Richard Kozul-Wright, Director of the Division on Globalization and Development Strategies at the United Nations Conference on Trade and Development, is the author, most recently, of Transforming Economies: Making Industrial Policy Work for Growth, Jobs and Development.
While the world watches anxiously for signs of US President Donald Trump’s next move vis-à-vis China, Chinese leaders remain focused on the next stage of their country's ongoing economic transformatio… read more
Conventional wisdom holds that household savings will flow to companies that can best put the money to productive use. But in many developing countries, easier access to finance has not led to more fi… read more
Global debt has grown some $57 trillion since the 2008 collapse of Lehman Brothers, reaching a back-breaking $199 trillion in 2014, more than two and a half times global GDP. As these obligations beco… read more
China-led initiatives like the Asian Infrastructure Investment Bank and the Silk Road Fund have been criticized as efforts to displace existing bodies like the World Bank. But China and its partners s… read more
