23 min
Pathways to development in a less integrated world VoxDev Development Economics
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- Social Sciences
In a world of economic nationalism rather than integration, the export-led pathway to
development that transformed China, Vietnam and other countries might no longer
be effective. Instead, Penny Goldberg tells Tim Phillips, policies for poverty reduction
now also need to answer the question of where demand will come from, and that
may require more emphasis on creating a domestic middle class.
In a world of economic nationalism rather than integration, the export-led pathway to
development that transformed China, Vietnam and other countries might no longer
be effective. Instead, Penny Goldberg tells Tim Phillips, policies for poverty reduction
now also need to answer the question of where demand will come from, and that
may require more emphasis on creating a domestic middle class.
23 min