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


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

PDF Data Description

Revised, June 2006. Data and data description.

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



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.

The Social Cost of Foreign Exchange Reserves. 2005.Abstract



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


PDF Data

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



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



The short answer is: no.

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



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

Growth Strategies. 2004.Abstract



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

Rethinking Economic Growth in Developing Countries. 2004.Abstract



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

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



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



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

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



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



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.