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Globalization, Structural Change and Productivity Growth

McMillan, Margaret - 2011

the difference between these countries' productivity performance and that of Asia is accounted for by differences in the … pattern of structural change - with labor moving from low- to high-productivity sectors in Asia, but in the opposite direction …

Persistent link: https://www.econbiz.de/10013123689

Did the Malaysian Capital Controls Work?

Kaplan, Ethan; Rodrik, Dani - 2021

Malaysia recovered from the Asian financial crisis swiftly after the imposition of capital controls in September 1998. The fact that Korea and Thailand recovered in parallel has been interpreted as suggesting that capital controls did not play a significant role in facilitating Malaysia's...

Persistent link: https://www.econbiz.de/10013235866

Institutions Rule : The Primacy of Institutions Over Geography and Integration in Economic Development

Rodrik, Dani; Subramanian, Arvind; Trebbi, Francesco - 2021

world, using recently developed instruments for institutions and trade. Our results indicate that the quality of …

Persistent link: https://www.econbiz.de/10013224849

Growth Accelerations

Hausmann, Ricardo; Pritchett, Lant; Rodrik, Dani - 2022

Unlike most cross-country growth analyses, we focus on turning points in growth performance. We look for instances of rapid acceleration in economic growth that are sustained for at least eight years and identify more than 80 such episodes since the 1950s. Growth accelerations tend to be...

Persistent link: https://www.econbiz.de/10013321621

Making Sense of the Soviet Trade Shock in Eastern Europe : a Framework and Some Estimates

Rodrik, Dani - 2021

Eastern European countries have experienced sharp declines in real GDP since 1990. One of the reasons for this decline is the Soviet trade shock, deriving from the collapse of the CMEA and of traditional export markets in the Soviet Union. This paper is an attempt to quantify the magnitude of...

Persistent link: https://www.econbiz.de/10013211658

Populism and the Economics of Globalization

Rodrik, Dani - 2017

history and economic theory both provide ample grounds for anticipating that advanced stages of economic globalization would … different reactions are related to the relative salience of different types of globalization shocks …

Persistent link: https://www.econbiz.de/10012952507

New Technologies, Global Value Chains, and Developing Economies

Rodrik, Dani - 2018

Many of the exports of developing countries are channeled through global value chains (GVCs), which also act as conduits for new technologies. However, new capabilities and productive employment remain limited so far to a tiny sliver of globally integrated firms. GVCs and new technologies...

Persistent link: https://www.econbiz.de/10012909494

Feasible Globalizations

Rodrik, Dani - 2021

The nation-state system, democratic politics, and full economic integration are mutually incompatible. Of the three, at most two can be had together. The Bretton Woods/GATT regime was successful because its architects subjugated international economic integration to the needs and demands of...

Persistent link: https://www.econbiz.de/10013223863

Trade, Social Insurance, and the Limits to Globalization

Rodrik, Dani - 2021

to such pressure by rendering the tax base footloose. With globalization proceeding apace, the social consensus required …

Persistent link: https://www.econbiz.de/10013246376

Putting Global Governance in its Place

Rodrik, Dani - 2019

In a world economy that is highly integrated, most policies produce effects across the border. This is often believed … to be an argument for greater global governance, but the logic requires scrutiny. There remains strong revealed demand … trajectories. The canonical case for global governance is based on two set of circumstances. The first occurs when there is global …

Persistent link: https://www.econbiz.de/10012863686