Press Release

New 2025 Global Growth Projections Predict China’s Further Slowdown and the Continued Rise of India

June 28, 2017

Cambridge, Massachusetts – The economic pole of global growth has moved over the past few years from China to neighboring India, where it is likely to stay over the coming decade, according to new growth projections presented by researchers at the Center for International Development at Harvard University (CID). Growth in emerging markets is predicted to continue to outpace that of advanced economies, though not uniformly. The projections are optimistic about new growth hubs in East Africa and new segments of Southeast Asia, led by Indonesia and Vietnam. The growth projections are based on measures of each country’s economic complexity, which captures the diversity and sophistication of the productive capabilities embedded in its exports and the ease with which it could further diversify by expanding those capabilities.

In examining the latest 2015 global trade data, CID researchers find a clear turn in trade winds, as 2015 marks the first year for which world exports have fallen since the 2009 global financial crisis. This time around, the decline in trade was driven largely by the fall in oil prices. High oil prices had driven a decade of rapid growth in oil economies, outpacing expectations. Since the decline in oil prices in mid 2014, growth in oil economies ground to a halt, where it is likely to stay, according to the projections, given little progress on diversification and complexity.... Read more about New 2025 Global Growth Projections Predict China’s Further Slowdown and the Continued Rise of India

CID Ranked One of World’s Best Think Tanks

February 3, 2017

CID Projects Infographic

For the second consecutive year, the Center for International Development (CID) at Harvard University has been named the 2nd best university think tank in the world by UPenn's 2016 Think Tank Index.

The Index – produced annually by The Civil Societies Program at the University of Pennsylvania’s Lauder Institute – considers six thousand organizations globally. More than 2,500 university faculty and administrators, journalists, policymakers, think tank scholars, executives and donors contribute to the process. Quality of leadership, staff and research, along with impact on policymakers are some of the ranking criteria.... Read more about CID Ranked One of World’s Best Think Tanks

Research Report Sheds New Light on Economic Impacts of Tourism in Colombia

June 20, 2016

Bogota – Against the backdrop of the World Economic Forum (WEF) meeting in Medellin, MasterCard released a new analysis of foreign tourist spending in Colombia based on research conducted in collaboration with the Center for International Development (CID) at Harvard University. The analysis reveals rare insights on the economic benefits of tourism, and the role of payment acceptance in driving more inclusive growth.... Read more about Research Report Sheds New Light on Economic Impacts of Tourism in Colombia

Uncovering New Insights For How Business ‘Know-How’ Impacts Economic Growth

Uncovering New Insights For How Business ‘Know-How’ Impacts Economic Growth

January 20, 2016

MasterCard data helps reveal how ‘know-how’ moves around the world


Cambridge, MA
– A unique research collaboration between the Center for International Development (CID) at Harvard University and the MasterCard Center for Inclusive Growth is uncovering new insights on the dynamics of global business travel and its impact on economies. Through the first-ever...

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Steering Sri Lanka towards Sustainable and Inclusive Development

Steering Sri Lanka towards Sustainable and Inclusive Development

January 7, 2016

Under a theme of “Steering Sri Lanka towards Sustainable & Inclusive Development”, the Sri Lanka Economic Forum will be held in Colombo at the Cinnamon Grand on the 07th and 08th of January 2016 under the patronage of His Excellency Maithripala Sirisena, President of Sri Lanka and Hon. Ranil Wickremesinghe Prime Minister of Sri Lanka. The Forum will be graced by the likes of international investor and Founder Chairman of Open Society George Soros and Nobel Laureate Economist Joseph Stieglitz, in addition to a glittering line up of internationally acclaimed experts and other...

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"The Globe” Generates Innovative 3D Visualizations of World Trade

"The Globe” Generates Innovative 3D Visualizations of World Trade

October 15, 2015

Cambridge, MA – Data visualization researchers at Harvard’s Center for International Development (CID) have unveiled The Globe of Economic Complexity – an interactive tool which colorfully captures $15 trillion in world trade data in cutting-edge 3D visualizations.

Powered by the UN’s international trade data, the Globe uses “confetti” or dot-based representation to generate dynamic maps, stacked graphs and network diagrams. The Globe is a spin-off of...

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Symposium to Feature Innovative Ideas on Inclusive Growth

Symposium to Feature Innovative Ideas on Inclusive Growth

September 24, 2015

Cambridge, Massachusetts – Harvard's Center for International Development (CID), the MasterCard Center on Inclusive Growth, and the World Economic Forum's Meta-Council on Inclusive Growth are hosting the 1st Symposium on Inclusive Growth and Development on October 1-2, 2015 at Harvard Kennedy School (HKS). The Symposium is part of a collaboration to find sustainable and scalable...

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New Growth Projections Predict the Rise of India, East Africa and Fall of Oil Economies

New Growth Projections Predict the Rise of India, East Africa and Fall of Oil Economies

May 7, 2015

 – South Asia and East Africa top the list, while oil-driven economies face the sharpest fall in new growth projections and rankings of productive dynamism for 128 countries, as presented by researchers at the Center for International Development at Harvard University (CID). Using their own measure of economic complexity that captures the productive capabilities embedded in a country’s exports, CID researchers paint a new picture of the economic growth landscape, which foresees growth in emerging markets to...

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New Growth Projections Predict the Continued,  Uneven Slowdown of Latin America

New Growth Projections Predict the Continued, Uneven Slowdown of Latin America

May 7, 2015

– After a decade lagging behind South America in economic growth, Mexico and Central America are now poised to lead the region, according to new projections presented by researchers at the Center for International Development at Harvard University (CID). At the opposite end, the more commodity-driven economies of South America, especially Venezuela, Chile, and Ecuador, hold the lowest growth potential. Using their own measures of economic complexity, CID researchers show that the diversity and sophistication of the products a...

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