Episode Description
In Shared Prosperity in a Fractured World: A New Economics for the Middle Class, the Global Poor, and Our Climate, Dani Rodrik proposes new modes of cooperation and policy experimentation to address our greatest global challenges.
Rodrik is the Ford Foundation Professor of International Political Economy at Harvard Kennedy School. He codirects both the Reimagining the Economy Program at Harvard and the Economics for Inclusive Prosperity network.
In his conversation with Nikolaus Lang, global leader of the BCG Henderson Institute, he discusses the trilemma between democracy, prosperity, and sustainability, how hyper-globalization contributed to this struggle, and his proposed framework for resolving it.
Key topics discussed:
01:06 | The trilemma of democracy, prosperity, and sustainability
03:50 | The shortcomings of hyper-globalization
10:33 | Why manufacturing is no longer an escape from poverty
14:47 | Services as drivers of development
18:33 | The new framework of productivism
23:25 | The power of unilateral climate actions
27:26 | Implications for business leaders
Additional inspirations from Dani Rodrik:
- Straight Talk on Trade: Ideas for a Sane World Economy (Princeton University Press, 2017)
- Economics Rules: The Rights and Wrongs of the Dismal Science (W. W. Norton & Company, 2015)