Independent and cutting-edge analysis on global affairs
Thinking on economic development has converged on the view that growth requires foreign technology and good institutions. Reforms in the areas of economic openness and governance have accordingly become the cornerstones of development strategy in virtually every country.  However, actual development experience presents at best an awkward fit with this conception of growth basics. What the conventional view ignores is that learning and experimentation are an important precondition for development. Strategies that rely on off-the-shelf technological and institutional blueprints do not work well. Openness and governance remain important, but they need to be embedded in national development strategies that leave room for experimentation and "self discovery."
 
CONTRIBUTOR
Dani Rodrik
Dani Rodrik
The Premium Corporate Sponsor of TPQ
From the Desk of the Editor During the COVID-19 pandemic, individuals and governments across the globe have been reminded of the value of human life and the delicacy of human psychology. Societies have been forced to conform to governments’ speedy decisions to prevent the spread of the virus, and individuals—from the most vulnerable to the most well-off —were forced to self-isolate. The isolation...
STAY CONNECTED
SIGN UP FOR NEWSLETTER
FACEBOOK
PARTNERS