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Does Openness To International Financial Flows Raise Productivity Growth?

By Ayhan Kose, Eswar Prasad, Marco E. Terrones Abstract Economic theory has identified a number of channels through which openness to international financial flows could raise productivity growth....

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Where are the next emerging markets? Understanding investment frontiers amid...

Forward-thinking investors are constantly looking for the next set of BRICs. Which countries are on the brink of expansive growth? Where do potential rewards balance properly understood risks? In May,...

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Collapse and revival: Understanding global recessions and recoveries

The world is still recovering from the most recent global recession associated with the 2008-2009 financial crisis, and the possibility of another downturn persists as the global economy struggles to...

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The global economy in 2017: Hope in the face of policy uncertainty and weak...

By Ayhan KoseThe 12 months just ended were a slog for the world economy, something being pondered in Davos, Switzerland this week at the World Economic Forum annual meeting. Weak international trade...

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The fragile global recovery: Surprisingly unsurprising

By Ayhan KoseEconomic forecasters are in the business of hedging their bets: does “risks are tilted to the downside” sound familiar? Yet for the first time in several years, the World Bank’s global...

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Big emerging market economies versus the G-7: Which group will drive the...

By Ayhan KoseGlobal economic growth is gaining momentum. After plodding at the slowest pace since the 2007-2009 financial crisis in 2016, global growth is expected to accelerate to a 2.7 percent pace...

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Davos attendees should beware the slowing of potential growth

By Ayhan KoseThe global economy is finally delivering solid growth and outpacing expectations after several years of disappointing performance, something World Economic Forum attendees in Davos will...

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Sustaining the global expansion

By Ayhan KoseLife is all about choices, they say. The choices we make today help determine the outcomes in the future. For the global economy, as well, today’s policy choices play a major role in...

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