CNBC-TV18 India talks to Kaushik Basu on Growth
Following is the trancscript of Kaushik Basu's interview with CNBC-TV18, India, which first appeared on www.moneycontrol.com. In an interview to CNBC-TV18, Kaushik Basu, chief economist, World Bank...
View ArticleService with a smile: A new growth engine for poor countries
This post was originally published in Voxeu.org. Services have long been the main source of growth in rich countries. We argue that services are now the main source of growth in poor countries as well....
View ArticleA guide to the top World Bank blogs and blog posts of 2012
Last year I wrote a post listing the most read 100 World Bank blogposts of 2011. I also compared the Bank’s 26 English-language blogs with one another in terms of how many posts they got in the...
View ArticleWe need to move from arbitrary crisis response to systematic risk management:...
An old proverb cautions that “an ounce of prevention is worth a pound of cure.” There is a lot of truth to this: interventions to prevent infectious disease and infant malnutrition have repeatedly been...
View ArticleLaw and Development from the Ground Up: Bridging Health Care by the Sewa River
In Sierra Leone's rainy season, the Sewa River, feared by many locals for its powerful currents, floods over its banks separating entire villages from basic services. Konta health clinic in Kenema...
View ArticleKaushik Basu, the world economy, humility, and jobs
At his Sabanci lecture yesterday on ‘Emerging Nations and the Evolving Global Economy’, Kaushik Basu predicted that sluggish growth will likely prevail overall for the next two years, as the baton of...
View ArticleTwo Goals for Fighting Poverty
It is widely agreed that eliminating extreme poverty in the world should take priority in thinking about our development goals going forward. The '$1 a day' poverty line is a simple metric for...
View ArticleIn the long run, we all want to be alive, and thrive
Ninety years ago, in his A Tract on Monetary Reform Keynes famously wrote “In the long run we are all dead”. That observation recently stirred a lot of debate for all the wrong reasons, after Niall...
View ArticleScenarios are not merely uncertain forecasts
My previous blog ended with a question about the usefulness of anticipating the long-term future if that future is highly uncertain. Ever since the 1982 article on “Trends and random walks in...
View ArticleEnding Extreme Poverty In Our Generation
It sounds impossible. Unthinkable. A world free from extreme poverty. A world in which no child is born to die, no child goes to bed hungry, every child lives a life free from violence and abuse...
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Amartya Sen on India and China
'Why is China Ahead of India? Implications for Europe and the US,' was the topic of a talk yesterday at the World Bank by Nobel winner Amartya Sen which was chaired by Kaushik Basu. In the span of just...
View ArticlePoverty reduction at the forefront of development
The Millennium Development Goals (MDGs) put the fight against poverty at the center of the international development agenda. And progress has been noteworthy - so much so that it is now fueling more...
View ArticleDo our minds play tricks on us?
The following post is the first in a series exploring 'mind and culture: pathways to economic development,' the theme of the World Bank's upcoming World Development Report 2015. Try to guess the answer...
View ArticleMaking Informed Investment Decisions in an Uncertain World
“The most calamitous failures of prediction usually have a lot in common. We focus on those signals that tell a story about the world as we would like it to be, not how it really is. We ignore the...
View ArticleMaking Development Edutaining
Development is not easy; making it sustainable, even more difficult. Take for example road traffic rules. We can build better roads and install traffic lights, but cannot guarantee adherence to...
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