Bhagwati J, Srinivasan TN. Comments on"Outward-Orientation and Development: Are the Revisionists Right?". 1999.Abstract



(September 1999 version). This is actually the text of a letter sent to the authors (minus some personal remarks), which I have decided to post because I am frequently asked about this paper.

How Far Will International Economic Integration Go?. 1999.Abstract



Revised September 1999. Some wild speculation on the future of the world economy. Published in Journal of Economic Perspectives, Winter 2000.

Why Is There So Much Economic Insecurity in Latin America?. 1999.Abstract


August 1999. Revised version in CEPAL Review.

Rodrik D, Velasco A. Short-Term Capital Flows. Annual World Bank Conference on Development Economics. 1999.Abstract



The consequences (and causes) thereof.

Governing the Global Economy: Does One Architectural Style Fit All?. 1999.Abstract



April 1999 (Edited June 1999). How far will the new international financial architecture go, and what will it cost the developing countries?

Making Openness Work: The New Global Economy and the Developing Countries
Making Openness Work: The New Global Economy and the Developing Countries. Washington, DC: Overseas Development Council; 1999.Abstract

Policy makers in the developing world are grappling with the new dilemmas created by openness to trade and capital flows. What role, if any, remains for the state in promoting industrialization? Does openness exacerbate inequality, and if so what can be done about it? What is the best way to handle turbulence emanating from the world economy, and the fickleness of international capital flows in particular? This book argues that successful integration in the world economy requires a complementary set of policies and institutions at home. Policy makers have to reinforce their external strategy of liberalization with an internal strategy that gives the state substantial responsibility in fostering the accumulation of physical and human capital and in mediating social conflicts. - Excerpted from abstract.

Democracies Pay Higher Wages. Quarterly Journal of Economics, August 1999. 1998.Abstract



The title says it all. Revised and expanded version of NBER Working Paper No. 6364.

Why Do More Open Economies Have Bigger Governments?. 1998.Abstract



The revised version of NBER Working Paper No. 5537, published in the Journal of Political Economy, October 1998.

Where Did All The Growth Go? External Shocks, Social Conflict, and Growth Collapses. Journal of Economic Growth, December 1999. 1998.Abstract



A re-interpretation of recent economic history (revised version of NBER working paper No. 6350).

Saving Transitions. 1998.Abstract



July 1998. On the causes and consequences of rapid increases in saving rates. Published in The World Bank Economic Review, vol. 14, no.3, September 2000.

The Debate Over Globalization: How to Move Forward By Looking Backward. 1998.Abstract



May 1998. A paper prepared for a conference on the Future of the World Trading System, IIE, Washington, DC, April 15, 1998.

Capital Mobility and Labor. 1998.Abstract



April 1998. Draft paper prepared for the NBER workshop on Trade, Technology, Education, and the U.S. Labor Market, April 30-May 1, 1998.

Who Needs Capital-Account Convertibility?. 1998.Abstract



A short paper for a Princeton International Finance Section symposium.

Democracy and Economic Performance. 1997.Abstract



A paper for a conference in South Africa.

Globalization, Social Conflict and Economic Growth. 1997.Abstract



December 1997. The 1997 Raul Prebisch lecture delivered at UNCTAD (published in The World Economy, March 1998).

Trade Policy and Economic Performance in Sub-Saharan Africa. 1997.Abstract



A study commissioned by the Swedish Ministry of Foreign Affairs.

What Drives Public Employment?. 1997.Abstract



Published in Review of Development Economics, 4(3), October 2000.

TFPG Controversies, Institutions, and Economic Performance in East Asia. 1997.Abstract


Has Globalization Gone Too Far?
Has Globalization Gone Too Far?. Washington, DC: Institute for International Economics; 1997 pp. 128. Publisher's VersionAbstract

"The world economy faces a serious challenge in ensuring that international economic integration does not contribute to domestic social disintegration. The book focuses on the three major sources of tension between globalization and social stability: the transformation of the employment relationship, conflicts between international trade and social norms, and the pressures brought to bear on national governments in maintaining domestic cohesion and social welfare systems." - Institute for International Economics