Comments on "New Structural Economics" by Justin Yifu Lin, in World Bank Research Observer. ; 2011.Abstract


The Future of Economic Convergence. 2011.Abstract



Do not expect miracles.

Rodrik D, McMillan M. Globalization, Structural Change, and Productivity Growth. 2011. PDF Data

In some countries structural change enhances economy-wide productivity, in others it reduces it.  Why? Dataset and Employment VA data.  Published as Chapter 2 of "Making Globalization Socially Sustainable."

The Globalization Paradox: Democracy and the Future of the World Economy
The Globalization Paradox: Democracy and the Future of the World Economy. New York and London: W.W. Norton; 2011 pp. 368. Publisher's VersionAbstract

Surveying three centuries of economic history, a Harvard professor argues for a leaner global system that puts national democracies front and center.  From the mercantile monopolies of seventeenth-century empires to the modern-day authority of the WTO, IMF, and World Bank, the nations of the world have struggled to effectively harness globalization's promise. The economic narratives that underpinned these eras—the gold standard, the Bretton Woods regime, the "Washington Consensus"—brought great success and great failure. In this eloquent challenge to the reigning wisdom on globalization, Dani Rodrik offers a new narrative, one that embraces an ineluctable tension: we cannot simultaneously pursue democracy, national self-determination, and economic globalization. When the social arrangements of democracies inevitably clash with the international demands of globalization, national priorities should take precedence. Combining history with insight, humor with good-natured critique, Rodrik's case for a customizable globalization supported by a light frame of international rules shows the way to a balanced prosperity as we confront today's global challenges in trade, finance, and labor markets.

Balyoz : Bir Darbe Kurgusunun Belgeleri ve Gerçekler
Balyoz : Bir Darbe Kurgusunun Belgeleri ve Gerçekler. Istanbul: Destek Yayinevi; 2010. Publisher's VersionAbstract

Written in Turkish with my wife Pinar Dogan, this book covers the most important political trial in Turkey in at least five decades, which opened in December 2010. It is based on our blog on the topic. Balyoz is a legal and political exposé. It details a brazen effort to frame more than 300 officers for crimes they have not committed. It documents the roles that groups within the judiciary, police, media, intelligentsia, the national science and technological institute, and (last but not least), the AKP government have played in creating what can best be called an “alternative reality.” (Balyoz means “sledgehammer” in Turkish; it refers to the code name of the fictional coup plot on which the book is based.) This is a book I never thought I would (have to) write.

Handbook of Development Economics
Rodrik D, Rosenzweig MR ed. Handbook of Development Economics. 5th ed. Amsterdam: North-Holland; 2010. Publisher's VersionAbstract

This is the new edition of the Handbook of Development Economics. Compared to previous versions, it focuses more on policy questions. The Handbooks in Economics series continues to provide the various branches of economics with handbooks which are definitive reference sources, suitable for use by professional researchers, advanced graduate students, or by those seeking a teaching supplement.With contributions from leading researchers, each Handbook presents an accurate, self-contained survey of the current state of the topic under examination. These surveys summarize the most recent discussions in journals, and elucidate new developments.Although original material is also included, the main aim of this series is the provision of comprehensive and accessible surveys.The Handbooks are indispensable reference works which belong in every professional collection, and form ideal supplementary reading for graduate economics students on advanced courses.

Making Room for China in the World Economy, in American Economic Review: Papers & Proceedings. ; 2010. PDF

Revaluation of the Chinese currency is not the simple solution to global macroeconomic imbalances that many think.

Diagnostics before Prescription, in Journal of Economic Perspectives. ; 2009.Abstract

Summer 2010.

Rodrik D, Rosenzweig M. Development Policy and Development Economics: An Introduction. 2009.Abstract



The introduction to the next volume of the Handbook of Development Economics.

Growth after the Crisis. 2009. PDF

Yes, there will be some.

Rodrik D, Subramanian A. Why Did Financial Globalization Disappoint?. 2009. PDF

It has a lot to do with the exchange-rate consequences of capital inflows. Published as an IMF Staff Paper.

The Disappointments of Financial Globalization, in Bank of Thailand International Symposium. ; 2008. PDF
The New Development Economics: We Shall Experiment, But How Shall We Learn?. 2008.Abstract



Revised, October 2008.
There is a lot more convergence between macro- and micro-development economists than meets the eye.

The Real Exchange Rate and Economic Growth. 2008.Abstract



Undervaluation is good for growth, but why?  Brookings Papers on Economic Activity, Fall 2008.

Understanding South Africa's Economic Puzzles, in Economics of Transition. ; 2008.Abstract



Why is unemployment so high and growth so low in South Africa? Because of neglect of non-resource tradables.

Industrial Policy: Don't Ask Why, Ask How, in Middle East Development Journal. ; 2008.Abstract


Thinking about Governance, in The World Bank in Governance, Growth, and Development Decision-making ; 2008. PDF
Normalizing Industrial Policy. 2008.Abstract



The practical problems confronting industrial policy are no different from those in, say, education policy or macroeconomic policy. Commission on Growth and Development Working Paper No. 3, 2008.

Nations et mondialisation: Les stratégies nationales de développement dans un monde globalise
Nations et mondialisation: Les stratégies nationales de développement dans un monde globalise. Paris, France: Editions la Découverte; 2008. Publisher's VersionAbstract

Près de vingt ans après la mise en œuvre du « consensus de Washington » (1990), quel bilan peut-on tirer de la « bonne gouvernance » que les grandes institutions éco-nomiques internationales ont tenté d’imposer aux pays du Sud ? Et quels enseigne-ments sur la mondialisation se dégagent des trajectoires contrastées qu’affichent les continents en développement ? Contre toute attente, les pays qui ont le plus bénéficié de la globalisation sont ceux qui, comme la Chine, l’Inde ou le Vietnam, ont le moins respecté ses règles. En comparaison, l’Amérique latine, qui s’était conformée aux principes de l’orthodoxie économique, n’a enregistré que de mauvais résultats. Ce n’est donc pas la libéralisation en soi qui permet le succès économique, mais les stra-tégies pragmatiques adoptées par les gouvernements, tenant compte des mutations in-dispensables mais aussi des caractéristiques nationales. En rapprochant les évolutions réelles des théories dominantes sur la croissance et le développement, Dani Rodrik insiste sur la nécessité de faire rapidement évoluer les paradigmes de la mondialisation. Selon lui, il ne s’agit plus de libéraliser davantage, mais de créer dans chaque pays l’espace politique permettant de traiter les problèmes que pose l’ouverture. Ce premier ouvrage traduit en français de cet économiste à la renommée internationale réunit quatre essais (dont deux études de cas, Inde et Améri-que latine), indispensables pour comprendre l’articulation entre développement et mondialisation.

One Economics, Many Recipes: Globalization, Institutions, and Economic Growth
One Economics, Many Recipes: Globalization, Institutions, and Economic Growth. Princeton, NJ: Princeton University Press; 2008 pp. 280. Publisher's VersionAbstract

Poor countries become rich not by following in suit of their predecessors but rather by overcoming their own highly specific constraints.  While economic globalization can be a boon for countries that are trying to dig themselves out of poverty, success usually requires following policies that are tailored to local economic and political realities rather than obeying the dictates of the international globalization establishment. One Economics, Many Recipes shows how successful countries craft their own unique growth strategies and what other countries can learn from them. - Princeton University Press