A surprising World Bank recipe for industrial policy: new proposal from Justin Lin

July 2, 2010
Justin Lin, the World Bank’s chief economist, was in London last week and presented his new paper on ‘Growth Identification and Facilitation’. Two years ago he came through just after being appointed, promising to bring a ‘new perspective’ to the Bank (see post here). His new paper certainly does that, as its subtitle ‘the role of the state in the dynamics

Successful Green Industrial Policy – Brazilian biofuels

May 11, 2010
The highly polarized debate on the role of industrial policy in development is dominated by discussions of the East Asian tigers, so good to see a discussion from another continent on what makes for successful state intervention – Brazil and biofuels. Here’s the highlights from a recent article by Tarun Khanna of the Harvard Business School and Santiago Mingo of

Development v Climate Change: a new UN report tries to square the circle

September 11, 2009
September is the start of report season, an avalanche of global roundups from UN agencies, thinktanks etc that seems to grow in number every year. As it coincides with the party conference season, start of the college year in the Northern hemisphere etc etc, it all makes for a horrific backlog. So to ease the collective bottleneck, here’s some highlights

Protectionism – good or bad? It depends……

February 3, 2009
I wrote this for the ‘Development and the Crisis‘ website I plugged recently, but thought I’d recycle it here: It’s official. Protectionism is the Great Satan. Gordon Brown decries it in Davos; William Easterly crows over what he sees as Dani Rodrik’s conversion to the cause. All countries must eschew protectionism or risk a disastrous return to the trade wars that triggered

So what does the World Bank's new chief economist think about development?

December 23, 2008

Remember the development round? Belated reflections on the WTO Doha collapse

December 22, 2008

Just when you thought the Washington Consensus was dead, along comes the G8…

December 11, 2008