Danny Quah says China can provide a new narrative to lead, without even needing to mention power. China’s currency recalibrations have jolted global markets, as did America’s 2013 “taper tantrum”, when then US Federal Reserve chairman Ben Bernanke said the fed might slow the rate of bond purchases. China is seeking inclusion of its currency in the International Monetary Fund’s […]
This first appeared in Brookings Future Development, 18 February 2015, as “The Simple Arithmetic of China’s Growth Slowdown”
What does China’s growth slowdown mean to you?
I ask here not about the New World Order, global power shifts, or whether the United States retains its position as a global hegemon. Nor do I mean the impact on the world economy, a colossal […]
This article was published by the World Bank on 10th November, 2014. Across all recorded history, 99% of humanity has never invented a single thing. Yet, it is a truth universally acknowledged that long-run sustained progress in economic well-being arises from human creativity and innovativeness. In this regard, the average human and indeed the great majority of humanity over the last seven […]
Professor Jude Howell is a a Professor of International Development at LSE. This article was originally published by the East Asia Forum on 15 October 2014. In September 2014 the Inter-Parliamentary Union released its latest figures on the number of women in national parliaments. Rwanda topped the league with women accounting for 63.8 per cent of parliamentarians in the lower […]
Asia may be thriving, but it still faces real economic constraints and governance challenges. Danny Quah argues that the region needs to be understood as a whole if these issues are to be addressed. Two-thirds of humanity is Asian. This includes the populations of not just the world’s only two-billion-people economies – China and India – but also tiny nation-states […]
Following a recent United Nations conference, Robert Wade voices his frustration at the failure of international trade economists to see beyond their own bubble. A whole industry is now in gear to construct global goals as successors to the Millennium Development Goals (MDGs), which are due to “expire” in 2015. The successors are to be called the Sustainable Development Goals […]
Guenther Schoenleitner Director, International Financial Institutions Division, Federal Ministry of Finance, Austria (Guenther Schoenleitner writes here in an independent capacity and his comments do not necessary reflect the views and opinions of his employer). This post is the second part of a response to Professor Teddy Brett’s October Blog post entitled ‘International Inequality and the Global Crisis – Managing Markets […]
Guenther Schoenleitner Director, International Financial Institutions Division, Federal Ministry of Finance, Austria (Guenther Schoenleitner writes here in an independent capacity and his comments do not necessary reflect the views and opinions of his employer). This post is a response to Professor Teddy Brett’s October Blog post entitled ‘International Inequality and the Global Crisis – Managing Markets for Sustainable Growth‘ Many thanks for […]
Economic change in China will move hundreds of millions of households from poverty to prosperity. But what does everyday life look like for a Chinese family living through Chinese economic development? As a consultant and ethnographer working for ReD Associates I’d like to share some intimate experiences from my research with a middle-class man who has lived through the country’s […]
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The Extreme Poor Gaining Control of Their Own Environment
The Extreme Poor Gaining Control of Their Own Environment
Professor Danny Quah asks whether some of development’s best friends are also its worst enemies? Originally posted on DannyQuah.com. When Pope Francis addressed the UN on 25 September 2015 he said this on the problem of economic development: To enable these real men and women to escape from extreme poverty, we must allow them to be dignified agents of their […]