Dani Rodrik

TL;DR: In this paper, the interrelationships among economic institutions, political institutions, openness, and income levels, using identification through heteroskedasticity, were estimated using a cross-national dataset.

TL;DR: Rodrik et al. as mentioned in this paper argue that markets are unlikely to work well in the absence of a predictable and legitimate set of rules that support economic activity and understand its fruits, and that the focus of reforms in the developing world has moved from getting prices right to getting institutions right.

TL;DR: A review of industrial policy in three non-Asian settings El Salvador, Uruguay, and South Africa highlights the extensive amount of industrial policies that is already being carried out and frames the need for industrial policies in the specific circumstances of individual countries as discussed by the authors.

TL;DR: In this article, the authors investigate the effect of multilateral lending on private capital markets and government policies in developing countries and conclude that it has little to do with private capital flows.

TL;DR: The authors developed a heuristic index of the "political cost-benefit ratio" (PCBR) of policy reform, a measure of the amount of redistribution of income generated for every dollar of efficiency gain achieved by reform.