Homi Kharas is a senior fellow and deputy director for the Global Economy and Development program. Formerly a chief economist in the East Asia and Pacific Region of the World Bank, Kharas currently studies policies and trends influencing developing countries, including aid to poor countries, the emergence of a middle class, the food crisis and global governance and the G20. His most recent co-authored books are After the Spring: Economic Transitions in the Arab World (Oxford University Press, 2012) and Catalyzing Development: A New Vision for Aid (Brookings Press, 2011). | View Full Bio

  • In the News

    You have more and more middle-income countries now. They are larger economies, but the channels from which they can borrow have gone down. So these countries are stuck.

    March 17, 2015, Homi Kharas, PBS Newshour
  • In the News

    The damage of [President Obama's canceled Southeast Asia trip] is not irreparable. At the end of the day, these are just meetings. I think the question is more one of credibility – that credibility, trust and confidence in the U.S. ability to engage on a sustained basis. That’s a difficult thing to try to recover once that sense of the guarantee that the U.S. will always be there starts to erode.

    October 4, 2013, Homi Kharas, Los Angeles Times
  • In the News

    One can never tell when one bump will be the bump that will really knock you off-kilter. In the grand scheme of things, I think [President Obama's canceled Southeast Asia trip] is a small bump, but it is nevertheless a bump.

    October 4, 2013, Homi Kharas, National Public Radio
  • In the News

    The whole objective of the pivot was to try to say that the U.S. views Asia as a really important partner and will continue to devote high-level political attention, but what’s been happening is that there are other demands on [President Obama's] time. From the perception of Asia it raises the question, ‘Maybe they want to, but can they in practice?'

    October 2, 2013, Homi Kharas, McClatchy
  • In the News

    In today’s world we have many more development stakeholders, so there’s no need for a single agency to try to do everything. It’s far better to try to do some things and to try to do them really well.

    January 10, 2013, Homi Kharas, Bloomberg Businessweek
  • In the News

    In my view, the U.S. middle class is basically stagnant. There are some people in the U.S. middle class who are doing quite well, and are graduating to become rich. And there are other people who are doing much less well, and they are falling out of the middle class.

    October 24, 2012, Homi Kharas, Global Post
  • In the News

    Roughly speaking, 1 billion people have been lifted out of poverty since 1990, in China, India, Vietnam, Indonesia and even now in sub-Saharan Africa. In the last decade, we've had the most rapid reduction in poverty in history.

    October 24, 2012, Homi Kharas, Global Post
  • In the News

    Given the complexities and politics ... it could be difficult to conclude a [lasting] compromise during the meetings next week.

    October 2, 2010, Homi Kharas, Wall Street Journal

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