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The Middle-Income Trap

Is Africa the Next China?

July 25, 2012

Rebecca McReynolds

Africa’s commodities boom could be the spark that turns this impoverished continent into the next China. But there is still much to be done to make Africa a global driver of growth.

Topics: The Middle-Income Trap, China, Global Investing, Africa | Read Article

China, the Game-Changer

June 25, 2012

Rebecca McReynolds

Chinese overseas direct investment is reshaping the global economy. A stellar panel of experts, including Jeffrey Sachs of the Earth Institute, shed light on why this next wave of overseas investment will be unlike anything the world has seen before.

Topics: The Middle-Income Trap, News Makers, Economic Policy, China, Global Investing | Read Article

Why China's Consumers Aren’t Buying

May 1, 2012

Sharon Kahn

With consumers reluctant to spend, China needs to overhaul its financial and social structure. Nicholas Lardy, a Senior Fellow at the Peterson Institute, lays out the steps.

Topics: The Middle-Income Trap, Economic Policy, China, Global Investing | Read Article

Brain-Drain Panic Returns, This Time to Africa

February 7, 2012

Jagdish Bhagwati

Officials in India have long bemoaned the mass exodus of skilled labor to other countries such as the United States. Now, Africa finds itself in the same situation. Jagdish Bhagwati proposes four practical ways to encourage home-grown talent to stay put.

Topics: The Middle-Income Trap, Economic Policy, India, Africa | Read Article

The African Land Grab: Here’s How to Make It Right

December 12, 2011

Sharon Kahn

Foreign direct investment in Africa has pushed aside local interests, say critics. But a distinguished panel of experts argues that Africans need to look out for themselves.

Topics: The Middle-Income Trap, Economic Policy, Global Investing, Africa | Read Article

“Things Aren’t as Bad as They Seem”

November 9, 2011

Sharon Kahn

The International Monetary Fund says the world economy isn't in dire shape — for now. But we risk implosion if we don't act.

Topics: The Middle-Income Trap, News Makers, Economic Policy, Asia, Europe, Global Investing | Read Article

Why Free Trade Matters

June 29, 2011

Jagdish Bhagwati

Protectionist trade policies don't help developing countries, argues Jagdish Bagwati. In fact, he says, free trade promotes prosperity, making it a moral imperative.

Topics: The Middle-Income Trap, Economic Policy, China, India | Read Article

Is China Running Out of Surplus Labor?

May 31, 2011

Rebecca McReynolds

Economists have been warning of a looming labor shortage in China, raising concerns that wages will rise and China's growth will slow. That could stall economic recovery around the world. Xin Meng, a recent visiting scholar at The Chazen Institute, weighs in.

Topics: The Middle-Income Trap, Economic Policy, China | Read Article

How Other Countries Can Imitate China's Growth Strategy

October 13, 2010

In an exclusive talk, Justin Lin, chief economist for the World Bank, shows why China's rapid-fire expansion isn't an anomoly and explains why other developing nations could benefit from the China model.

Topics: The Middle-Income Trap, Economic Policy, China | Read Article