Global Economy and Development
Founded in 2006, the Global Economy and Development program at Brookings aims to shape the policy debate on how to improve global economic cooperation and fight global poverty and sources of social stress. With a long-term vision of strong, sustainable, and balanced growth for a prosperous world, the program undertakes high-quality research, identifies target audiences and policy opportunities, and shares its findings to inform new policy solutions.
Productivity slowdown and wage stagnation: Causes and policy implications
CANCELLED – Kaizen: A management philosophy for advancing development in Africa
In Good Times Prepare for Crisis: Lessons from the history of debt crises
Homi Kharas
Interim Vice President and Director - Global Economy and Development
Rebecca Winthrop
Director - Center for Universal Education
Senior Fellow - Global Economy and Development
[On the Trump administration's nomination of David Malpass for president of the World Bank] If you believe there is any meritocratic element to the selection process, there are others who are by most objective metrics more qualified. ... That suggests a political agenda by the Trump administration to put someone in to address a U.S.-policy-driven agenda.
There is vast literature in economics showing how migrants are entrepreneurs at a much higher rate than locals. The act of migrating itself is an act of risk taking, and that’s the kind of profile of an entrepreneur.
"You have to play the long game. It’s fine to add money, but when the commitment is volatile and your funding goes up and down constantly, you can end up creating more harm than good."
