Found 73 article(s) for author 'Dani Rodrik'

The Double Standard of America’s China Trade Policy

The Double Standard of America’s China Trade Policy. Dani Rodrik, May 10, 2018, Opinion, “Many liberal commentators in the US think that Donald Trump is right to confront China over its trade tactics, and object only to his methods. Yet Trump’s trade agenda is driven by a narrow mercantilism that privileges the interests of US corporations above those of all other.Link

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The Political Economy of Ideas: On Ideas Versus Interests in Policymaking

The Political Economy of Ideas: On Ideas Versus Interests in Policymaking. Dani Rodrik, March 2018, Paper, “We develop a conceptual framework to highlight the role of ideas as a catalyst for policy and institutional change. We make an explicit distinction between ideas and vested interests and show how they feed into each other. In doing so the paper integrates the Keynes-Hayek perspective on the importance of ideas with the currently more fashionable Stigler-Becker (interests only) approach to political economy. We distinguish between two kinds of ideational politics – the battle among different worldviews on the efficacy of policy (worldview politics) versus the politics of victimhood, pride and identity (identity politics).Link

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Trump’s Trade Gimmickry

Trump’s Trade Gimmickry. Dani Rodrik, March 9, 2018, Opinion, “The imbalances and inequities generated by the global economy cannot be tackled by protecting a few politically well-connected industries, using manifestly ridiculous national security considerations as an excuse. Such protectionism is a gimmick, not a serious agenda for trade reform.Link

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Max Weber Lecture with Dani Rodrik (Harvard Kennedy School), Fiesole 14 February 2018

Max Weber Lecture with Dani Rodrik (Harvard Kennedy School), Fiesole 14. Dani Rodrik, February 2018, Video, “Dani Rodrik delivered a lecture on ‘Globalisation and the populist backlash’ at the EUI addressing how globalisation has affected the diffusion of populism and the distinctive casues of left-wing and right-wing populism.Link

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Does Europe Really Need Fiscal and Political Union?

Does Europe Really Need Fiscal and Political Union? Dani Rodrik, December 11, 2017, Opinion, “There is a growing sense in Europe, among conservatives and progressives alike, that fiscal and eventual political union is necessary to maintain the euro without damaging economic performance or democratic values. But there is also an alternative, much less ambitious view, according to which only banking union is needed.Link

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The Elusive Promise of Structural Reform

The Elusive Promise of Structural Reform. Dani Rodrik, November 28, 2017, Book Chapter, “This Chapter reconsiders the notion of and rationale for ‘structural reforms.’ Structural reforms are changes in labor and product markets as well as wider institutional changes that aim to increase the efficiency with which labor and capital are allocated in the economy, ensuring that these resources go where their contribution to national income is largest. If successful, such changes promote productivity, investment, and growth. Structural reforms are often part of the conditionality accompanying financial assistance, and the assistance offered to Greece since 2010 is no exception…Link

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The Trouble With Globalization

The Trouble With Globalization. Dani Rodrik, October 20, 2017, Paper, “Electorates around the world were told not only that globalization was inevitable, but also that it necessarily took the particular form they were witnessing. The nation-state, it was said, was the enemy of globalization, and therefore had to get out of the way. Globalization required ever-stronger global rules mandated by trade agreements, multilateral organizations and international networks of regulators. But not to worry: it would promote economic progress and political harmony, even if not for everyone right away.Link

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Growth Without Industrialization?

Growth Without Industrialization? Dani Rodrik, October 10, 2017, Opinion, “Low-income African countries can sustain moderate rates of productivity growth into the future, on the back of steady improvements in human capital and governance. But the evidence suggests that, without manufacturing gains, the growth rates brought about recently by rapid structural change are exceptional and may not last.Link

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Green Industrial Policy: Accelerating Structural Change towards Wealthy Green Economies

Green Industrial Policy: Accelerating Structural Change towards Wealthy Green Economies. Dani Rodrik, 2017, Paper, “There are two major reasons for governments and societies to accelerate structural change in their economies and proactively shape its direction. First, there is the challenge of creating wealth. Structural change, that is, the reallocation of capital and labour from low- to high-productivity activities, is a key driver of productivity growth and higher incomes. This is particularly important for developing countries where incomes are low and poverty is pervasive. According to the latest available estimates, 767 million people lived on less than $1.90 a day, and 1.9 billion people in the developing world still had less than US $ 3.10 a day in 20131 – a clear indication that the current structural composition of national economies does not provide a sufficient number of productive jobs.Link

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