Tag Archives: Dani Rodrik

  Governments must learn how to enhance productivity and employment in labour-intensive service sectors COMMENT | DANI RODRIK | Conventional economics has always had a blind spot when it comes to jobs. The problem goes back to Adam Smith, who placed consumers, rather than workers, on the throne of economic life. …

When governments make nationalist mistakes, it is primarily their own people who pay the price COMMENT | DANI RODRIK | With the United States leading the way, the world seems to be entering a new era of economic nationalism, as many countries prioritise their domestic social, economic, and environmental agendas over …

COMMENT | Dani Rodrik | Dani Rodrik, Professor of International Political Economy at Harvard Kennedy School, President of the International Economic Association and the author of `Straight Talk on Trade: Ideas for a Sane World Economy’ (Princeton University Press, 2017) says more… Project Syndicate: “What some decry as protectionism and mercantilism,” you …

Why geopolitics and not protectionism should be the worry for the future health of the world economy COMMENT | DANI RODRIK | “The era of free trade seems to be over. How will the world economy fare under protectionism?” This is one of the most common questions I hear nowadays. But …

New technologies may fail to lift all boats because their benefits can be captured by a small group COMMENT | DANI RODRIK | Economists have long argued that productivity is the foundation of prosperity. The only way a country can increase its standard of living sustainably is to produce more goods …

Will its restrictive approach to China and subversion of the WTO leave the developing world behind? COMMENT | Dani Rodrik | Developing countries are increasingly worried that the United States will turn its back on the multilateral trade regime. Amid rising geopolitical tensions, policymakers in lower- and middle-income countries fear that a …

The future of the world economy will depend on how these competing policy frameworks play out COMMENT | Dani Rodrik | The narrative that underpins the current global economic system is in the midst of a transformative plot twist. Since the end of World War II, the so-called liberal international order has …

Policymakers and innovators remember that it is not any knowledge, but useful knowledge, that empowers us COMMENT | Dani Rodrik | Knowledge holds the key to economic prosperity. Technology, innovation, and know-how all come from learning new ways to produce the goods and services that enrich us. Knowledge is also the archetypal …

In Highly Indebted countries, it might require a combination of deeper debt reduction and longer time COMMENT | Dani Rodrik, Reza Baqir, and Ishac Diwan | This year may prove devastating for the developing world, as more and more countries find themselves engulfed in debt crises. Several (Lebanon, Sri Lanka, Russia, Suriname, …

Why trade rules shouldn’t stand in the way of measures that advance global decarbonisation effort COMMENT | Dani Rodrik | Late last month, a foreign leader accused U.S. President Joe Biden of pursuing “super aggressive” industrial policies. It was not Russian President Vladimir Putin or Chinese President Xi Jinping, whose countries are …