News

Harvard economist calls for tariff reforms to increase exports

February 9, 2018

Robert Lawrence/Sri Lanka project - Daily FT

Making a compelling case against tariff regimes, renowned Harvard economist Dr. Robert Lawrence yesterday called for a simpler system with significantly lower tariffs in order to increase Sri Lanka’s exports.

Delivering a lecture on protectionism organised by the Advocata Institute in Colombo, Prof. Lawrence, who is the Faculty Chair of the Practice of Trade Policy program at Harvard University’s Kennedy School, said that imposing tariffs is the wrong way to raise revenue, highlighting the need for tax reforms...

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These 5 Countries Expect Major Economic Growth for the Next Decade

October 15, 2017

Tim Cheston - Capitalism.com

New research shows that the global economy is making a major turn toward rapid economic growth, and will continue trending in that direction over the coming years.

That’s according to the Center for International Development (CID) at Harvard University, which recently released their projections for the fast growing economies in the next decade. After analyzing global trade data from 2015 — the most recently available data — the CID concluded that the global economy trending upward.

So which countries are...

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Iconoclast with a Mission

September 8, 2017

Ricardo Hausmann profile in IMF's Finance and Development

In nearly 40 years of navigating government, academia, and international financial institutions, Ricardo Hausmann has been on a quest to discover what makes some countries succeed and others fail. He likes to think of development as a game of Scrabble. “The process of development is really the process of accumulating letters and figuring new words that can be put together. And that’s the arrow of development,” he explains, sitting in his sun-filled office at Harvard’s Kennedy School of Government....

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Report: Uganda Among Fastest Growing Economies by 2025

July 5, 2017

Uganda will top the list on the fastest growing economies in the world by 2025 according to a report released by Harvard University Center for International Development (CID) last week. 
 
The Economic Complexity Global Growth Projections: Predicted Annual Growth Rate to 2025 shows that Uganda's economy will be growing at a 7.73 percent rate followed by India growing at a 7.72 percent. 

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"Us and Prosperity" - Ricardo Hausmann gives a keynote speech at the Rafael del Pino Foundation in Madrid

June 9, 2017

Translated to English. Please find the original article in Spanish at: http://www.frdelpino.es/conferencia-magistral-ricardo-hausmann/

Last Wednesday, June 7, 2017, Dr. Ricardo Hausmann, Director of the Center for International Development and Professor of the Practice of Economic Development at Harvard University participated as keynote speaker at the Rafael del Pino Foundation in Madrid, Spain. His presentation, entitled, “Us and Prosperity” analyzed the relation between economic development and the sense of identity, the belonging to a group, community or society.

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Unique Research Study Identifies Benefits of ‘Return Migration’ for Native Workers

March 31, 2017

Doug Gavel - HKS News

Large influxes of migrants into foreign labor forces can often harm the fortunes of native workers, particularly those in low-skilled positions. A 2015 study, for instance, documented the wage losses suffered by native-born Americans in Miami as a result of the Mariel boatlift in 1980, during which as many as 125,000 Cubans immigrated to south Florida. But a new research study focusing on an entirely different set of migrants during a more recent period suggests there may be benefits to local workers when previous migrants return to work at home.... Read more about Unique Research Study Identifies Benefits of ‘Return Migration’ for Native Workers

Fears South Africa Driving into Dead End Street

March 7, 2017

Ricardo Hausmann - Business Day

Ricardo Hausmann — Harvard development economist, former Venezuelan minister of planning and long-time friend and adviser to SA’s Treasury — visited SA last week and says he fears the country is heading towards making a mistake. He served on the International Panel on Growth, which provided a rich set of recommendations to the Treasury in 2008.

Looking back at their report, compiled by 20 of the world’s top economic thinkers from Harvard and the Massachusetts Institute of Technology, it is distressing to see how determinedly that advice...

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