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...
During a talk at the London School of Economics and Political Science, Ricardo Hausmann discussed the importance of collective know-how in technology diffusion and the importance of a sense of us in creating the needed cooperation to support the implementation of technology.
Tim Cheston - The Dollar Business Magazine (Oct. 2017, pg 21)
TDB: India has been focusing on strengthening its domestic manufacturing sector. How important is a strong Indo-China economic relationship in this context?
Timothy Cheston (TC): Past research found that a country is more likely to start entering the production of those products which its neighbouring countries are competitive at producing and that is true in India's case too. India's challenge though is the rising inequality amongst the states within India. The products which are being...
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.
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.
Ricardo Hausmann joins Cardiff Garcia to discuss the historical foundation of Venezuela's current macroeconomic and humanitarian crisis, what may happen with its debt and what the future holds for the country.
Ricardo Hausmann is interviewed by the Council of Foreign Relations
The misguided policies of President Nicolas Maduro and his predecessor, Hugo Chavez, along with falling oil prices, have destabilized Venezuela’s economy and triggered shortages of vital supplies, says Ricardo Hausmann, a professor at Harvard Kennedy School and a former minister of planning in Venezuela.
Hausmann argues that it will almost certainly take new leadership in Caracas to introduce the market reforms and debt restructuring he says are needed. “A recovery would...
An Interview with Dr. Milena Harito, Minister of Innovation and Public Administration of Albania
If you were a citizen of the Republic of Albania in need of a moderately complex public service in 2014, you were almost certain to enter a maze of public bureaucracy: dark and messy offices, long lines, vague instructions and procedures, and little opportunity for citizen feedback or tolerance for criticism. It’s no wonder that the uncertainty around these services forced most citizens to...