Publications

2006
Industrial Development: Stylized Facts and Policies Revised. 2006. PDF

Industrial development requires trade and exchange rate policies that are specifically geared to that purpose.

Rodrik D, Hausmann R. Doomed to Choose: Industrial Policy as Predicament. 2006.Abstract

 

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Rodrik D, Hausmann R, Hwang J. What You Export Matters. 2006.Abstract


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Revised, June 2006. Data and data description.

Goodbye Washington Consensus, Hello Washington Confusion?. 2006.Abstract

 

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The Washington Consensus is dead. What will take its place?

What's So Special About China's Exports?. 2006. PDF

China is exporting stuff that is way too sophisticated for its level of income, and that explains part of its success.

2005
The Social Cost of Foreign Exchange Reserves. 2005.Abstract

 

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December 2005. Developing countries are paying a high (and preventable) cost for self-insurance against capital-market follies. Revised version published in the International Economic Journal, September 2006.

Rodrik D, Hausmann R, Pritchett L. Growth Accelerations. 2005.Abstract

 

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There are many more of them than is commonly thought; this is an attempt to understand what determines their occurrence.

Rodrik D, Hausmann R, Velasco A. Growth Diagnostics. 2005.Abstract

 

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Revised, March 2005. The trick is to identify the binding constraint to economic growth. This paper shows why and how.

Rodrik D, Wacziarg R. Do Democratic Transitions Produce Bad Economic Outcomes?. 2005.Abstract

 

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The short answer is: no.

2004
Rodrik D, Lyigun M. On the Efficacy of Reforms: Policy Tinkering, Institutional Change, and Entrepreneurship. 2004.Abstract

 

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Revised October 2004. When policy tinkering beats structural reform, and vice versa.

Growth Strategies. 2004.Abstract

 

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A paper for the Handbook of Economic Growth, revised October 2004.

Rethinking Economic Growth in Developing Countries. 2004.Abstract

 

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October 2004. The Luca d'Agliano Lecture for 2004.

Industrial Policy for the Twenty-First Century. 2004.Abstract

 

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Just when you thought it was dead...

Rodrik D, Rigobon R. Rule of Law, Democracy, Openness and Income: Estimating the Interrelationships. 2004. PDF

A new attempt to identify the causal relationships among institutions, income, openness, and geography.

Getting Institutions Right. 2004. PDF

A user's guide to the recent literature on institutions and growth.

Rodrik D, Subramanian A. From Hindu Growth to Productivity Surge: The Mystery of the Indian Growth Transition. 2004.Abstract

 

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No, it had nothing to do with IT and outsourcing.

2003
Rodrik D, Hausmann R. Discovering El Salvador's Production Potential. 2003.Abstract

 

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Part of a report on El Salvador's economic strategy, and an attempt to operationalize ideas in the other papers on this site.

Rodrik D, Hausmann R. Economic Development as Self-Discovery. 2003.Abstract

 

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Revised April 2003. New-age economics meets the Washington Consensus.

In Search of Prosperity: Analytic Narratives on Economic Growth
In Search of Prosperity: Analytic Narratives on Economic Growth. Princeton University Press; 2003 pp. 496. Publisher's VersionAbstract

The economics of growth has come a long way since it regained center stage for economists in the mid-1980s. Here for the first time is a series of country studies guided by that research. The thirteen essays, by leading economists, shed light on some of the most important growth puzzles of our time. How did China grow so rapidly despite the absence of full-fledged private property rights? What happened in India after the early 1980s to more than double its growth rate? How did Botswana and Mauritius avoid the problems that other countries in Sub-Saharan Africa succumbed to? How did Indonesia manage to grow over three decades despite weak institutions and distorted microeconomic policies and why did it suffer such a collapse after 1997?

What emerges from this collective effort is a deeper understanding of the centrality of institutions. Economies that have performed well over the long term owe their success not to geography or trade, but to institutions that have generated market-oriented incentives, protected property rights, and enabled stability. However, these narratives warn against a cookie-cutter approach to institution building.

The contributors are Daron Acemoglu, Maite Careaga, Gregory Clark, J. Bradford DeLong, William Easterly, Ricardo Hausmann, Simon Johnson, Daniel Kaufmann, Massimo Mastruzzi, Ian W. McLean, Georges de Menil, Lant Pritchett, Yingyi Qian, James A. Robinson, Devesh Roy, Arvind Subramanian, Alan M. Taylor, Jonathan Temple, Barry R. Weingast, Susan Wolcott, and Diego Zavaleta.

Edited and with an introduction by Dani Rodrik.

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