Does openness generate growth? Reconciling the experiences of Mexico and China
Kehoe, Timothy, Ruhl, Kim. In 1985, Mexico opened itself to trade and investment. In recent years, China has followed the same path with much more impressive results. But this column argues that the slow growth and crises that Mexico experienced after the initial boom should act as a warning to those optimistic about China. Πηγή: Voxeu […]
To Put Europe Back on Track Try Listening to Voters
Crook, Clive. The European Union may not come through its current troubles in one piece. But if it does, it will need to engage, this time seriously, with fundamental questions that were raised and too quickly dismissed in the years before the euro was created. Even in the midst of the crisis, it isn’t too […]