Topic: Economics

Which big developing country economies are most likely to crash?

This week’s Economist has a go at identifying the dominos before they fall. It says ‘The drought of foreign capital is beginning to wreck many economies in central and eastern Europe. Currencies, shares and bonds are tumbling, and some economists fear that one or more of these countries could default on its foreign debts. Emerging-market […]

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Why we should buy more from developing countries and other tips on pro-poor shopping

My long-suffering research team colleague Richard King has a paper out today that will hopefully ruffle a few feathers. It argues that how we shop, what we eat, and what we throw away are becoming frontline issues in the effort to tackle climate change. In the UK, we need to change how and what we […]

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From Poverty to Power in South Africa

Just spent a week promoting the South African edition of From Poverty to Power, published by Jacana Media with a nice foreword from Francis Wilson, an authority on poverty and labour markets in SA who also chaired the launch event at the Book Lounge in Cape Town. Jacana put on a great programme of public […]

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What is Gordon Brown thinking on the G20 summit?

I joined a roomful of suits today for an hour with the PM. The venue was Lancaster House, the pink marble and gilt architectural cheesecake that will be the venue for the G20 summit on 2 April. Perhaps there’s guilt as well as gilt – Lancaster House previously hosted talks that led to the independence […]

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Links I liked: Rodrik reflates; Brown goes Green; Ireland backslides on aid; plus Life of Brian

Dani Rodrik talks sense as always, this time about how to engineer a quick bailout for poor countries – the IMF engineers a massive fiscal stimulus Gordon Brown nails his colours to the climate change mast in Davos: ‘we cannot afford to relegate climate change to the international pending tray because of our current economic […]

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Is The Economist going socialist?

The back half of The Economist (business, finance and economics) is having an excellent crisis. If you’re willing to filter out the gratuitous (and increasingly defensive) neoclassical riffs, there is some really excellent analysis in there and even some (perhaps inadvertent) progressive thinking. This week’s edition includes a three page briefing on the Asian economies and […]

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Protectionism – good or bad? It depends……

I wrote this for the ‘Development and the Crisis‘ website I plugged recently, but thought I’d recycle it here: It’s official. Protectionism is the Great Satan. Gordon Brown decries it in Davos; William Easterly crows over what he sees as Dani Rodrik’s conversion to the cause. All countries must eschew protectionism or risk a disastrous return to […]

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A Promising new debate on the financial crisis

Take a look at Development and the Crisis, a new online debate moderated by Dani Rodrik, which has kicked off with contributions from Nancy Birdsall, Jose Antonio Ocampo, Arvind Subramanian, and Yung Chul Park. Here are some excerpted highlights from Dani’s opening pitch ‘Let developing nations rule’:

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Greed, Fear, Deregulation and previous crashes: the origins of the meltdown

Rich pickings in this week’s Economist with a special report on the future of finance, and a nice briefing on ‘global economic imbalances’ that ties together the East Asian crisis of the late 90s with the current mess. The story runs like this, (allowing for my non-Economist spin) The East Asian financial crisis of the […]

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Links I liked: mobiles v coke; Obama’s Mandela moment etc

Are mobiles the new Coca Cola? Mobile phones are held up as the most promising aspect of new technology in terms of helping poor people improve their lives, but some new research suggests people are cutting back on food and other essentials to pay for the all important status symbol. See here for a summary […]

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Brazil is top of the world on an environmental issue – recycling

I’m mugging up on green jobs as part of the research for a forthcoming paper on the need for a ‘global green new deal’ and came across this great and (to me) unexpected example from Brazil. It’s drawn from UNEP’s ‘Green Jobs’ paper. Brazil is the global leader in aluminium can recycling — some 10.3 billion […]

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Ah, so that’s how you sell books…..

Identifying and promoting the writings of brilliant dissidents like Ha-Joon Chang, the Cambridge economist, has always struck me as a particularly useful role for NGOs. In 2001 Ha-Joon published ‘Kicking Away the Ladder‘, which had a significant impact in the Doha trade negotiations, helping to demonstrate the double standards being employed by rich countries who used […]

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