приходит, конечно же не ЕС. И хотя средний уровень доходов в Европе выше, чем в…

Doerte Doemeland, Gabriela Inchauste |

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 |

Also available in: Français | العربية   A boat trip from Port Elizabeth to Kingstown, in the Caribbean country of Saint Vincent and the Grenadines, is a one-hour trip that locals take several…

Valerie Lorena |

El viaje en barco desde Port Elizabeth a Kingstown, en el país caribeño de San Vicente y las Granadinas, es un trayecto de una hora que los lugareños hacen varias veces al día. Durante uno de…

Valerie Lorena |

La publicación ritual por parte de las principales organizaciones multilaterales, think tanks y bancos de inversión de unas perspectivas macroeconómicas para  Latinoamérica y el Caribe que, sin…

José Juan Ruiz Gómez |