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Devesh Kapur

Devesh Kapur

12 commentaries

Devesh Kapur, Professor of South Asian Studies at Johns Hopkins University’s Paul H. Nitze School of Advanced International Studies, is the co-author of The World Bank: Its First Half Century.

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  1. The Absent Voices of Development Economics
    subramanian24_ Spencer PlattGetty Images_woman child poverty Spencer Platt/Getty Images

    The Absent Voices of Development Economics

    Mar 26, 2021 Arvind Subramanian & Devesh Kapur show how randomized controlled trials are amplifying the Global South’s underrepresentation in the field.

  2. The Crisis India Needed
    kapur10_ Faisal KhanAnadolu Agency via Getty Images_indiasoldierladakh Faisal Khan/Anadolu Agency via Getty Images

    The Crisis India Needed

    Jul 6, 2020 Devesh Kapur thinks China’s recent aggression will force Narendra Modi’s government to launch long-overdue reforms.

  3. What Next for the Bretton Woods Twins?
    op_kapur1_FanaticStudioGaryWatersSciencePhotoLibraryGettyImages_holdingupdollarsign FanaticStudio/Gary Waters/Science Photo Library via Getty Images

    What Next for the Bretton Woods Twins?

    Oct 18, 2019 Devesh Kapur traces the divergent paths of the International Monetary Fund and the World Bank since their founding.

  4. Can the World Bank Redeem Itself?
    world bank group building Win McNamee/Getty Images

    Can the World Bank Redeem Itself?

    Dec 3, 2018 Devesh Kapur & Arvind Subramanian identify three intellectual sins of omission that have undermined the organization's impact and credibility.

  5. Asia’s Hierarchies of Humiliation
    India and China conflict over Tibet Hindustan Times/Getty Images

    Asia’s Hierarchies of Humiliation

    Jul 12, 2017 Devesh Kapur worries that, at a time of rising nationalism, simmering historical anger will boil over.

  1. manlan17_bgblueGetty Images_phoneheart bgblue/Getty Images

    Fintech Must Embrace Universal Inclusion

    Carl Manlan & Adanna Chukwuma point out that developing financial products for people with disabilities is a major economic opportunity.
  2. krueger82_Ishara S. KodikaraGettyImages_sri_lanka_debt_crisis Ishara S. Kodikara/Getty Images

    The Urgency of Global Debt Reform

    Anne O. Krueger highlights the need for an international framework that prevents prolonged restructuring negotiations.
  3. rajan96_Pallava BaglaCorbis via Getty Images_indiaengineer Pallava Bagla/Corbis via Getty Images

    Economic Development in a Protectionist World

    Raghuram G. Rajan thinks poorer countries should be exploring new growth models, regardless of whether a new trade war erupts.
  4. anelson2_Jam Sta RosaGettyImages_alice_guo_poster Jam Sta Rosa/Getty Images

    China Takes Aim at Philippine Democracy

    Adam Nelson & May Butoy urge the US and its regional allies to focus on helping policymakers address five key vulnerabilities.
  5. johnson182_MANDEL NGANAFP via Getty Images_trump Mandel Ngan/AFP via Getty Images

    The Economic Consequences of Trump 2.0

    Simon Johnson explains why reality is unlikely to come close to matching the US president-elect's rhetoric.
  6. cferguson3_Getty Images Getty Images

    Our AI Near-Future

    Charles Ferguson

    Although AI has great potential to bring exciting changes to education, art, medicine, robotics, and other fields, it also poses major risks, most of which are not being addressed. Judging by the response so far from political and other institutions, we can safely expect many years of instability.

    offers a brief roadmap of how the technology will evolve and be deployed over the next few years.
  7. tharoor198_AnadoluGettyImages_kash_patel_maga Anadolu/Getty Images

    The Indians Dividing MAGA

    Shashi Tharoor shows how one immigrant group became central to the “civil war” within Donald Trump’s base.
  8. james225_AnadoluGettyImages_un_security_countil_meeting Anadolu/Getty Images

    Shock Therapy for Multilateralism

    Harold James considers what another Donald Trump presidency will, and will not, mean for global cooperation.
  9. rogoff257_Drew AngererGetty Images_trumppowell Drew Angerer/Getty Images

    Will Trump Fire the Fed?

    Kenneth Rogoff

    Despite Donald Trump’s assurances that he will not seek to remove Federal Reserve Chair Jerome Powell, there is little doubt that the US president-elect aims to gain greater influence over the Fed’s decision-making. Such interference could drive up long-term interest rates, damaging the American economy.

    worries about the incoming US administration’s plans to weaken the central bank’s independence.

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