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The Past, Present, and Future of Economic Growth

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  • Dani Rodrik

Abstract

The author is a widely respected international specialist who mixes orthodox and unorthodox solutions according to how he perceives development policy has worked in the past. In this article, he shows that there are two pieces to the development puzzle, each difficult. One is the development of the right institutions, by no means something economists know about fully. The other is to develop leading industries. Both require the attention of government.

Suggested Citation

  • Dani Rodrik, 2014. "The Past, Present, and Future of Economic Growth," Challenge, Taylor & Francis Journals, vol. 57(3), pages 5-39.
    • Handle: RePEc:mes:challe:v:57:y:2014:i:3:p:5-39
    DOI: 10.2753/0577-5132570301
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    References listed on IDEAS

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    1. Commission on Growth and Development, 2008. "The Growth Report : Strategies for Sustained Growth and Inclusive Development," World Bank Publications - Books, The World Bank Group, number 6507.
    2. Daron Acemoglu & Simon Johnson & James A. Robinson, 2001. "The Colonial Origins of Comparative Development: An Empirical Investigation," American Economic Review, American Economic Association, vol. 91(5), pages 1369-1401, December.
    3. Branko Milanovic, 2012. "Global Inequality: From Class to Location, from Proletarians to Migrants," Global Policy, London School of Economics and Political Science, vol. 3(2), pages 125-134, May.
    4. Oded Galor & Andrew Mountford, 2008. "Trading Population for Productivity: Theory and Evidence," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 75(4), pages 1143-1179.
    5. Lant Pritchett, 1997. "Divergence, Big Time," Journal of Economic Perspectives, American Economic Association, vol. 11(3), pages 3-17, Summer.
    6. Dani Rodrik, 2013. "Unconditional Convergence in Manufacturing," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 128(1), pages 165-204.
    7. Arvind Subramanian & Martin Kessler, 2013. "The Hyperglobalization of Trade and Its Future," Working Paper Series WP13-6, Peterson Institute for International Economics.
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