« Free-trader fear mongering | Main | A short-term remedy for unemployment in South Africa »

May 21, 2008

TrackBack

TrackBack URL for this entry:
http://www.typepad.com/services/trackback/6a00d8341c891753ef00e5525317b58833

Listed below are links to weblogs that reference Re-uniting development economics :

Comments

Anh Tran

Both types of development economists you mentioned still won't be able to do justice to economic development because of the fact that much of their works are based on the Western-based economic ideology. I suggest spiritual economics is one way to go. Sounds weird?

To do justice to economic development, we have to realize these things:

1. Resouces are finite, so it does not matter how best or how hard you try, economies cannot grow sustainably for much longer if the current economic ideology dominates the discussion.

2. Economic conditions are resulted from a whole array of factors, including cultural, political, geographical, social, so that the focus squarely on economic analysis misses many points as we attempt to advance economic development.

3. Data can be distorted from both fronts: the object and the researcher. So, it does not matter how elaborate the econometric analysis is, the truth will never be reached. If the "truth" could be reached, how then the WB and the IMF failed in many fronts to help poor countries develop?

Per Kurowski

Dani Rodrik pleads “for not letting prevailing methodological differences overshadow the larger convergence.” And says, “development economics is at the cusp of a significant opportunity. We have the prospect not only of a re-unification of the field, long divided between macro- and micro-development economists, but also of a progression from presumptive approaches with ready-made universal recipes to diagnostic, contextual approaches based on experimentation and policy innovation. If carried to fruition, this transformation would represent an important advance in how development policy is carried out.”

And I have to ask what is so good about that and what is so bad with divergence. This is all about development and not about laying the foundations for a new development church that even while much freer spirit than the Washington Consensus, almost a hippy version of it, is still a church.

Dani Rodrik also urges “In the end, macro-development economists have to be humbler about what they already know, and micro-development economists humbler about what they can learn.” And I would say, humbler, in just a general way, would suffice.

By the way for the second comment in a row I subscribe completely to what Anh Tran says referring to the changing global realities. Just as an example I recently read a study by two prominent development economists who were scratching their heads in order to analyze why El Salvador had not grown as much as it should over the last decade, without even discovering the reality that most Salvadorians had just left their country to grow somewhere else, mainly in the US, to such an extent that what they produced gross in the US already exceeded by much El Salvador’s own local GDP.

inthemachine

"what is so bad with divergence"

The conversational manifestation of it can prompt non-economists in development to percieve economists as unable to ever agree on anything. If you need evidence of that, I have a long list of economist-jokes that have been trotted out at varoius meetings that I can share with you.

Per Kurowski

"The conversational manifestation of it can prompt non-economists in development to percieve economists as unable to ever agree on anything."

Yet it might be much worse if they agree!!!

I mean, in that case why would us economist be needed?

cheers

Per Kurowski

"The conversational manifestation of it can prompt non-economists in development to percieve economists as unable to ever agree on anything."

Yet it might be much worse if they agree!!!

I mean, in that case why would us economist be needed?

cheers

rmx

Dear Dani

Do you know anyone working on both micro and macro development? I would like to learn from someone doing both fronts. It must be a difficult task but a rewarding one as well, am I intending to do to much?

Mao

China has had very much success with experimentation. The great leap forward and the cultural revolution were really good examples of what not to do with people's lives.

Frank

Dear Prof. Rodrik,

I read your paper and I agree with you in principle but not in practice.

Yes, there are various research methodologies, and yes experimentation of various kinds is good.

I fundamentally disagree with your portrayal of Growth Diagnostics (GD), however.

First, it ignores history. Development economist have written whole treatises and careful case studies for a number of countries for decades. The idea that until GD came along economist where robots implementing blind laundry lists is a useful straw man, but not a fair description of reality. A little more humbleness is called for here. GD is a useful reminder of what good economic practice is about, perhaps stated more formally, but not a new paradigm.

Second, it is unfalsifiable. GD works when it works and it doesn't when the diagnostic is not performed right.

Third, it ignores practical reality. Essentially what you are arguing is that we need careful diagnosis on a case by case basis. Most well trained economists I know will fully agree. Yet the practical problem is scaling that up to institutions like the World Bank with some 5,000 economists, some brilliant, some terrible, most average. I call this "the we cannot all be Dani Rodrik problem" or DRP for short.

DRP is a problem of rules versus discretion. Can you trust 5,000 economists to exercise their discretion? My sense is that most IFIs don't. Indeed, there are already "best practices" circulating around for doing GD! Ultimately, to scale things up, this is inevitable. After all, it was Stieglitz, then Chief Economist of the WB, who famously quipped that IFIs have 3rd rate economists from 1st rate universities.

How to deal with the DRP? One could hope to recruit better personnel, but that is easier said than done: the best tend to go to academia, private sector, etc. Alternative, one may seek better training. Yet, even in medicine, where training is exhaustive, someone recently told me that 50% of all medical diagnoses are wrong. Forget the accuracy of the percentage - the point is the error rate is huge.

So if recruitment and training have limited impact, What do you do? You impose safeguards, controls, and guess what, rules and best practices.

To conclude, my sense is that your whole debate is one of rules versus discretion, and whereas we would all prefer discretion under the right people deciding, it is heavily conditional on who is in charge. If economists cannot be trained better, and if the best don't end up in policy, then we are going to need some rules, at a cost. But presumably that cost is less than the cost of giving discretions to semi-competent economists, or much worse, Mao or Pol Pot (as another commenter in this blog emphasized). Then again, the latter were not true "Growth Diagnosers" and experimentalists, or were they?

jose carlos

then, maybe it isn't rules-vs-discretion; but some basic rules-of-thumb and well-informed discretion. the quest for Aristotle's mean.

Punditus Maximus

I've often wondered why development is not taught as business is taught -- with case study after case study. Surely entire nations are at least as diverse and complicated as medium-sized businesses.

egunjobi emmanuel...nigeria

...obviously there are many thing that need to be about the development economics.

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

ghd straighteners

GHD straighteners was kmown as ghd flat iron, which was authorized online seller provides all kinds of hair straighteners,pink ghd,purple ghd,babyliss. By visiting ghd australia , you will find what you want and made yourself more beautiful.If you miss it ,you miss beauty.Buy a piece of ghd for yourself.Come and join us http://www.ghdoutlet-au.com/ to win the ghd iv styler.

birkenstock

Birkenstock was Made in Germany since 1774 . Check out our Birkenstock sandals and Birkenstock shoes including the Birkenstock gizeh,at the lowest regular outlet prices, free shipping and when you put on Birkenstocks. you will feel very comfortable.

vibram shoes

How to deal with the DRP? One could hope to recruit better personnel, but that is easier said than done: the best tend to go to academia, private sector, etc. Alternative, one may seek better training. Yet, even in medicine, where training is exhaustive, someone recently told me that 50% of all medical diagnoses are wrong. Forget the accuracy of the percentage - the point is the error rate is huge.

http://www.cheapshoeshop.com/Nike-Air-Max-Shoes/Nike-Air-Max-90.html Air Max 90
http://www.cheapshoeshop.com/Nike-Air-Max-Shoes/Nike-Air-Max--95.html Air Max 95

designer shoes

need to be about the development economics.

wholesale handbags

I agree with you in principle but not in practice

clothing store

I mean, in that case why would us economist be needed

Moncler Jackets

obviously there are many thing that need to be about the development economics.

Gucci outlet

Thanks for enjoying this article.

Gucci outlet

This is awesome, please keep writing.
Good post!As i was passing by here and i read your post.

dell adapter

Good post about Re-uniting development economics. Keep on.

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

asics shose

Dani Rodrik also urges “In the end, macro-development economists have to be humbler about what they already know, and micro-development economists humbler about what they can learn.” And I would say, humbler, in just a general way, would suffice.

By the way for the second comment in a row I subscribe completely to what Anh Tran says referring to the changing global realities. Just as an example I recently read a study by two prominent development economists who were scratching their heads in order to analyze why El Salvador had not grown as much as it should over the last decade, without even discovering the reality that most Salvadorians had just left their country to grow somewhere else, mainly in the US, to such an extent that what they produced gross in the US already exceeded by much El Salvador’s own local GDP.

replica watches

On the right side of the dial, our attention is immediately drawn to the jumping hours that adds terrific come with to the timepiece. On the left side of the dial, we are head over feels enchanted by the exquisite open work inspired by the Doumetre a Chronographe as well as the Master Tradition line. Overall, the dial design and style is both contemprorary and aesthetically harmonious.montblanc watches replicas

lv handbags

Dani Rodrik also urges “In the end, macro-development economists have to be humbler about what they already know, and micro-development economists humbler about what they can learn.” And I would say, humbler, in just a general way, would suffice.

all star shoes

something works, it is worth doing.

This convergence has remained largely hidden from view, because the analytical and empirical tools used by economists at the macro and micro end of things—growth economists versus social policy economists—tend to be quite

Moncler

as you know, i was a new visitor of your blog, but This article is to my feelings, thanks for your sharing, hoping to see more useful content, refueling

cheap jordans

Very interesting issue that after a very successful. Nicely written article good work ! Thanks for the great piece of sharing.

cheap jordans

Very interesting issue that after a very successful. Nicely written article good work ! Thanks for the great piece of sharing.

jordan shoes for sale

Very interesting issue that after a very successful. Nicely written article good work ! Thanks for the great piece of sharing.

jordan shoes for sale

Very interesting issue that after a very successful. Nicely written article good work ! Thanks for the great piece of sharing.

air jordans for sale

Very interesting issue that after a very successful. Nicely written article good work ! Thanks for the great piece of sharing.

jordan shoes

I’ve seen progression in every post. Your newer posts are simply wonderful compared to your posts in the past. Keep up the good work!

jordan shoes

This is a wonderful site. The things mentioned are unanimous and needs to be appreciated by everyone.

jordan shoes

This is a wonderful site. The things mentioned are unanimous and needs to be appreciated by everyone.

jordan shoes

This is a wonderful site. The things mentioned are unanimous and needs to be appreciated by everyone.

Moncler

By the way for the second comment in a row I subscribe completely to what Anh Tran says referring to the changing global realities. Just as an example

abercrombie

China has had very much success with experimentation. The great leap forward and the cultural revolution were really good examples of what not to do with people's lives

yiwu wholesale

[url=http://www.amandadollar.com/]Dollar Stores[/url] Van Houten had been upset that she was not picked to come along when Susan Atkins,

industrial lubricants

The range of lubricants is manufactured, all to the highest international standards, under the trade mark of “LUBECHEM”.

Invitation Letter for VISA to Yiwu

then, maybe it isn't rules-vs-discretion; but some basic rules-of-thumb and well-informed discretion. the quest for Aristotle's mean.

mbt shoes

thanks you..

gucci outlet

Dani Rodrik also urges “In the end, macro-development economists have to be humbler about what they already know, and micro-development economists humbler about what they can learn.” And I would say, humbler, in just a general way, would suffice.

Account Deleted

We understand all too well that scholars convey extensively hefty learned burdens chasing a stage which pledges a brighter future career. Affordable Writing is joyous to offer expert term paper assist to those who seem bogged down with critical written check stress.

Essay Writing

Account Deleted

.. Apparently, a lot about development economics.
Logo Design

Account Deleted

raf

Thanks for sharing.

Ron Looker

columbus injury lawyer
I always enjoy reading your posts and I look forward to your next one.

Account Deleted

Focuses on the link between economics and ecology and the immense potential of that connection to influence the process of change within communities...

Cheap Logo Design

oyunlar

I seem to remember a little document called Constitution, it talks about pursuit of happiness and Human Rights for Americans and democracy in USA. orjin krem I don't remember it postulated pursuit of Globaloonie, Free Trade, Supernation Federation run by Jeffry Sachses of this world.

Account Deleted

Yesterday, my friend bought a cheap designer handbags which is so beautiful... fds

Account Deleted

It's a good answer for their activity, so they already know that they may not do it again in public. And it can teach other auto insurance quotes people.

Account Deleted

this is horrific. and here in america we have miss california openly gay bashing with the support of bigots and homophobes cheering her on.logo design

Account Deleted

I think the girls parading around is a separate issue. But you've got to admit that comparing Miss California and her opinion on marriage to the murderers of gays in Iraq is a little farfetched.hughes

Account Deleted

You have very good knowledge. I need your help. I am leaning economics. This subject is new to me. Do you know anyone working on both micro and macro development? I want to learn. Any help would be appreciated. Dissertation Help

Account Deleted

This is very true.I lost my weight just made changes in food ,taking all vegetarian and of low carb This helped me a lot and I suggest everyone
Hotels In Porto

Account Deleted

Raf
raf

Thanks for this ...

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
alongador peniano

Fidelcast.blogspot.com

Please tell me that youre going to keep this up! Its so terrific and so crucial. I cant wait to read much more from you. magnetic motor

Account Deleted

The value of information available here is measure with value of outsources provided here which able us to comment here.Help With Essay

Account Deleted


Thanks to a brilliant effort in publishing your article. One can be more informative as this. There are many things I can know only after reading your wonderful article.

organic seo service

Account Deleted

The value of the blog is the content and resources of the blog which both are falls in this blog.
custom logo design

Account Deleted

Natural supplements
I really enjoy simply reading all of your weblogs. Simply wanted to inform
you that you have people like me who appreciate your work. Definitely a great
post. Hats off to you! The information that you have provided is very helpful.

http://www.healthygreen.co/

Account Deleted

Very informative and information presented very well,
Natural Colon Cleanser

Account Deleted


tubal ligation reversal

I can not stop reading this. And 'so fresh, so full of information,
I do not know. I'm glad that people actually write the smart way to
show the different sides of him.

tubal ligation reversal

Account Deleted

Very helpful post like always, thank you.
Cesped Artificial Precios

Account Deleted

Saying thank you is a virtue. It is plausible learning to utter such. Some don't even dare to say such.Formula 21 Formen Gece Gözlüğü panax My Slimmer

orjin krem

I try and learn something new everyday. Thanks for taking the time to share your knowledge manzaralar zayıflama oyunlar yemek tarifleri

Account Deleted

This is a wonderful site where we are getting more information. I really hope more people read this and get what you’re saying, because let me tell you, it is important stuff. I never would’ve thought about it this way unless it runs into your blog. And I have been talking with my friend about, he though it is really interesting as well. Keep up with your good work; I would come back to you. Than you for your sharing!dich vu seo gia reforexrao vatviec lam thuc tapfree backlinks3d showroomseo vietnam

Account Deleted

powerpoint file corrupted

Thanks for the interesting article!

Account Deleted

Hi dani
I found so many entertaining stuff in your blog, especially its discussion. From the tons of comments on your articles, I guess I am not the only one having all the enjoyment here, Thank u.

Creating History Together With ArenaBetting Piala Eropa 2012

Iklan Internet Murah Efektif Berkualitas Indonesia

Motor Matic Injeksi Irit Harga Murah – Yamaha Mio J

Account Deleted

Whether you need any help in giving a finishing touch to your papers or writing the difficult chapters or need the analysis of those critical assignments, you can take help from us anywhere anytime.

Paper writing

Professional Paper Writing

Account Deleted

You've done a lot of hard work in presenting the information with us. You give a warm material that would be useful. Nice to read your writing.
http://seotoolinfo.blogdetik.com/files/2012/07/77b70216697c5355b397b021087dfa47_bavetline-agen-judi-bola-terpercaya.jpg

Bavetline Agen Judi Bola Terpercaya

Kinsell Emma

Development is the ultimate goal.China did well in development economics those years.
Ultrabook Parts|AU AC Adapters|Global AC Adapter|Ersatz Laptop Akkus

AgenBolaKaki

http://www.mahapoker.com/ Dewa Poker http://www.mahapoker.com/ Permainan Poker http://www.mahapoker.com/support/carabermain.html Cara Bermain Poker http://www.mahapoker.com/ Poker Online http://www.mahapoker.com/ Game Poker http://www.mahapoker.com/ Poker Online Indonesia http://www.mahapoker.com/ Agen Poker http://www.mahapoker.com/ Poker Uang Asli http://www.mahapoker.com/ Agen Poker Online http://ligabebek.com Agen Bola - http://ligabebek.com Agen Bola Terpercaya - http://ligabebek.com Agen Sbobet - http://ligabebek.com Casino sbobet - http://ligabebek.com Sbobet - http://ligabebek.com Bola Tangkas http://tangkaspro.com/ Bola Tangkas http://tangkaspro.com/ Bola Tangkas Terpercaya http://tangkaspro.com/ Bola Tangkas Online http://tangkaspro.com/ Agen Bola Tangkas http://tangkaspro.com/ Bola Tangkas Online Indonesia http://tangkaspro.com/ Tangkas Online http://the-infinitygroup.com/ Poker Dewa http://the-infinitygroup.com/ Texas Holdem Poker http://the-infinitygroup.com/ Games Poker http://the-infinitygroup.com/ Zinga Poker http://the-infinitygroup.com/ Poker Texas Boyaa http://the-infinitygroup.com/ Dewa Poker Online http://the-infinitygroup.com/ Zyngapoker http://the-infinitygroup.com/ Holdem Poker http://the-infinitygroup.com/ poker online terpercaya http://walibola.com Agen Bola Terpercaya http://walibola.com Agen Bola Online http://walibola.com Situs Agen Bola Terpercaya http://walibola.com Agen Bola Tangkas http://walibola.com Agen Bola Sbobet http://walibola.com Sbobet http://walibola.com Ibcbet

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