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Kemal Derviş

Kemal Derviş, former Minister of Economic Affairs of Turkey and former Administrator for the United Nations Development Program (UNDP), is Vice-President of the Brookings Institution.


Commentaries by Kemal Derviş

  • Newsart for Balancing the Technocrats

    Balancing the Technocrats

    ISTANBUL – A simplistic (actually, naive) view of markets is that they exist almost in a “state of nature,” and that the best of all worlds …

  • Newsart for Economic Policy’s Narrative Imperative

    Economic Policy’s Narrative Imperative

    WASHINGTON, DC – The best advice I received when taking up policymaking responsibilities in Turkey more than a decade ago was to take “a lot…

  • Newsart for The Great Disconnect

    The Great Disconnect

    PARIS – Since the second half of 2012, financial markets have recovered strongly worldwide. Indeed, in the United States, the Dow Jones indu…

  • Newsart for David Cameron’s European Spaghetti Bowl

    David Cameron’s European Spaghetti Bowl

    WASHINGTON, DC – British Prime Minister David Cameron’s “Europe” speech, delivered on January 23, was powerful, polished, contained a bold v…

  • Newsart for The Centrists Cannot Hold

    The Centrists Cannot Hold

    WASHINGTON – In most advanced democracies, a large center-right party competes with a large center-left party. Of course, the extent to whic…

  • Newsart for Should Central Banks Target Employment?

    Should Central Banks Target Employment?

    WASHINGTON, DC – On December 12, US Federal Reserve Chairman Ben Bernanke announced that the Fed will keep interest rates at close to zero u…

  • Newsart for The Second Coming of Barack Obama

    The Second Coming of Barack Obama

    WASHINGTON, DC – The race was tough, but US President Barack Obama has won re-election. The question now, for the United States and the worl…

  • Newsart for Back to the Brink for the Eurozone?

    Back to the Brink for the Eurozone?

    ISTANBUL – When European Central Bank President Mario Draghi announced in late July that the ECB would “do whatever it takes” to prevent so-…

  • Newsart for Europe’s Vital French Connection

    Europe’s Vital French Connection

    PARIS – In the debates raging over the future of the European Union and the eurozone, Germany always takes center stage. It has the largest …

  • Newsart for Mario Draghi’s Guns of August

    Mario Draghi’s Guns of August

    WASHINGTON, DC – August has been a dangerous month in European history, but this year it could be the turning point for the eurozone – and p…

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Recent comment received by Kemal Derviş

  • Balancing the Technocrats

    Kubilay M. Öztürk: Well, the underlying argument - the elusive-balance between free markets and government - is hardly new. The observation that technocrats have come to the fore in dictating long-term government policy…

  • Balancing the Technocrats

    Manuel Gomes Samuel: Mr. Dervis, you are right! This is a complex issue, there is an implicit need to strike some balance between the fluctuant will of the people and stable scientific knowledge. Looking at the example yo…