Otaviano Canuto

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Otaviano Canuto

Senior Fellow

Senior Fellow at the Policy Center for the New South, Affiliate Professor at Mohammed VI Polytechnic University and Non-Resident Senior Fellow at Brookings Institute. Former Vice President and Executive Director at the World Bank, Executive Director at the International Monetary Fund (IMF) and Vice President at the Inter-American Development Bank.

Publications

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Research Paper
The Challenge of Fostering Innovation and Accelerating Economic Growth in Brazil
Sérgio R. R. de Queiroz

Nicholas S. Vonortas

Otaviano Canuto
Friday, May 9, 2025
This paper aims to demonstrate how certain transformations in the international economy since the 1980s¾notably the globalization of firms and industries¾combined with a set of domestic challenges, disrupted the path of industrial and technological development that Brazil had pursued since the…
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Economy, Macroeconomics and regulation, Sectorial policies and structural transformation, Americas and Carribean, South America
Opinion
The Spring of Tariff Regret
Otaviano Canuto
Monday, May 5, 2025
Last week marked my twenty-third consecutive week attending the World Bank and IMF Spring Meetings in Washington, DC. While I no longer participate in the official sessions, I continue to be invited to the many side conventions and debates that surround them. A key moment is always the release of…
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Economy, Trade, North America
Opinion
Africa's Minerals Will Shape the Future of Global Power
Otaviano Canuto

Sabrine Emran
Friday, May 2, 2025
This Opinion was originally published in Project Syndicate As the US-China rivalry intensifies, both powers are courting mineral-rich African countries in an effort to secure critical raw materials. Translating Africa's vast natural-resource wealth into lasting development requires an…
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Commodities & Energy, Natural Resources, Economy, Africa
Paper in Academic Journals
Growth Implications of a Fractured Trading System
Peter Drysdale

Alicia Garcia-Herrero

Nagesh Kumar

Otaviano Canuto

B. V. R. Subrahmanyam
Friday, March 21, 2025
This Chapter was originally published on springer.comSo, this session really is about what's happened to global trade in the last couple of decades, of course, really since the global financial crisis, trade dependency has levelled off, peaking at around 60% in 2008, 2009.
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Economy, Trade
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Book / Report
MOROCCO-BRAZIL RELATIONS: A Multidimensional Atlantic Partnership
Nabil Adghoghi

Alexandre Parola

Fábio Albergaria de Queiroz

Paulo Eduardo Aguiar Saraiva Camara

Ana Flávia Barros-Platiau

Otaviano Canuto

Saloi El Yamani

Sabrine Emran

Adnane Lahzaoui

Guilherme Lopes da Cunha

Jacintho Maia Neto

Nizar Messari

Melina Moreira Campos Lima

Ahmed Ouhnini

Andreia Rute da Silva Baptista

Carlos Henrique Tomé Silva
Wednesday, March 5, 2025
A country's areas of strategic interest are defined by its values, principles, and expectations. In this context, unprecedented opportunities are emerging for two key Atlantic States—Brazil and Morocco—to forge a mutually beneficial partnership. This premise underscores the deep-rooted social and…
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International Relations, South America, Diplomacy, Food security, Gender, Atlantic, Maghreb
Opinion
How to Make Carbon Pricing Work for Africa
Rim Berahab

Otaviano Canuto
Thursday, January 30, 2025
This Opinion was originally published in Project Syndicate As the world prepares for COP30 in Belém, Brazil, African countries have an opportunity to advocate for equitable carbon-pricing mechanisms that align climate action with sustainable development. While cutting emissions is…
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Climate change and biodiversity, Economy
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Policy Paper
Capital, Labor, and Land in the Digital Transition
Otaviano Canuto

Philip Yang
Wednesday, October 23, 2024
The digital revolution is bringing about a dramatic shift in power, from labor to capital. We assess what the impact of this transformation might be on land as a factor of production. The digital revolution is not happening in a historical vacuum. It unfolds within a framework of confrontation or…
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Economy, Labour market and human capital
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Policy Brief
The Automotive Transition on the Road to Decarbonization
Otaviano Canuto

Antonio Jorge Martins
Wednesday, October 9, 2024
The road to decarbonizing the planet runs through the energy transition, which includes the shift from fossil-fueled cars to renewable energy vehicles. This automotive transition is unfolding as a true revolution in the industry. The evolution toward electric and hybrid vehicles has come in tandem…
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Economy, Sectorial policies and structural transformation, Trade, International Relations, Geopolitics, Commodities & Energy, Energy transition and Renewables
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Policy Brief
Pathways for Reconciling New Industrial Policy and International Cooperation for Global Goods
Otaviano Canuto

Abdelaaziz Ait Ali

Mahmoud Arbouch

Sandra Rios

Renato Baumann
Tuesday, September 24, 2024
This paper was originally published on t20brasil.org The resurgence of Neo protectionism as a reality is creating a pressing need to establish New Industrial Policies (NIPs) capable of striking a balance between Global Value Chains (GVC) managers' quest for efficiency and policy makers'…
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Economy, Sectorial policies and structural transformation, International Relations, International Cooperation, Trade
Opinion
The U.S. Elections Will Have Worldwide Economic Consequences
Otaviano Canuto
Thursday, September 5, 2024
In November, U.S. voters will decide who will take control of the White House, the Senate, and the House of Representatives. Kamala Harris, Donald Trump, and their political parties differ significantly on key economic policy proposals that will heavily impact the economy of the country and,…
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Economy, International Relations, Diplomacy, North America

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