Publications

2008
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

 

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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

 

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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

 

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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

 

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

 

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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

Second-best Institutions, in American Economic Review: Papers & Proceedings. ; 2008. PDF

If you think best-practice is the way to go in institutional reform, think again.

2007
Rodrik D, Hausmann R, Sabel C. Reconfiguring Industrial Policy: A Framework with an Application to South Africa. 2007. PDF

How to improve the practice of industrial policy in South Africa.

How to Save Globalization from its Cheerleaders. 2007.Abstract

 

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If you like globalization and want to maintain it, don't push market liberalization too far.

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.

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