News/Opinion

Exports for Sri Lanka

Hausmann: Sri Lanka should rethink immigration, diaspora policies

January 10, 2017

Ricardo Hausmann, Growth Lab research - Lanka Business Online

Sri Lanka should rethink its immigration, diaspora and product development policies so as to encourage more complexity in exports, economist Ricardo Hausmann of Harvard University said in Colombo on Monday.

Immigrants and diaspora bring with them significant know-how and skills necessary for the setting up of new industries, a process which Sri Lanka could benefit from, he said.

Hausmann, the director for the Center for International Development at Harvard University, is advising Sri Lanka on how to… Read more about Hausmann: Sri Lanka should rethink immigration, diaspora policies

Newsletter: Utilizing Data & Evidence; 5 Years of PDIA; and Challenges to Sustained Growth in Panama

December 16, 2016

CID has published its December Newsletter. Did you know...

  • Evidence for Policy Design (EPoD) is implementing a comprehensive capacity-building program to increase the use of rigorous data and research evidence by policymakers in South Asian countries. The initiative is carried out in six high-potential 'proof of concept' pilot projects.
     
  • Panama has been one of the fastest growing economies over the past decade, but there are challenges ahead related to sustainability and inclusiveness. The Growth Lab launched a research initiative aimed at exploring export… Read more about Newsletter: Utilizing Data & Evidence; 5 Years of PDIA; and Challenges to Sustained Growth in Panama

Economists Top 100: From Paul Krugman to Michael Porter, These Are the Most Influential Economists in the World

December 16, 2016

Ricardo Hausmann ranks 22nd in Richtopia List

Whether you’re a would-be Economist or have spent decades being one. You could be worse-off than to read the short biographies of Economists who’ve been through the journey before.

So we’ve compiled a list from top Economists. It’s a list of influential people at effectively marketing businesses and being pro-active, particularly in the social media sphere.

Our Economists list is an automatic algorithm based on social media influence, Klout scores and a secret recipe. We take into account various… Read more about Economists Top 100: From Paul Krugman to Michael Porter, These Are the Most Influential Economists in the World

The failure of the Misiones on poverty reduction

November 14, 2016

José Ramón Morales, Douglas Barrios - Caracas Chronicles

Social policy planners in Venezuela today are like field doctors in a war zone: if they actually stopped to register emotionally the devastation all around them, they’d never be able to get any work done. Today, Venezuela is undergoing the most brutally painful economic and social calamities probably since the Federal War. Sitting around feeling horrible about it, though, is not a luxury policy planners can afford.

Read more about The failure of the Misiones on poverty reduction

Venezuela - Project Syndicate

Restructuring Debt in the Dark

October 6, 2016

Ricardo Hausmann & Mark Walker - Project Syndicate

CAMBRIDGE – As the Annual Meetings of the International Monetary Fund and the World Bank begin in Washington, DC, one member country is conspicuously absent: Venezuela. Yet there is much to be discussed about the country’s finances. Indeed, a sovereign-debt crisis is inevitable.

All major sovereign-debt crises of the past – including in Mexico and Greece – have generated changes in the rules, jurisprudence, or strategies adopted by debtors, creditors, and international financial institutions. Most recently,… Read more about Restructuring Debt in the Dark

These are the brutal emergency measures it would take to pull Venezuela back from total collapse right now

July 6, 2016

Growth Lab research - Quartz

Venezuela, the world’s most oil-rich nation, is currently also the world’s biggest economic basket case.

Coca-Cola has stopped Coke production because there is no sugar. International airlines—including Aeromexico last month (paywall)—are halting flights to and from Caracas because currency controls make it nearly impossible to ship profits back home. Venezuelans are looting supermarkets to feed themselves.… Read more about These are the brutal emergency measures it would take to pull Venezuela back from total collapse right now

Venezuela Needs International Assistance to Recover

June 28, 2016

Ricardo Hausmann - New York Times

Venezuela’s problems are self-inflicted and the country will only recover if it mends its ways. However, there is much that the rest of the world could do to help Venezuela out of its current crisis.

How did we get here? Unfortunately the former president Hugo Chávez did not use the massive oil price boom between 2004 and 2013 to put money aside for a rainy day but instead, over-spent and quintupled the public foreign debt. This left the country in a vulnerable position because when the price of oil declined in 2014 the country was… Read more about Venezuela Needs International Assistance to Recover

¿De qué se trata el proyecto sobre Venezuela que está haciendo Harvard?; por Ricardo Hausmann

June 27, 2016

Ricardo Hausmann - Prodavinci

Desde finales de 2015, el Centro para el Desarrollo Internacional (CID) de la Universidad de Harvard ha venido desarrollando un proyecto de investigación sobre la difícil situación económica que atraviesa Venezuela. El objetivo del proyecto es generar la información y el conocimiento necesario para diseñar una estrategia de salida a la crisis. Ingresé a Harvard como profesor en el año 2000 y desde 2005 dirijo este centro. Durante ese tiempo he tenido la oportunidad de liderar proyectos similares para muchos países.… Read more about ¿De qué se trata el proyecto sobre Venezuela que está haciendo Harvard?; por Ricardo Hausmann

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