Year: 2024

Lessons from the Past: The Impact of NAFTA on Mexico’s Export Specialization Pattern

By Praveena Bandara With Chinese electric vehicle (EV) manufacturing giants like Jetour announcing plans to establish  EV assembly plants in Mexico by the end of 2024, it is a critical time for Mexico to revisit its past success with the automotive industry. This can inform future decisions and help develop mutually beneficial strategies with respect […]

Premature Specialization? The Export Re-specialization Pattern of Mexico

Since the early 1990s, Mexico has been on a path of increasing export re-specialization, the sequential shift in a country’s exporting pattern from diversification to specialization in more technology and capital-intensive products. This is an unexpected phenomenon, as export re-specialization is typically experienced by advanced economies.   In a new working paper, Praveena Bandara examines why […]

Stepping on the Scale: The G20 and Raising MDB Ambition for the 2030 Agenda and Beyond

By Maureen Heydt  The global community is running out of time and falling behind on financing shared climate and development goals, with the United Nations warning that 85 percent of the 2030 Sustainable Development Goals (SDGs) are either off track, stagnant or regressing. Likewise, efforts to limit a global temperature increase to 1.5C consistent with […]

GDP Center Round-Up: 2024 International Monetary Fund/World Bank Group Annual Meetings

By Tim Hirschel-Burns The 2024 International Monetary Fund (IMF)/World Bank Group Annual Meetings will take place from October 21-27 in Washington, D.C. amid severe debt distress, lagging efforts to align global economic governance with modern realities, and a ticking clock to keep global climate and development goals alive. Several policy issues with important implications for […]

China, South-South Cooperation and Supporting Green Development

By Jiaqi Lu The exchange of knowledge, technology and resources among developing countries through South-South cooperation has been crucial in driving green development forward. Over the past two decades, China has emerged as a key player in South-South cooperation through its development initiatives, including development finance and recent support for renewable energy.  A new special […]

Green Opening-up and South-South Cooperation

The systemic impacts of climate change and environmental degradation are evolving profoundly, highlighting the vulnerability of public systems and governance capabilities in developing countries under multidimensional challenges.  From a regional perspective, developing countries in Southeast Asia, Africa, Latin America and other regions are facing the dual challenges of development and climate change. At the same […]