A New Climate Economy

2019-11-27T09:58:43-05:00November 26, 2019|

By Gita Bhatt

“Everybody talks about the weather, but nobody does anything about it.” The quip, attributed to 19th-century American humorist Mark Twain, might describe the current state of play on climate change. In Twain’s day, it was absurd to suppose humans could do anything about the weather. […]

All the Way to the Top: Industrial Policy, Innovation, and Sustained Growth

2019-11-13T08:30:17-05:00November 13, 2019|

By Reda Cherif and Fuad Hasanov

The odds of poor or middle-income countries achieving the stardom of the “Asian Miracles” within a generation or two, or even three, are small. Between 1960 and 2014, only 16 developing economies worldwide were able to vault into high-income status, and many of those were fortunate enough to have discovered oil or join the European Union. […]

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