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Globalization and Technological Transformation

October 18, 2018

DECRG Kuala Lumpur Seminar Series

  • Globalization has increased the pace of technological diffusion. Cross-border technological transfer has not only contributed to rising domestic productivity levels in advanced and emerging economies, but it has also facilitated a partial reshaping of the innovation landscape. Some recipient countries have become significant new sources of research and development as well as patents. At the same time, the introduction of new technologies is changing the engine of growth in many developing countries and the nature of international trade.

    This presentation will review recent trends in globalization and technological transformation, assessing the changing nature of innovation in developing countries, the extent to which services is replacing manufacturing as an engine of development, and the future of production fragmentation and global value chains. 

    Download the papers:

    Overlapping Globalisations

    Making Returns on Knowledge - How Innovation Can Flow from Globalisation

    Can Services Replace Manufacturing as an Engine for Development?

    Watch and join us via Live Chat: Seminar will be live-streamed, allowing for online audience participation (only available during the seminar)


  • Otaviano Canuto

    Mr. Otaviano Canuto currently holds the position of Executive Director at the Executive Board of Directors of the World Bank Group and its Affiliates, the same position he held when he was Executive Director of the World Bank from 2004-2007. He represents Brazil, Colombia, Dominican Republic, Ecuador, Haiti, Panama, Philippines, Suriname, and Trinidad & Tobago. He is also a member and Chairman of the Committee on Development Effectiveness (CODE). Prior to this position, Mr. Canuto served in the following capacities: Executive Director of the Board of Directors of the International Monetary Fund (IMF) for Brazil, Cabo Verde, Dominican Republic, Ecuador, Guyana, Haiti, Nicaragua, Panama, Suriname, Timor Leste, and Trinidad & Tobago (2015-2016); Senior Advisor on BRICS economies at the World Bank (2014-2015); Vice President for Poverty Reduction and Economic Management Network (PREM), World Bank (2009-2014); and Vice President for Countries at the Inter-American Development Bank (2007-2008). In Brazil, in the year 2003, he was State Secretary for International Affairs at the Ministry of Finance. Mr. Canuto received his Master in Economics from the Concordia University in Montreal, Canada, and was subsequently awarded his Doctorate in Economics from the University of Campinas, Brazil. At the University of São Paulo and at the State University of Campinas (UNICAMP) in Brazil, he was a Professor of macro and international economics. He has authored and co-edited 7 books and over 160 book chapters and academic articles, and is a frequent contributor to numerous Blogs and Periodicals: Capital Finance International; Huffington Post; Project Syndicate; VoxEU; Roubini Global Economics; Seeking Alpha; No Se Mancha, and Columbia Global Centers.


  • WHEN: Thursday, October 18, 2018; 12:30-2:00PM
  • WHERE: World Bank Malaysia Office, Level 3, Sasana Kijang, No. 2, Jalan Dato’ Onn
  • RSVP: Kindly RSVP by Wednesday, October 17, 2018