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Forecasting the Official Forecasts

The IMF is signalling that it will further revise down its global growth forecast.  This is after cutting the forecast sharply in October and again in November.  Their latest published view is growth...

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The World Bank And The Stress Test For U.S. Banks

Forecasters at international organizations often find themselves in a delicate position.  On the one hand, they have unparalleled access to hard data and intelligence about what is happening in every...

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Jim Yong Kim For The World Bank

By Simon Johnson, co-author of White House Burning A decision on choosing the next president of the World Bank is expected this week – perhaps as early as Monday.  The Obama administration nominated...

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Thinking About Doing Business

By Simon Johnson In class #1 of Entrepreneurship without Borders (at MIT Sloan) we discussed attitudes towards starting a new business.  In many countries, people want to become entrepreneurs, but they...

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