We think of trade-driven growth during the era of hyper-globalisation as having created many “growth miracles” since the 1990s. But how did that happen? If we look at what created these miracles more closely, will that help us to understand how the geopolitical and technology shifts of the last decade have affected, and will continue to affect, the relationship between international trade and development?
Penny Goldberg of Yale and Michele Ruta of the IMF are the authors of a chapter in the forthcoming Handbook of Development that questions many of our assumptions about the role of trade in growth miracles. They tell Tim Phillips about how this engine of development really worked – and why it might not work as well in future.
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S6 Ep44: What have we learned about training entrepreneurs?
How can we train the next generation of entrepreneurs? In developing economies, more than a billion dollars a year is spent on this type of training, but does it work, are we training the right people with the right skills – and what opportunities are there to do better?
David McKenzie of the World Bank is one of the senior editors of the latest version of the VoxDevLit on Training Entrepreneurs. He tells Tim Phillips what we know about what training can achieve, why training programmes are not “one size fits all”, and what this all means for policy.
The VoxDevLit on training entrepreneurs: https://voxdev.org/voxdevlit/training-entrepreneurs
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S6 Ep43: How religion shapes economic development
What is the relationship between religion and economic development? Does economic development mean fewer people become religious, or more? What causes people to believe, and does organised religion adapt as societies change, and competition from other religions increases?
Sara Lowes of UC San Diego, Eduardo Montero on the University of Chicago, and Benjamin Marx of Boston University are the authors of a new review of religion in emerging and developing regions. They talk to Tim Phillips about how our assumptions about what religion is, and why people believe, are not always accurate – and how an understanding of religiosity can help policymakers understand our motivations and create social policy that is effective.
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S6 Ep42: Leonard Wantchekon on African development, democracy, and the African School of Economics
“ Africa must become a full participant in global knowledge production, not just a passive recipient of solutions from elsewhere.” The journey of Leonard Wantchekon from teenage revolutionary in Benin to professor of economics at Princeton also led him to found the African School of Economics.
In this week's episode, Leonard talks to Tim Phillips about what he learned from imprisonment and torture, how to improve African democracy, the legacy of slavery on trust, and how African economists can contribute to development in the region.
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S6 Ep41: India’s economic development since independence
A fascinating new book called A Sixth of Humanity, Independent India’s Development Odyssey examines 75 years of development in the world’s most populous country – the successes and failures, the compromises, and the ways in which India has defied many of our ideas of how development should happen. The authors are Devesh Kapur of Johns Hopkins University School of Advanced International Studies, and Arvind Subramanian of the Peterson Institute, also of course formerly Chief Economic Advisor to the Government of India. They speak to Tim Phillips about what Indian politicians and policymakers around the world can learn from India’s economic transformation.
The book is called A Sixth of Humanity: Independent India’s Development Odyssey. It is published by HarperCollins India. https://harpercollins.co.in/product/a-sixth-of-humanity/
Netherlands