Browsing articles tagged with " development"
Development: beyond aid and trade
Dani Rodrik explains how rich countries could promote development overseas:
First, a new global compact should focus more directly on rich countries’ responsibilities. Second, it should emphasize policies beyond aid and trade that have an equal, if not greater, impact on poor countries’ development prospects.
A short list of such policies would include:
- carbon taxes and other measures to ameliorate climate change;
- more work visas to allow larger temporary migration flows from poor countries;
- strict controls on arms sales to developing nations;
- reduced support for repressive regimes; and
- improved sharing of financial information to reduce money laundering and tax avoidance.
Notice that most of these measures are actually aimed at reducing damage—for example, climate change, military conflict, and financial crime—that otherwise results from rich countries’ conduct. “Do no harm” is as good a principle here as it is in medicine.
Read his piece here.
Recent Posts
Popular Tags
animation
annie leonard
arms dealers
austerity
banks
climate change
corporate welfare
corruption
debt
democracy
Econ4 video remix contest
economics
education
employment
energy
environment
financial crisis
fiscal policy
free-market
gar alperovitz
gerald friedman
greed
green
growth
health care
inequality
insurance
investment
james k. boyce
john maynard keynes
joseph stiglitz
Juliet Schor
labor
markets
minimum wage
movements
music
new economy
Occupy Wall Street
politics
recession
regulation
robert reich
subsidies
taxes