China https://blogs.worldbank.org/growth/taxonomy/term/10898/all en China and Emerging Markets: Riding Wild Horses https://blogs.worldbank.org/growth/china-and-emerging-markets-riding-wild-horses-0 <div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><img alt="" src="https://blogs.worldbank.org/growth/files/growth/Year%20of%20the%20Horse.jpeg" style="float:right; height:225px; width:300px" />One month ago, I discussed some <a href="https://blogs.worldbank.org/growth/calibrating-2014" rel="nofollow">major risks</a> to a slight upturn in the global economic scenario for 2014.</div></div></div> Tue, 04 Feb 2014 00:01:00 +0000 Otaviano Canuto 8874 at https://blogs.worldbank.org/growth Moving Past the Commodity Supercycle: Are We There Yet? https://blogs.worldbank.org/growth/moving-past-commodity-supercycle-are-we-there-yet <div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><img alt="" src="https://farm9.staticflickr.com/8346/8261700135_1dbc5cff3a.jpg" style="float:right; height:200px; width:300px" />Some analysts are predicting that the commodity price boom of the new millennium is something that has played itself out. Except for shale gas and its downward pressure on U.S. natural gas prices, however, natural resource-based commodity prices have remained high by historical records in the last few years, despite the feebleness of the recent global economic recovery.</div></div></div> Mon, 04 Nov 2013 17:51:01 +0000 Otaviano Canuto 8868 at https://blogs.worldbank.org/growth Resource-Backed Investment Finance in Least Developed Countries https://blogs.worldbank.org/growth/resource-backed-investment-finance-least-developed-countries <div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><img alt="" src="https://farm8.staticflickr.com/7141/6836352349_7d9ef02c15.jpg" style="float:right; height:225px; width:300px" />In recent decades, <a href="https://www.globalfinance.mu/flip/book.swf#p=78" rel="nofollow">Least Developed Countries</a> (LDCs) have been using their natural-resources as collateral to access sources of finance for investment, countervailing the barriers they face when accessing conventional bank lending and capital markets.  Depending on whom you ask, such financing models have been alternately vilified and sanctified in the global development debate.</div></div></div> Mon, 23 Sep 2013 21:09:00 +0000 Otaviano Canuto 8865 at https://blogs.worldbank.org/growth China: The Morphing Dragon https://blogs.worldbank.org/growth/china-morphing-dragon <div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><p> <img alt="" src="https://farm3.staticflickr.com/2057/1543141169_6e82c3fe0e.jpg" style="width:300px; height:202px; float:right" /></p> <p> The Chinese economy has changed dramatically over the last three decades. While its per-capita income was only a third of that of Sub-Saharan Africa in 1978, it has now reached an upper-middle income status, lifting more than half a billion people out of poverty. The numbers are dramatic: per capita income has doubled for more than a billion people in just 12 years. What was once a primarily rural, agricultural economy has been transformed into an increasingly urban and diversified economic structure, with decentralization and market-based relations rising relative to the traditional government driven command-based economy.<br /></div></div></div> Wed, 22 May 2013 18:18:00 +0000 Otaviano Canuto 8860 at https://blogs.worldbank.org/growth