Curriculum Vitae ROBERT H. WADE
Total Page:16
File Type:pdf, Size:1020Kb
Load more
Recommended publications
-
EU-LAC COOPERATION in the 21St CENTURY: COMBINING EFFORTS in a GLOBALISED WORLD IFAIR Impact Group ‘Lacalytics’ Policy Paper Series, Vol.1
EU-LAC COOPERATION IN THE 21st CENTURY: COMBINING EFFORTS IN A GLOBALISED WORLD IFAIR Impact Group ‘LACalytics’ Policy Paper Series, vol.1 The caribbean EUROPE LATIN AMERICA EDITORS : T. Lieb, L. Fried, J. Klein, J. Klever, F. Scheifele ENGLISH IN COOPERATION WITH: IFAIR Impact Group ‘LACalytics’ Policy Paper Series, vol.1 EU-LAC COOPERATION IN THE 21st CENTURY: COMBINING EFFORTS IN A GLOBALISED WORLD Editors T. Lieb, L. Fried, J. Klein, J. Klever, F. Scheifele ENGLISH Berlin, 2016 Published by Young Initiative on Foreign Affairs and International Relations (IFAIR) e.V. District Court Berlin Charlottenburg | Register of Associations: VR 30447 B | www.ifair.eu Authors Sheena Ali, Christian Alvarez, Stefanie Beßler, Morna Cannon, Collin Constantine, Renato Constantino, Maria Cuellar, Emilie D’Amico, Danielle Edwards, Marina Diefenbach Goulart, Lilla Hajdu, Manuel Jung, Lily Cornelia van der Loeff, Agnes Medinacelli, Katharina Moers, Juliana de Moraes Pinheiro, Alice Pease, Johanna Renz, Bérengère Sim, Juliana Tappe, Juana Karelia Tercero Ubau, Ana Martha Trueba de Buen, Maria Cristina Vargas, Claudia Wiese Text Revision Leo Fried, Johannes Klein, Joanna Klever, Theresa Lieb, Fabian Scheifele, EU-LAC Foundation Graphic Design Ana-Maria Ghinita | behance.net/anamariaghinita Print Scharlau GmbH | Hühnerposten 14 , 20097 Hamburg Special Acknowledgements IFAIR expresses its gratitude to the EU-LAC Foundation for funding this publication and supporting the technical revision process of its contents. IFAIR also thanks the Federal Foreign Office of the Federal Republic of Germany for assuming the patronage of LACalytics. Disclaimer The opinions expressed by the authors are a representation of their personal views and should not in any way be ascribed to their organisations of affiliation or to the publishers of this publication. -
The Role of Complex Analysis in Modeling Economic Growth
The role of complex analysis in modeling economic growth Angelica Sbardella1;2, Emanuele Pugliese3, Andrea Zaccaria2, and Pasquale Scaramozzino1;4*1 1 Department of Economics and Finance, Universit`adegli Studi di Roma Tor Vergata, Rome, Italy 2 ISC-CNR { Institute of Complex Systems, Rome, Italy 3 JRC, European Commission, Seville, Spain 4 School of Finance and Management, SOAS University of London, London, UK, *[email protected] ABSTRACT Development and growth are complex and tumultuous processes. Modern economic growth theories identify some key determinants of economic growth. However, the relative importance of the deter- minants remains unknown, and additional variables may help clarify the directions and dimensions of the interactions. The novel stream of literature on economic complexity goes beyond aggregate measures of productive inputs, and considers instead a more granular and structural view of the pro- ductive possibilities of countries, i.e. their capabilities. Different endowments of capabilities are crucial ingredients in explaining differences in economic performances. In this paper we employ economic fit- ness, a measure of productive capabilities obtained through complex network techniques. Focusing on the combined roles of fitness and some more traditional drivers of growth, we build a bridge between economic growth theories and the economic complexity literature. Our findings, in agreement with other recent empirical studies, show that fitness plays a crucial role in fostering economic growth and, when it is included in the analysis, can be either complementary to traditional drivers of growth or can completely overshadow them. Keywords: Economic Fitness; Complexity; Capabilities; Economic Growth. 1. INTRODUCTION Why are some countries wealthier than others? And why do some countries exhibit sustained rates of growth over long periods, whereas others appear to be stuck in a low-income, low-growth path? These questions have been central to economics ever since its origin as a science, following Adam Smiths [1] original enquiry. -
A Biographical Note in Honour of Sanjaya Lall Larry Westphal
14 Int. J. Technology Management, Vol. 36, Nos. 1/2/3, 2006 A biographical note in honour of Sanjaya Lall Larry Westphal J. Archer and Helen C. Turner Professor of Economics Department of Economics Swarthmore College, Swarthmore, PA, USA Department of Economics Swarthmore College, 500 College Avenue Swarthmore, PA 19081–1390, USA E-mail: [email protected] Sanjaya Lall was Professor of Development Economics at Oxford University and a global authority on industrial development. He died unexpectedly in Oxford on 18 June 2005. Over a career that spanned more than 350 major publications, with others in process at the time of his death, Sanjaya contributed fundamentally to understanding the dynamics of the manufacturing sector’s growth in developing countries. Multinational corporations and direct foreign investment were the initial foci of his attention. His first major work, with Paul Streeten, was Foreign Investment, Transnationals, and Developing Countries (Lall and Streeten, 1977), which conclusively demonstrated that multinationals and direct foreign investment were a strongly positive force in economic development, contrary to the tenets of dependency theory, then a major influence in the development field. Shortly thereafter, Sanjaya turned his main attention to the multiple ways in which technological capabilities are developed and deployed in accomplishing technological changes. Few at that time recognised the critical importance of capability building. It was then thought by most that the assimilation of technology could be taken for granted. In Learning to Industrialize: The Acquisition of Technological Capability by India (Lall, 1987), he conclusively demonstrated otherwise. His research on India proved to have a significant impact on Sanjaya’s comprehension of industrialisation, from which he drew a profound understanding of the consequences of policy choices, factor accumulation and institutional development. -
Dirigisme Taiwan-Style'
View metadata, citation and similar papers at core.ac.uk brought to you by CORE provided by IDS OpenDocs Dirigisme Taiwan-Style' Robert Wade There isa popular image of Taiwan as a close consistent with the way the government has in practice approximation to a free market economy. Indeed it is behaved. often held up as living proof that the basic prescription of neoclassical economics is sound not only for The government has adopted over a long period of advanced industrial countries but also for countries en time a much more aggressive set of industrial policies roule to that status.Private initiativeisalways than free trading principles would justify. It has been preferred to public, the state is kept firmly in its place. anticipating, rather than simply reacting to, changes in The chief characteristic, and the chief glory of this Taiwan's international competitive position. And it arrangement is the absence of any directional thrust has been selecting between industries and specific imposed by the authority of government. Rather, products in giving substantial incentives. market forces produce the important economic * * * decisions, while the government merely registers them. Industrialisation proceeds by virtue of the sum of the Taketheanticipationpointfirst.Theusual autonomous decisions made by each producer. interpretation says that the push into heavy and chemical industries dates from the early 1970s, after More precisely, the argument for Taiwan is that the and in response to rising real wages, competition from government did meddle in the economy during the other NICs, and rising protectionist barriers in export 1950s imposing all the familiar battery of controls markets. -
Bringing the State Back In: Lessons from East Asia's Development Experience*
Bringing the State Back In: Lessons from East Asia’s Development Experience* ROBERT H. WADE ince the end of communist regimes in Eastern Europe, policy makers Sand policy analysts in these »transition« states have resolutely turned away from learning about East Asia’s development experience. They have been very keen, on the other hand, to learn about Western European and North American experience – for this is the world they wish to join, or rather, re-join after the communist hiatus. With few exceptions, they un- derstand the causes of the prosperity of Western Europe and North America through the lens of »liberal« economics – as due, in large part, to the combination of (a) liberal markets for goods and financial assets only lightly restrained by public policies, (b) well-defined and well-en- forced property rights allowing secure profit-taking by owners, and (c) the rule of law, which makes government, and all other economic agents, subject to a common set of rules. This is the combination they wish to copy, in the expectation that it will yield »catch-up« growth. To the extent that they pay attention to East Asia’s catch-up experience, they under- stand it to validate the same model. To the extent that they acknowledge the existence of pro-active industrial and technology policy in either Western Europe or East Asia, they treat it as an aberration or decoration on the central thrust for largely free markets. The last thing Eastern European policy makers and policy analysts want is a state that intervenes to alter the composition of economic activ- ity within their borders; for this is what the communist state did, to di- sastrous effect. -
Robert Wade on Zombie Ideas, Being Inside the World Bank, and the Death of Ethics in Economics After the Marginal Revolution
Theory Talks Presents THEORY TALK #72 ROBERT WADE ON ZOMBIE IDEAS, BEING INSIDE THE WORLD BANK, AND THE DEATH OF ETHICS IN ECONOMICS AFTER THE MARGINAL REVOLUTION Theory Talks is an interactive forum for discussion of debates in International Relations with an emphasis of the underlying theoretical issues. By frequently inviting cutting-edge specialists in the field to elucidate their work and to explain current developments both in IR theory and real-world politics, Theory Talks aims to offer both scholars and students a comprehensive view of the field and its most important protagonists. Citation: Schouten, P. (2015) ‘Theory Talk #72: Robert Wade on Zombie Ideas, Being Inside the World Bank, and the Death of Ethics in Economics after the Marginal Revolution’, Theory Talks, http://www.theory- talks.org/2015/12/theory-talk-72.html (07-12-2015) WWW.THEORY-TALKS.ORG ROBERT WADE ON ZOMBIE IDEAS, BEING INSIDE THE WORLD BANK, AND THE DEATH OF ETHICS IN ECONOMICS AFTER THE MARGINAL REVOLUTION The global economy is at the core of some of the main issues in contemporary International Relations. But how do we understand the global economy and what impact does that have on how we deal with the power politics around it? A fault line seems to have emerged between those who take economic theory seriously and those who denounce it for being part of the problem. Informed by his training as an anthropologist, Robert H. Wade—professor at the LSE—takes a different tack: he bases his engagement with the way in which Adam Smith has been appropriated to advocate for a dominant view of ‘free markets’ on real-world economics and in-depth accounts of insiders. -
205. Child Poverty Across Industrialized Nations
Innocenti Occasional Papers Economic and Social Policy Series no.71 Child Poverty across Industrialized Nations BRUCE BRADBURY* and MARKUS JÄNTTI ** September 1999 *UNICEF International Child Development Centre, Florence, and Social Policy Research Centre, UNSW, Sydney ([email protected]) **Department of Economics Åbo Akademi University Turku, Finland ([email protected]) This is a revised version of a paper presented at the 25th General Conference of The International Association for Research in Income and Wealth, Cambridge, England, 23-29 August 1998 (Session 8, group 2), and at the UNICEF-ICDC Workshop on Children In and Out of Poverty, 2-3 October 1998. Acknowledgements The authors are grateful to the UNICEF International Child Development Centre and the Australian Research Grants Council for financial support. They would also like to thank V. J. Verma for his generosity in providing the estimates of European housing costs and poverty rates shown in Section 4 of the paper and Jonathan Bradshaw, Stephen Jenkins, John Micklewright, Albert Motivans, Lee Rainwater, Tim Smeeding, and other seminar participants for comments on previous drafts. Most importantly, we wish to acknowledge the central role of the Luxembourg Income Study, without which the analysis in this paper would not be possible. Thanks, in particular, to Koen Vleminckx for providing technical advice. The United Kingdom data providers to LIS also require that we include the following statement: Material from the UK surveys is crown copyright has been made available by the Office for National Statistics through the ESRC Data Archive, and has been used by permission. Neither the Office for National Statistics, nor the ESRC Data Archive bears any responsibility for the analysis or the interpretation of the data reported here. -
Understanding Globalization, Employment And
International Labour Office 4 route des Morillons CH-1211 Geneva 22 Telephone direct (00-41-22) 7996539 International Policy Group facsimile (00-41-22) 7998579 DFID FUNDED PROJECT “UNDERSTANDING GLOBALIZATION, EMPLOYMENT AND POVERTY REDUCTION” REPORT OF THE RESEARCH WORKSHOP HELD IN DIVONNE, 3-4 OCTOBER 2002 International Policy Group – International Labour Office – Geneva TABLE OF CONTENTS 1. Background………………………………………………………….… p. 01 2. Workshop’s report…………………………………………………….. p. 02 2.1 Introduction…………………………………………………………… p. 02 2.2 Session I – Globalization and Employment…………………………… p. 03 2.3 Session II – Globalization and Inequality……………………………… p. 09 2.4 Session III – Globalization and Poverty ……………………………… p. 14 2.5 Session IV - Globalization, Technological Change and Capital Markets p. 18 2.6 Session V – National and International Policy Implications…………… p. 23 Annex A: Schedule of the workshop……………………………………… p. 26 Annex B: List of participants……………………………………………… p. 28 Divonne V4 1. Background The research workshop “Understanding Globalization, Employment and Poverty Reduction” held in Divonne-les-Bains in October 2002, is an intermediate step of an ILO-IPG research project, funded by the Department for International Development (DFID), United Kingdom. (See annexes A and B for schedule of the event and list of participants). Three aspects of globalization are addressed: trade, foreign direct investment (FDI) and financial liberalization. The consequences of globalization in terms of employment, income inequality and poverty reduction -
Reinventing Industrial Strategy: the Role of Government Policy in Building Industrial Competitiveness
ANNALS OF ECONOMICS AND FINANCE 14-2(B), 767{811 (2013) Reinventing Industrial Strategy: The Role of Government Policy in Building Industrial Competitiveness Sanjaya Lall* Green College, Oxford University The paper reviews the nature of current globalization and the growing di- vergence in competitive performance in the developing world. It considers the case for industrial policy, contrasting the neoliberal with the structuralist approach. It argues that there is a valid case for selective interventions in overcoming the market and institutional failures in building the capabilities required for industrial development. It describes the strategies adopted by the Asian Tigers to build industrial competitiveness, and concludes with lessons for other developing countries. The kinds of industrial policy needed in the current setting are different from traditional industrialisation strategies, but globalization and technical change do not eliminate the need for intervention. On the contrary, given path dependence, cumulativeness and agglomeration e- conomies, they increase it. There is a need to reconsider the rules of the game constraining the exercise of industrial policy, and for international assistance in designing and implementing appropriate policies. 1. INTRODUCTION As liberalization and globalization gather pace, concern with industrial competitiveness is growing, not just in developing countries but also in mature industrial ones. But it is the former that face the most intense competitive pressures: many find that their enterprises are unable to cope with rigours of open markets | in exporting and in competing with imports | as they open their economies. Some countries are doing very well; the problem is that many are not. Diverging industrial competitiveness in the developing world is one of the basic causes of the growing disparities in income that are now a pervasive feature of the world scene. -
02 Gallagher-Interview.Indd
The Economic Crisis and the Developing World CRISIS AND REGULATION The Economic Crisis and the Developing World: What Next? Interview with Robert Wade and José Antonio Ocampo Kevin Gallagher Some believe that the current fi nancial and economic crises have ended the dominance of the Washington Consensus once and for all. In a ceremony at Tufts University, two eminent international economists, Robert Wade and José Antonio Ocampo, were recently awarded the Leontief Prize for advancing economic thought. They were interviewed by Kevin Gallagher on the many issues affecting the future of developing economies, including trade agreements with the developed world. The perceptive interview and provocative responses provide rare, clear-minded discussion about enlightened policy for the world’s poorer nations. ROBERT WADE is professor of political economy and development at the London School of Economics. JOSÉ ANTONIO OCAMPO is a professor of international and public affairs and codirector, with Joseph Stiglitz, of the Initiative for Policy Dialogue, Columbia University. KEVIN GALLAGHER is assistant professor of international relations at Boston University and research associate at the Global Development and Environment Institute (GDAE), Tufts University. This interview with José Antonio Ocampo and Robert Wade was conducted on the occasion of their being awarded the GDAE’s 2008 Wassily Leontief Award for Advancing the Frontiers of Economic Thought, November 17, 2008. Challenge, vol. 52, no. 1, January/February 2009, pp. 27–39. © 2009 M.E. Sharpe, -
13 Apr 2011 DRAFT – NOT for QUOTATION the RETURN of INDUSTRIAL POLICY Robert Wade London School of Economics
1 13 Apr 2011 DRAFT – NOT FOR QUOTATION THE RETURN OF INDUSTRIAL POLICY Robert Wade London School of Economics ABSTRACT: Recent events (like the global financial crisis, the long North Atlantic slump, and the uprisings in the Middle East and North Africa), on top of accumulating evidence that many middle income countries are stuck in a “middle income trap”, have generated a renewed interest in industrial policy – in the state playing a more active role in accelerating industrial upgrading and diversification than sanctioned by the neoclassical mainstream. In other words, a renewed interest in moving beyond the “regulatory” state towards the “developmental” state. After the introduction, this paper describes the core arguments of the neoclassical mainstream against industrial policy, and the kinds of empirical evidence used to support the negative judgement. It then outlines some of the main flaws in this evidence. The standard empirical tests consider industrial policy only in its “hard”, price distorting forms, such as protection and subsidies. And they examine effects mainly at the “micro” level, in the link between the policies and various aggregates of individual firms. The paper argues that industrial policy also consists of “soft” measures, not readily captured by measures of money spent or prices distorted; and it also has “meso” level effects on supra-firm structures, which are also not readily captured by the standard tests. With the “hard/soft” and “micro/meso” distinctions in mind, the paper shows that the US – generally understood to be a classic “regulatory” state, without industrial policies (or else ones which pick losers) – has long deployed “under the radar” soft industrial policies operating at the meso level; in particular, public policies and institutions for creating and sustaining networks between firms, venture capitalists, universities, and public agencies. -
Curriculum Vitae Open in New
Updated 03-08-04 CURRICULUM VITAE Name Keith Broadwell GRIFFIN Birth 6 November 1938 Citizenship U.K. Degrees B.A. Williams College, U.S.A., 1960 B.Phil. Oxford, 1962 (Marshall Scholar) D.Phil. Oxford, 1965 Hon. D. Litt. Williams, 1980 Honorary Fellow, Magdalen College, Oxford, 1988 Fellow, American Association for the Advancement of Science, 1997 Experience: 1988-2004 Distinguished Professor (and Chair, 1988-93), Department of Economics, University of California, Riverside; 1979-88 President, Magdalen College, Oxford. 1965-88 Oxford University: Fellow and Tutor in Economics, Magdalen College (1965-76); Fellow by Special Election (1977-79); Acting Warden/Director (1973 and 1977-78) and Warden/Director, Queen Elizabeth House/Institute of Commonwealth Studies (1978-79); 2002 Leader, UNDP Mission to Armenia on the Impact of Macroeconomic Policy on Poverty; 2001 Leader, UNDP Mission to Mongolia on the Integration of Equity and Poverty Reduction Concerns into Development Strategy; 1998 Visiting Fellow, Oxford Centre for Islamic Studies; 1998 Consultant to UNDP on the Human Development Report for Europe and the CIS; 1997 Leader, ILO Employment and Social Protection Mission to Kazakstan; 1997 Leader, UNDP Macroeconomic Policy and Poverty Reduction Mission to Vietnam; 1996 Member of UNESCO Culture and Development Steering Committee; 1995 Adviser to UNDP on Poverty in Cambodia; 1994-95 Member, World Commission on Culture and Development; 1994-96 Leader, ILO Social Policy Review Mission to Uzbekistan; 1994 Leader, UNDP Poverty Alleviation Mission