Kemal Derviş is a senior fellow in the Global Economy and Development program, and the Edward M. Bernstein Scholar. He was vice president and director of the program from April 2009 to November 2017. Formerly head of the United Nations Development Programme and Minister of Economic Affairs of Turkey, he focuses on global economics, emerging markets, European issues, development, and international institutions.
For many years, he has contributed a column every month to Project Syndicate, which they publish in several languages and which is also published as a Brookings blog. A comprehensive collection of these articles has been published by the Brookings Press entitled "Reflections on Progress: Essays on the Global Political Economy."
Kemal Derviş started teaching economics at the Middle East Technical University in 1974 and has since taught several years at Princeton University in the 1970s and as an adjunct professor at Columbia University from 2009-2015.
As a member of the Turkish Parliament, he was a member of the Convention for the European Constitution from 2003-2004.
He has and continues to be a member of various advisory boards, notably at Sabanci University.
Kemal Derviş is a senior fellow in the Global Economy and Development program, and the Edward M. Bernstein Scholar. He was vice president and director of the program from April 2009 to November 2017. Formerly head of the United Nations Development Programme and Minister of Economic Affairs of Turkey, he focuses on global economics, emerging markets, European issues, development, and international institutions.
For many years, he has contributed a column every month to Project Syndicate, which they publish in several languages and which is also published as a Brookings blog. A comprehensive collection of these articles has been published by the Brookings Press entitled “Reflections on Progress: Essays on the Global Political Economy.”
Kemal Derviş started teaching economics at the Middle East Technical University in 1974 and has since taught several years at Princeton University in the 1970s and as an adjunct professor at Columbia University from 2009-2015.
As a member of the Turkish Parliament, he was a member of the Convention for the European Constitution from 2003-2004.
He has and continues to be a member of various advisory boards, notably at Sabanci University.
As Kemal Derviş of the Brookings Institution has argued, pretty much any aspect of macroeconomic policy could be construed to affect a country’s trade balance and, by extension, its exchange rate. It is therefore far better to keep such sensitive matters out of trade deals and leave them to existing, separate, diplomatic processes.
If every country tries to race towards the lowest rate, then in the end nobody gains. If you believe there should be no government at all, then fine. But if you believe some government is good, then you cannot have a system that erodes the tax base in all major countries.
Rebalancing of the distribution of income may play a role in unlocking the U.S. economy’s growth potential in a sustainable way.