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About the Editor and Authors
Authors Milan Brahmbhatt is Senior Adviser to the Vice President of the World Bank’s PREM Network. In this capacity, he advises and leads work on a range of macroeconomic and structural policy issues, including on fiscal policy and on the economics of climate change and sustainable growth. He has been adviser to the Chief Economist of the World Bank’s East Asia and Pacific Region, and he was leader of the global economic prospects and forecasting team in the Development Economics Department. He was a research manager at Data Resources Inc. (DRI/Standard & Poor’s), where he consulted on international economic, trade, and environmental issues with corporate and government clients and was the Director for DRI’s Asian Economic Service, where he focused on macroeconomic prospects for Asian economies. He holds an M.Sc. from the London School of Economics and is a former member of the Institute of Chartered Accountants in England and Wales. James Brumby is a Sector Manager and Lead Economist, Indonesia, for the World Bank. He has worked on public management reform at state, national, and international levels for 30 years. Prior to joining the World Bank in 2007, he was Division Chief in the Office of Budget and Planning, Deputy Division Chief in the Fiscal Affair Department at the International Monetary Fund, and Division Chief in the Public Management Group at the Organisation for Economic Co-operation and Development. He held various positions at the treasuries of New Zealand and the state of Victoria in Australia. Otaviano Canuto is the Vice President and Head of the PREM Network, a division of more than 700 economists and other professionals working on economic policy, poverty reduction, and analytic work for the World Bank’s client countries. He previously served as the Vice President for Countries at the Inter-American Development Bank. He was Executive Director of the Board of the World Bank in 2004–07 and also served in the Brazilian Ministry of Finance, where he was Secretary for International Affairs. He was a professor of economics at the University of São Paulo and University of Campinas in Brazil. He holds a PhD in economics from University of Campinas and a masters degree from Concordia University in Montreal. He has written extensively on development economics and growth. José Cuesta is a Senior Economist at the World Bank and an Affiliated Professor at Georgetown University, Washington, D.C. Previously, he was a Senior Research Economist at the Inter-American Development Bank. He