« When good news for markets is bad news for the economy | Main | If it is July, it must be time to think about teaching... »

July 23, 2007

Comments

paine

i find martin a wind bag

and this free to choose ones path... really

then why strike this darker note

" developing countries should be allowed to try"

"allowed "

hmmmmm

"allowed "

clearly forces in play
----" our north country
pri-sec
'global credit mangers'"??------could...un allow...
choice ...
if something "better"
were to their pleasure
or
i should say
long (or even just short run)interest

jonfernquest

Protectionist sentiments in the US had something to do with Korea's success too. Nixon was pressuring Korea to reduce textile exports, there was the pullback from Vietnam that was feeding the Korean economy, the World Bank told Park Chung Hee he just couldn't jump all the development steps he was planning to do, and then within a decade, Korea had a steel and shipbuilding industry, with a lot of subsidies from Japan. "Race to the Swift: State and Finance in Korean Industrialisation, 1991, Jung-en Woo.

I just don't see how economists can get away without studying or addressing history. In some ways it sets a feasibility constraint.

James

Hi Dani,

Great blog. I just finished the paper you wrote a couple of years ago regarding the political trilemma of the global economy. I'm a bond trader at the CBOT and a lot of problems you describe with the nation state and self determination resonate very well. Take for instance the current arrangement in the US treasury market where the Chinese are buying treasuries holding down rates in order to stimulate exports. I have a strong suspicion that many in the private sector know that rates should go higher to curb inflation, but long ago the last vigilante was killed because foreign CB's are becoming too dominate. The long end of the yield curve is still inverted! Who should hold the keys to interest rates? Foreign CB's or the private sector who is trying to sell bonds because they are overvalued. I enjoyed your review of Argentina. The rest or world and especially Asia is greatly misreading the general US public if they think that congress is not going to respond to domestic concerns of most Americans whatever the potential adverse consequences to "globalization" are. Have a good night
James

Emmanuel

Dr. Rodrik, it seems to me that Wolf comes out as an apologist for but not a contrarian to "neoliberal" measures if you read the entire book review as I note in my post:

http://ipezone.blogspot.com/2007/07/fts-wolf-in-defense-of-neoliberalism.html

Here is an excerpt that I think demonstrates Wolf's generally unfavorable view of "mercantilist" measures:

South Korea and Taiwan were exceptional cases. The argument that success will follow the overthrow of the neo-liberal consensus and the return of protection is nonsense. But the [books'] authors are right that those who argued that free trade alone is the answer were wrong. There are no magic potions for development. Developmental states can work. Many fail. But some may succeed.

Justin Rietz

I echo Emmanuel's sentiments. I don't believe Wolf agrees with a more mercantilist approach, but rather that outsiders shouldn't interfere with a country's chosen economic path.

I would say it is quite similar to Easterly's position.

rolex watches

This is clearly replica watches the job for our legal fraternity to engage the establishment to necessary breitling watches steps by filing petitions in various courts. IF one fails another should be cartier watches filed taking every one to task. It is rolex watches useless to suggest ways and means to solve tag heuer watches the day to day problem to well paid employees tissot watches of government controlled establishments. Only active omega watches judiciary will resolve this problem.
http://www.watchvisa.com
http://www.watchvisa.com/breitling-watches.html
http://www.watchvisa.com/cartier-watches.html

rado watches

Why is everyone just montblanc watches willing to accept power cuts? Don't you think that patek philippe watches having continious power is your right? If people aren't going to demand rado watches 24X7 power, don't expect anything zenith watches to change. The government needs to look at other sources parmigiani watches of power generation. The only solution is more power panerai watches production. Nothing less.
http://www.watchvisa.com/montblanc-watches.html
http://www.watchvisa.com/patek_philippe-watches.html
http://www.watchvisa.com/rado-watches.html
http://www.watchvisa.com/tudor-watches.html

rolex watches

People usually say :"Seeing is believing." http://www.tt88times.com
Each attempt has a corresponding gain, in part or obvious, or vague. At least we have the kind of satisfaction After I bought this watch ,in a sense,it means a great deal to me. http://www.fashionhairfu.com

jordan shoes

People usually say :"Seeing is believing." http://fansshirt.com Each attempt has a orresponding gain, in part or obvious, or vague. At least we have the kind of satisfaction After I bought this watch ,in a sense,it means a great deal to me. http://boon-shoes.com

nfl jersey

People usually say :"Seeing is believing." http://jordanmass.com Each attempt has a orresponding gain, in part or obvious, or vague. At least we have the kind of satisfaction After I bought this watch ,in a sense,it means a great deal to me. http://boon-shoes.com

ugg classic knit

People usually say :"Seeing is believing." http://jordanmass.com Each attempt has a orresponding gain, in part or obvious, or vague. At least we have the kind of satisfaction After I bought nfl jersey ,in a sense,it means a great deal to me. http://www.fansshirt.com

Nike Air Jordan

The good news, thank you!

lachou

I like these articles , democratic countries formulate policies are both team and the interests of the people of power, but the undemocratic countries rarely for the interests of the people, http://www.jerseysky.com it is the sorrow of many democracy, I like the western and northern state policy.
http://www.cheapsaleing.com
http://www.nikeairmaxshoe.ocm

cheap jordans

I think this is a great post. One thing that I find the most helpful is number five. Sometimes when I write, I just let the flow of the words and information come out so much that I loose the purpose. It’s only after editing when I realize what I’ve done. There’s defiantly a lot of great tips here I’m going to try to be more aware of.

jordan shoes

It's good to see this information in your post, i was looking the same but there was not any proper resource, than now i have the link which i was looking for my research.

gucci outlet

Thanks for this post. You know, I'd really appreciate a post where you suggested news sources that you consider good ones.

Jordan retro 6

Whether coffee is thick is pale let scent infinite heart whether the distance is farther is nearly let friendship are close together no matter how is less contact is let blessing forever may flowers open happiness on your life.

تقنية

good news and the better is Martin Wolf is back

Account Deleted

raf

Thanks.

Mbtmbtshoes

Coach bags But many people kill osama bin laden to the legality of without trial and moral sex, questioned and worry recruit reprisal attacks. "Deutsche welle" in the position of great questions hit the headlines

Account Deleted

Raf
raf

Thanks ...

Account Deleted

Raf Sistemleri
raf

Good Work !!! Old man ...

Account Deleted

Many places and centers offer business and trade promotions to both buyers and supplier.What about the differences in skill intensities across industries? The job losses in the relatively unskilled-labor intensive battery industry should have little effect on the relatively skilled-labor intensive machinery
sexshop
sexyshop
sexshop online

Account Deleted

Nice Post amazing information and attractive, I like your way of thinking keep on sharing good things to your friends.


organic seo service

Jacky

It’s always nice reading stuff like this as it gives you a lot of idea and experience. As a trader, I always feel that we need to be ready and prepared for everything. I always believe that we got to work with confidence and proper method, as that is the only way forward. It’s not tough with broker like OctaFX since they are outstanding been regulated by FCA and have ECN account too with low spreads, fast execution and much more which helps me with working.

Verify your Comment

Previewing your Comment

This is only a preview. Your comment has not yet been posted.

Working...
Your comment could not be posted. Error type:
Your comment has been posted. Post another comment

The letters and numbers you entered did not match the image. Please try again.

As a final step before posting your comment, enter the letters and numbers you see in the image below. This prevents automated programs from posting comments.

Having trouble reading this image? View an alternate.

Working...

Post a comment

Your Information

(Name is required. Email address will not be displayed with the comment.)