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."
 
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Dani Rodrik
Dani Rodrik
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Yapı Kredi
Foreword After the violent dissolution of the former Yugoslavia in the 1990s, there had been a shared sense of hope for a more peaceful future for the European continent. Unfortunately, this comfortability disappeared after Russian President Vladimir Putin ordered his troops to march against the Ukrainian forces throughout the border on 24 February 2022. This marked a turning point not only for the region...
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