Dani Rodrik on the 'trade-and-aid myth'

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Domestic efforts trump everything else in determining a country’s economic fortunes… What matters most is whether a country adopts the right growth strategy… It is far from clear that expanding market access and increasing aid are the most productive use of valuable political capital in the North. Development should focus not on trade and aid, but on improving the policy environment in poor countries.

He also suggests that rich countries should focus on pressuring corrupt dictators, increasing worker mobility and relaxing WTO and conditionality rules. Comments are open!

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