economic growth

Mercosur: Crisis-Ridden and Pronounced Dead but Still Alive

South American countries are far too busy with their scandals and crises to be making progress with economic and political integration. And yet those crises could be exactly what gives Mercosur its second wind. The news coming out of Brazil recently is reminiscent of a political thriller. A president deposed under questionable circumstances (Dilma Rousseff) […]

Mauritius: Ready for a Second Economic Miracle?

On March 12, 2018, Mauritius celebrates 50 years of independence. The country is proud of its economic progress and the government has set an ambitious goal: to transform the remote island state into a high-income country within the next few years. What is the origin of the Mauritian success story? In 1961 Nobel-prize-winning British economist […]

Protesters in São Paulo

Revisiting a Success Story

Solid economic growth, combined with social policies: This was the recipe for success followed by many Latin American countries like Brazil. Now, the boom in exports has ended – all at the cost of social advances made in recent years. Is it time to question previous reform policies? Most economies in Latin America and the […]

Taipei Skyline

And the winner is … Taiwan

Ranking at the top of the BTI Status Index, Taiwan’s transformation from an authoritarian developing country to a thriving democracy and market economy deserves special attention. What are the recipes for the island state’s political and economic success? Taiwan is the Status Index top performer among the 129 countries surveyed in the 2016 edition of […]

Construction workers in Dagachhu Hydropower Development in Bhutan.

Is Bhutan on the Cusp of a Revolution in Private Sector Growth?

Expanding the private sector is key for development in Bhutan. Yet, aligning this with the practice of Gross National Happiness is only one of the challenges. What could the government do to foster entrepreneurship? Bhutan has made remarkable developmental progress since the 1960s when the Third King decided to end the Himalayan kingdom’s self-imposed isolation […]

Two freighters are preparing to transit the Panama Canal starting at Gatun Locks on the Atlantic side © Matthew Ragen/veer

Does Climate Change Threaten the Future of the Panama Canal?

Panama’s economic prospects are bright. Yet global warming may endanger one of the country’s main sources of revenue and growth – the Panama Canal. It’s essential to build resilience around one of the world’s most important waterways. Panama has made itself into a financial hub in the Americas. Over the past five years, its economy […]

Brazilians protest against the government and corruption, 15 March 2015 © José Cruz/Agência Brasil (CC BY 2.0)

“Few Leaders with a National Vision”

On 15 August 2015, thousands of Brazilians once again took to the streets to protest against President Dilma Rousseff. Economist Renato Flôres explains the failure of Brazil’s political leadership, the future of the ruling Partido dos Trabalhadores (PT) party, and what the country needs in order to return to a growth and development path. BTI […]

Construction works in Ethiopia © Simon Davis/Department for International Development (CC BY 2.0)

Inclusive Development is needed to Sustain “Africa Rising”

Against predictions, the past 15 years have seen many African countries on the path towards greater stability, investment and growth. Now the challenge is to ensure that this success filters down to the level of ordinary citizens. For most of the previous century Africa has generally suffered from negative stereotypes – particularly from a governance […]

Hery Rajaonarimampianina, President of the Republic of Madagascar, at UN Headquarters in New York © UN Photo/Eskinder Debebe

Madagascar’s Rocky Path to Democracy

After five years of political turmoil and economic standstill, Madagascar seems to be headed for recovery. The new democratic government wants to restore rule of law, tackle poverty, and foster growth. Yet the island remains burdened by a legacy of power struggles and corruption. The men open the heavy steel door of the container. This […]

Police escort in Karachi © Colin Cookman/Flickr (CC BY-NC-SA 2.0)

Pakistan’s Violent Economy

Contrary to Western perception it’s not Islamic violence but economic misery that matters most to people in Pakistan. Yet, few believe that the government will soon put the country on a path of progress. I had only five days to shoot in Karachi for the “Secrets of Transformation” series, a joint project of Deutsche Welle […]

© SERGEY NVENS / fotolia.com

The Art of Comparing Economic Growth

Turkey’s government argues that the economy has grown threefold during the past ten years. Are these numbers misleading the voters for the purpose of self-promotion? Comparison is an art. Just as statistics is the art of lying, comparison is the art of demoralizing. Theodore Roosevelt, often seen as one of the best U.S. presidents, once […]