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Eastely: Trust the development experts – all 7bn (FT)

William EasterlyのFTのop-ed "Trust the development experts – all 7bn"。読むには、「FT080528Easterly.txt」をダウンロード 。最初の書き方(つまりhook)はとても上手。

The report of the World Bank Growth Commission, led by Nobel laureate Michael Spence, was published last week. After two years of work by the commission of 21 world leaders and experts, an 11- member working group, 300 academic experts, 12 workshops, 13 consultations, and a budget of $4m, the experts’ answer to the question of how to attain high growth was roughly: we do not know, but trust experts to figure it out.

This conclusion is fleshed out with statements such as: “It is hard to know how the economy will respond to a policy, and the right answer in the present moment may not apply in the future.” Growth should be directed by markets, except when it should be directed by governments.

My students at New York University would have been happy to supply statements like these to the World Bank for a lot less than $4m.

つまり、4百万ドル(約4億円)使って経済成長の秘密について専門家が調べたあげく、調査結果は、「知らないよ、でも解明するには専門家を信用してね」というものだという。ちょいと関連したブログ・ポストはこれ

 Easterlyが批判したレポートはここにある。Working PaperにはJohn Williamsonの為替レートのペーパーや、ロドリックの産業政策のペーパーがある。

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