Podcasts

Back

Financial Globalization and Inequality

11
June 2021
Otaviano Canuto & Hamza Saoudi

Inequality is nowadays one of the most important issues facing many economies around the world, not only in developing countries but also in advanced and emerging ones. Today, there is a new evidence that has been highlighted by several economists and international institutions and that shows that the fight against rising inequality is not only beneficial from an equity, political and social point of views but it is also beneficial from an economic point of view and can boost economic growth in the long run. In this podcast, Mr. Otaviano Canuto, Senior fellow at the Policy Center for the New South and a former vice-president at the world bank joined our economist Hamza SAOUDI to discuss the root causes behind the increase of within countries inequality and the main policies that African countries should prioritize in this critical time so to ensure a sustained and inclusive recovery.

RELATED CONTENT

  • Download PDF
    Abhijit Banerjee, Esther Duflo et Michael Kremer L'Economie du développement gagne ses lettres de noblesse
    Authors
    Henri-Louis Védie
    February 21, 2020
    En distinguant trois économistes reconnu(e)s pour leurs travaux sur l'approche de la pauvreté, les Nobel 2019 ont redonné ses lettres de noblesse à l'économie du développement. Mais, cette nomination c'est aussi la validation d'une méthode d'analyse, jusqu'alors essentiellement utilisée en médecine, méthode d'expérimentation aléatoire, encore appelée randomisation. C'est, donc, un nouveau tournant que prend la recherche économique, celui d'une démarche empirique commencée il y a une ...
  • Download PDF
    It’s evolution, baby – how institutions can improve without critical junctures
    Authors
    Otaviano Canuto
    Tiago Ribeiro dos Santos
    December 3, 2018
    Daron Acemoglu and James Robinson caught policymaker’s attention to the critical role of institutions for development. Their work gives too much emphasis to the prospects of revolution, however. A reading of the World Bank’s World Development Report of 2017 points to directions that all actors involved in the process, whether domestic or international, elite or non-elite, can take to improve societies. ...
  • Download PDF
    International Jobs Report: Edition 2016
    Authors
    Prakash Loungani
    Russel Dinh
    January 27, 2016
    The IMF recently revised down its growth forecasts, making large changes in the forecasts for some emerging markets, in particular Brazil and oil-producing countries (such as Nigeria and Saudi Arabia). This report presents a snapshot of the global unemployment outlook and discusses what the recent revisions could mean for the unemployment outlook for these countries based on past relationships between growth and unemployment. We conclude with a look at the growth-unemployment link f ...