Publications /
Policy Brief

Back
Download PDF
Rethinking development finance: towards a new “possible trinity” for growth?
Authors
Luiz A Pereira da Silva
April 5, 2017
Related topics: 
Economy
Macroeconomics and regulation

Development finance is an issue that typically concerns developing countries where numerous, grave socioeconomic problems persist, including – and not among the least – the need for stable development finance in higher quantity and of higher quality. However, development finance could also be used today as a growth-enhancing concept applicable to advanced economies, to boost their growth and help their social inclusion. It could contribute to rebalancing macroeconomic policies and move them towards a new “possible trinity”: growth based on higher productivity, growth that favours stronger social inclusion and growth that is friendlier to the environment.

RELATED CONTENT

  • Sept ans après la crise: regards croisés
    Guntram Wolff , Karim El Aynaoui 
    April 02, 2016
    Ce podcast est délivré par Guntram Wolff et Karim El Aynaoui. L’émission Tableau de Bord d’Atlantic Radio a reçu samedi 2 avril 2016 M. Guntram Wolff, directeur de Bruegel, et M. Karim El ...
  • Brussels Forum 2016 - Global Economic Shifts and Power Relationships
    March 31, 2016
    In the context of the strategic partnership between OCP Policy Center and the German Marshall Fund of the United States, the Policy Center is a key partner for the Brussels Forum organized by GMF. - Dr. Karim El Aynaoui, Managing Director, OCP Policy Center - Amb. Masafumi Ishii, Amba...
  • Economies émergentes : Faits stylisés et perspectives
    Authors
    Mohamed Hamza Sallouhi
    March 23, 2016
     Partie 1. Le ralentissement économique de la Chine : une transition inquiétante  L’incertitude sur les marchés financiers, la transition de l’économie chinoise vers un modèle de croissance moins extraverti et le ralentissement du rythme de la croissance des pays émergents, sont autant de facteurs qui fragilisent considérablement une croissance mondiale durable et synchronisée. Dans ce contexte, l’OCP Policy Center a tenu une table ronde animée par Patrick Artus, Economiste en Chef ...
  • Download PDF
    Fluctuations in Emerging Economies: Regional and Global Factors
    Authors
    Zouhair Aït Benhamou
    March 2, 2016
    Discrepancies in output fluctuations between emerging and developed economies are well documented in the literature. Differences however within developing economies have not been sufficiently scrutinised. This paper argues that global and regional shocks primarily drive the business cycle in emerging economies, and provides estimated results for cycle variance decomposition. The paper also offers a theoretical framework to check on the set of stylized facts common and specific to em ...
  • The Current Brazilian Situation
    Authors
    Marcus Vinicius de Freitas
    February 22, 2016
    If one opens the newspapers nowadays, Brazil will come out as a melting opportunity. The country is currently facing its largest economic crisis, mostly resulting from a negative political environment where the current Administration has been deeply swollen by Brazil´s largest corruption scandal, the so-called Lava Jato (Car Wash) Operations, whose investigations have brought to light the fact that billions of US$ dollars were being used for campaign financing, illicit enrichment an ...
  • Featured Q & A: How Will the Fed’s Rate Hike Affect Latin America?
    Authors
    Uri Dadush
    January 12, 2016
    Q: The U.S. Federal Reserve on Dec. 16 raised interest rates, ending what Fed Chairwoman Janet Yellen called an “extraordinary seven-year period” during which policymakers kept the federal funds rate near zero in an effort to support the economy. How will the Fed’s action affect Latin American economies, many of which are struggling with anemic growth and low prices for their commodity exports? How will the interest rate hike affect Latin American countries’ ability to pay off their ...