José Antonio Ocampo, a professor at Columbia University and Chair of the UN Economic and Social Council’s Committee for Development Policy, was Minister of Finance of Colombia and United Nations Under-Secretary-General for Economic and Social Affairs. He is the co-author (with Luis Bértola) of The Economic Development of Latin America since Independence.
The peace agreement between Colombia’s government and the FARC guerrilla group is an historic achievement that will put an end to more than a half-century of kidnappings, forced displacement, indiscri… read more
In the run-up to September’s G20 summit in Hangzhou, China, there has been much talk about strengthening global macroeconomic cooperation and reforming the international monetary system. This is far f… read more
After nearly a decade of recession, Puerto Rico may finally get the debt restructuring it needs to put its economy back on a sustainable path. But there is little hope of restoring growth if the US go… read more
The recent annual meetings of the IMF and the World Bank in Lima, Peru, were dominated by talk of the weakness of several emerging and developing economies. But the discussion focused very little on o… read more
At the Third International Conference on Financing for Development in Addis Ababa last month, efforts to strengthen international tax cooperation came to an abrupt halt. But, despite developed countri… read more
When it comes to funding development, taxes are perhaps the most critical piece of the puzzle. But the system for taxing multinational companies’ global profits is broken – and it is exacerbating ineq… read more
As China’s economy starts to slow, following decades of spectacular growth, the government will increasingly be exposed to the siren song of capital-account liberalization. It should not allow itself … read more
China’s rise has made the world increasingly disinclined to tolerate the instability caused by a US dollar-denominated system. The solution, however, lies not in replacing the dollar with the renminbi… read more
Financial volatility in emerging economies is fueling debate about whether they should be viewed as victims of advanced countries’ monetary policies or victims of their own excessive integration into … read more
