I have blogged before about a rather surprising result (to me at least) regarding productivity convergence in manufacturing. Despite the lack of convergence among economies as a whole, there is apparently quite strong convergence within manufacturing industries. What this means is that manufac...

Guest Post by Danny Leipziger,Professor of International Business at George Washington University, and former Vice President for Poverty Reduction and Economic Management at the World Bank A new president will take over the World Bank on July 1st. Dr. Jim Kim inherits a venerable institution tha...

I spent a few short days in Latvia last week. My meetings centered on industrial policy, which Latvia is serious about – quite interestingly for a country that is often viewed as a hotbed of conservative economics. But my time there also gave me an opportunity to reflect on the country’s much di...

I have blogged before about a rather surprising result (to me at least) regarding productivity convergence in manufacturing. Despite the lack of convergence among economies as a whole, there is apparently quite strong convergence within manufacturing industries. What this means is that manufac...