Ayhan Kose | Ideas For India

Ayhan Kose
World Bank

M Ayhan Kose is Director of the World Bank Group’s Development Prospects Group. He is also a Nonresident Senior Fellow at the Brookings Institution and a Research Fellow at the Center for Economic Policy Research (CEPR). He was previously Assistant to the Director of the Research Department and Deputy Chief of the Multilateral Surveillance Division in the International Monetary Fund.

He has written extensively on international macroeconomics and finance. Many of his articles have been published in leading academic journals, such as the American Economic Review, International Economic Review, Journal of International Economics, Review of Economic Dynamics, Journal of Development Economics, and Economic Policy. He has also written articles for a number of policy-oriented publications and produced books on global recessions, financial crises and emerging market economies. His latest book,Collapse and Revival: Understanding Global Recessions and Recoveries (co-authored), tracks the global business cycle through the destruction of a global recession to the renewal of recovery, drawing on four major episodes in the past half century.

His recent research focuses on fiscal and monetary policies in emerging market economies, global business and financial cycles, and cross-border spillovers. He taught at the University of Chicago’s Booth School of Business and INSEAD, and was formerly Assistant Professor at Brandeis International Business School.

He has a Ph.D. in economics from the Tippie College of Business of the University of Iowa and a B.S. in industrial engineering from Bilkent University.

Articles By Ayhan Kose
Painful spillovers from slowing BRICS growth
Posted On: 08 Jun 2016

Tags:   BRICS

A synchronous growth slowdown has hit emerging markets, especially the BRICS, since 2010, with the potential for significant adverse spillovers to the rest of the world. This column estimates that a 1 percentage point decline in BRICS growth could reduce global growth by 0.4 percentage points, and growth in other emerging markets by 0.8 percentage points, over the following two years.
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