What is the pathway to development in a world marked by rising economic nationalism and less international integration?
Read "Presidential Address: Demand-Side Constraints in Development. The Role of Market Size, Trade, and (In)Equality" by Pinelopi Koujianou Goldberg and Tristan Reed here.
In a world of economic nationalism rather than international integration, the export-led pathway to development that transformed China, Vietnam and other countries might no longer be effective. In this episode of VoxDevTalks, Penny Goldberg discusses why 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.