Yikes. All of a sudden, the year has caught up with me, and I’m frantic. Which means too busy to post normally. And so, just to keep things ticking over, some links…
First, a gated NBER study from Krishna, Mitra and Sundaram. The interesting bit from the abstract:
Our study confirms that though trade liberalization can bring gains, there is scope for policy to ensure that these gains are distributed more equally across sub-national regions. Our results highlight the importance of developing infrastructure including equipped ports, better and more extensive roads and communication links in exploiting gains from international trade.
Did anybody say aid for trade?
Meanwhile at VoxEU industrial policy takes a turn:
Why have China and India been able to grow so quickly? This column argues that while the industrial policies pursued by both countries up until the 1980s led to gross mistakes and inefficiencies, China and India would not be where they are now without them. Their export baskets are far more sophisticated and diversified than expected given their income per capita.
On to papers that I really must read once they come out. Deaton and Kahneman look to have something very interesting coming up on wealth and happiness. Diminishing marginal returns? Oh yeah.
While we’re at it, now’s probably as good a time as any to link to Delong on Hayek on Democracy. As yes, teh Hayek, wasn’t he just allll about freedom?
Next, Johnny Blades has an article in the Guardian about New Zealand Aid work in Tuvalu. Johnny’s a great journalist and an old friend of mine, and the article’s good. However, in a perfect world I reckon it might have contained a bit more debate on just what’s good practice in the world of aid. From reading it, it certainly seems like New Zealand is opting for a the ‘give a man a fish’ approach to ODA in Tuvalu. This, in case you were wondering, is contrasted with the “teach a man to fish” approach (both taken from the old aid cliché). In other words, is sounds like we’re just getting in there in doing stuff rather than working carefully to strengthen the Tuvaluan government so that they do stuff themselves. And, on one hand, that’s fine. If you want a job done do it yourself and all that. On the other hand, we did try an awful lot of that sort of aid in the 1970s only to find it wasn’t really sustainable – communities that didn’t own and participate in the development of aid projects subsequently tended to neglect them. Might this be the ultimate outcome of the Tuvalu work? Who knows? If it was would it matter? Perhaps not, I guess, if you don’t mind giving the same aid more or less again and again. Which is problematic. But then again, if it gets things done…
Finally, three cheers for the Queen! (and Owen Barder) Her Majesty’s government has a parliamentary library, which has online a great series of statistics for beginners type articles. And her Majesty’s aid blogger has very kindly linked to it. 🙂