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Tag Archives: Dani Rodrik

Protectionism, development, redistribution, and more

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 …

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The global economy’s real enemy

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 …

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Focus on productivity, not technology

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 …

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America’s new trade policies

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 …

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What’s next for globalisation?

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 …

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The knowledge mismatch

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 …

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Rescuing economic growth

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, …

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Climate before trade

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 …

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The other side of US exceptionalism

Why American policymakers shouldn’t conflate reasserting its global primacy with establishing a more secure world COMMENT | DANI RODRIK | When I started teaching at Harvard’s Kennedy School in the mid-1980s, competition with Japan was the dominant preoccupation of U.S. economic policy. The book `Japan as Number One’ by Harvard’s …

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Emerging inflation heresies

  Economists should be humble when they recommend (or dismiss) various inflation-fighting strategies COMMENT | DANI RODRIK | The specter of inflation is once again stalking the world after a long period of dormancy during which policymakers were more likely to be preoccupied by price deflation. Now, old debates have …

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