When Export-Led Growth Backfires: Why Stalling Demand Breaks the Model
In 2008, when Lehman Brothers collapsed, the ripple effect hit a garment factory in Bangladesh within weeks. Orders from Walmart and H&M evaporated. T...
Beyond Growth Metrics: Unlocking Structural Transformation for Resilient Economic Systems
Expert analysis on industrial policy, institutional reform, and capital allocation strategies for seasoned professionals navigating complex development landscapes.
Articles — Page 6
What to Fix First in a Dual Economy: Formalization or Productivity?
Policymakers in Kampala, Manila, and Lima all ask the same question: do we chase formalization first, or productivity? The answer is rarely neat. A go...
Choosing an Industrial Policy Without Picking Winners — and Losers
Industrial policy is back. After decades of neoliberal consensus, governments from Washington to Brussels to Seoul are openly picking strategic sector...
When Infrastructure Returns Outpace GDP: What Gets Left Behind
The road to the new port will be finished by 2027. The feasibility study promises an internal rate of return of 18%. The country's GDP is growing at 6...