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 with...
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.
The whole idea of corporate philanthropy is pretty straightforward: A large company becomes profitable enough that it sets aside a certain sum each year to funnel toward the charity or cause of its choosing. Despite the fact that this formula has come under fire for serving as a cover-up for companies whose...
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.
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.
Watch CID Fellow Michele Coscia present on the economic impact of the tourism sector at the World Bank Tourism Knowledge Exchange. (His talk is at the 1:43 mark)
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.
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
Dr. Ermal Frasheri, research fellow at the Center for International Development's Growth Lab, has been elected to the...