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WORKING PAPERS
February 08, 2024
A fracturing of the institutional infrastructure undergirding globalization would harm efforts to cope with urgent national problems and international crises. The imperative for the leading economic powers is to defuse threats to globalization and to promote resilience of global value chains. The fl...
CGD NOTES
April 06, 2023
Countries continue to bet on Special Economic Zones to improve their industrial prospects, but why? SEZs are a handy and politically expedient instrument of regional and industrial policies, but too often, countries continue to establish zones even though they've ceased to deliver the outcomes they...
CGD NOTES
January 09, 2023
On balance, the Southeast Asian countries have done better than Latin American countries by pursuing export-led industrial strategies, however, unlike the Tigers, neither group has been able to enter the ranks of high-income countries. This note offers reasons for the shortfall in growth and briefly...
CGD NOTES
February 24, 2022
The worldwide shock inflicted by COVID-19 had the making of a “perfect crisis:” the kind that should not be wasted. Indeed, it could serve as an opportunity to initiate major reforms. Unfortunately, Pakistan, like virtually all other countries, has permitted the opportunity to go waste. Pakistan may...
CGD NOTES
August 19, 2021
Vietnam’s development since the early 1990s has given new life to the East Asian export-led growth model. For late starting economies, Vietnam’s experience provides valuable lessons not only on the policy initiatives that can deliver positive results, but also on the inevitable and the potentia...
Blog Post
June 16, 2021
Among South Asian economies, Bangladesh is touted as a rising star. But is the praise entirely justified? Can Bangladesh now serve as a model for other countries, perhaps offering an alternative to the longstanding East Asian export-led growth paradigm? The jury is still out however, and the e...