The reality of economic development is that, however we feel about them, elites exist and the elite bargain does matter. And an elite bargain that accelerates economic growth may not necessarily be the same bargain that maintains that growth.
All tagged Dani Rodrik
The reality of economic development is that, however we feel about them, elites exist and the elite bargain does matter. And an elite bargain that accelerates economic growth may not necessarily be the same bargain that maintains that growth.
have we – our leaders and ourselves – become complacent as we reaped the rewards of Malaysia’s remarkable development over the past 58 years?
What the Albanian government is trying to do is somewhat similar to what the Malaysian government tried to do and is currently doing, via its Economic Transformation Program (ETP), is essentially industrial policy.