Economic Development

Ask CFR Experts

Is China still “rising” or has it already “risen”?

Asked by Lauren Billi, from New York University

Both are accurate. China certainly "has risen" to become a global economic power: in only three decades, it has transformed itself into the world's second largest economy, largest exporter, and largest provider of loans to the developing world. At the same time, China is rising: its economic and political system, as well as its foreign policy, is still developing. To state categorically that China "has risen" is to accept that the China of today will be substantially the same as the China of five to ten years from now, and few people in or outside China would accept such a conclusion.

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See more in China; Economic Development

Book

Why Growth Matters

Authors: Jagdish N. Bhagwati and Arvind Panagariya

Two preeminent experts on the Indian economy argue that despite myriad development strategies, only one can succeed in alleviating poverty: the overall growth of the country's economy.

See more in India; Economic Development

Audio

Diversifying Global Supply Chains

Speakers: Astrid Pregel, Anabella Ruiz de Freeman, and Elizabeth Vazquez
Presider: Isobel Coleman

Astrid Pregel, Anabella Ruiz de Freeman, and Elizabeth Vazquez discuss the opportunities and challenges to integrating women-owned businesses into global supply chains.

See more in Women; Economic Development; Global

Op-Ed

Mexico’s New Narrative

Author: Julia E. Sweig
Folha de Sao Paulo

Julia E. Sweig assesses the recent shift in Mexico's narrative under the newly inaugurated president, Enrique Peña Nieto, and the implications of this shift for Brazil.

See more in Economic Development; Mexico; Brazil

Op-Ed

Mexico Isn't a Gangland Gunbattle

Author: Shannon K. O'Neil
USA Today

Shannon K. O'Neil says, "[American] perceptions reflect the Mexican reality that dominates headlines: soaring crime rates and gruesome murders in a war against drug traffickers. But this window into Mexico overlooks an economic transformation and deepening ties with the United States that reflect a dramatically different country."

See more in Economic Development; Mexico; Latin America and the Caribbean; Emerging Markets