EconTalk

Dani Rodrik on Globalization, Development, and Employment

EconTalk

Dani Rodrik of Harvard University talks with EconTalk host Russ Roberts about trade, the labor market, and trade policy. Drawing on a recent paper with Margaret McMillan on trade and productivity, Rodrik argues that countries have very differing abilities to respond to increases in productivity that allow production to expand using fewer workers in a particular sector. When workers are displaced by productivity increases, what is their next best alternative? Rodrik discusses how this varies across countries and policies that might improve matters. He argues that poor countries should subsidize new products as a way of overcoming uncertainty and externalities from new ventures.

Next Episodes

EconTalk

Andresen on BitCoin and Virtual Currency @ EconTalk

📆 2011-04-04 08:30 / 00:57:51



EconTalk

Coyle on the Economics of Enough @ EconTalk

📆 2011-03-21 07:30 / 00:58:45



EconTalk

Freeman Dyson on Heresy, Climate Change, and Science @ EconTalk

📆 2011-03-07 07:30 / 01:06:05