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When Economic Reform Goes Wrong: Cashews in Mozambique

McMillan, Margaret Mcmillan; Rodrik, Dani; Welch, Karen Horn - National Bureau of Economic Research (NBER) - 2002

Mozambique liberalized its cashew sector in the early 1990s in response to pressure from the World Bank. Opponents of the reform have argued that the policy did little to benefit poor cashew farmers while bankrupting factories in urban areas. Using a welfare-theoretic framework, we analyze the...

Persistent link: https://www.econbiz.de/10005061546

Institutions for High-Quality Growth: What They are and How to Acquire Them

Rodrik, Dani - National Bureau of Economic Research (NBER) - 2000

This paper opens with a discussion of the types of institutions that allow markets to perform adequately. While we can … identify in broad terms what these are, there is no unique mapping between markets and the non-market institutions that … institutions. A range of evidence indicates that participatory democracies enable higher-quality growth. …

Persistent link: https://www.econbiz.de/10005710420

In Search of the Holy Grail: Policy Convergence, Experimentation, and Economic Performance

Mukand, Sharun; Rodrik, Dani - National Bureau of Economic Research (NBER) - 2002

We consider a model of policy choice in which appropriate policies depend on a country's own circumstances, but the presence of a successful leader generates an informational externality and results in too little 'policy experimentation.' Corrupt governments are reined in while honest...

Persistent link: https://www.econbiz.de/10005710726