#AD2019| Sarala Morusupalli: "I am confident that 10 years from now we will make a huge difference"

Multilateral Development Banks (MDBs) have two financing windows, with different terms, dedicated to low- and middle-income countries. Countries are presumed to cross those windows as their income per capita rises, with middle-income countries (MICs) eventually “graduating” to a non-client status once they reach some criteria. However, due to what may be called “middle-income traps”, such progression toward graduation has been limited to a small number of countries. ...

Les recherches sur les sources de croissance de long terme des économies montrent qu’elle dépend plus de la croissance de la productivité que de la croissance des volumes des inputs accumulés. Au Maroc, les résultats disponibles fournissent des évidences sur le rythme très lent de la croissance de la productivité mesurée par la PTF ou le rapport production-travail. Des simulations montrent que seule une augmentation de la PTF permettra d’atteindre une croissance suffisamment élevée. ...

In Turkey, Republican People’s Party (CHP) candidate Ekrem Imamoglu decisively won the rerun of the mayoral election in Istanbul last weekend. The new elections were called after pressure from Turkish President Recep Tayyip Erdogan, whose Justice and Development Party (AKP) lost the original vote in March by a narrow margin. Below is an international press review of events leading to the elections' results, by Helmut Sorge, former Foreign editor, and Middle East expert for Germany' ...

Despite considerable effort from the South African government to drive innovation, the investments to date have not reaped the fruits expected by both government and the private sector. I believe that if we are to realise ‘the new dawn’ in economic growth and transformation the state needs to reorganise itself to be an ‘entrepreneurial state’. This paper will proceed firstly by outlining current government action to support innovation, followed by a summary of the overarching recomm ...

This article was originally published on RBC Royal Bank's innovation & perspective section. Kevin Vuong, Executive Lead, International & Lecturer, University of Toronto, Canada and Atlantic Dialogues Emerging Leader Alum 2018 contributed to this piece. From the route you take home to where you choose to go for lunch, we have our own inherent preferences that predispose us to a particular decision. And while we assume that our choices are rational, we know that isn’t always ...

"German chancellor Angela Merkel may be forced to cede her power earlier than expected after episodes of violent and controllable shaking in public has led party officials to fear for her health." Announcements we have been reading in the press these past days. Below is an international press review of events leading to these times of uncertainty, by Helmut Sorge, former Foreign editor, and Middle East expert for Germany's leading newsmagazine "Der Spiegel", and columnist at the Pol ...

The rise of the middle class in the emerging economies is affecting significantly consumption habits and thus, transforming these economies. The size and growth of the middle class is of interest to gauge market potential for many products, and can serve as a barometer of political awareness. Measuring the Middle Class using income presents many challenges, beginning with finding an appropriate definition. Previous research by Ali and Dadush (2012) suggested an alternative measure, ...