In the last two decades, many low-income countries have experienced economic take off. But in the 60s and 70s, many of these same countries already boasted robust economic performances, until it all came to an abrupt stop. Can low-income countries keep on growing, this time?
Sep 1
Ha-Joon Chang on Infant Industry Protection
Today's South Korean economy is a far cry from what Ha-Joon Chang was born into. But growing up, he witnessed the remarkable transformation of a largely agrarian society into an industrial powerhouse, albeit under a military dictatorship. In this podcast, the economist and best-s ... Show More
38m 52s
Sep 1
Krishna Srinivasan on Asia's Next Chapter
Asia has been the poster child for moving farm workers into urban manufacturing jobs to increase productivity, but is that model still the growth path? In this podcast, IMF Asia and Pacific Department head Krishna Srinivasan discusses his Finance & Development article, "Asia's Ne ... Show More
17m 48s
Apr 2023
So Much of the World Economy Has Been Going in Reverse
Over time, we expect the world to get richer. Yes, there are disruptions and setbacks (and we have seen several large ones in the last few years) but the expectation is to see growth and an increase in material wealth. And yet for years, many countries around the world have seen ... Show More
45m 35s
Nov 2023
China’s Crumbling Economic Story
Deng Xiaoping's reforms in the 80s transformed Shenzhen, a small town near Hong Kong, into an economic powerhouse. China's rapid growth lifted millions from poverty but did it grow too quickly to be sustainable? Now China faces deflation, and experts are worried that this could s ... Show More
17m 15s
Jan 2024
Japan's Rise and Fall... And Rise Again?
Japan's economy has been stagnant for 2 decades, and while some economists look at this as an outlier, it might be something that just happens to all advanced economies, and Japan just got there first. After suffering the "lost generation", can Japan come back and recover growth, ... Show More
19m 3s
Oct 2021
Can economic growth tempt Zimbabweans home?
Zimbabwe once sat as a powerhouse alongside Africa’s biggest economies. Over the past two decades though, Zimbabwean’s have been on an economic rollercoaster, experiencing crashes, strikes, hyperinflation and unemployment. Millions of people left the country in search of guarante ... Show More
15m 1s
Nov 2023
Why Argentina Is Doomed to Fail Over and Over Again
Argentina's prosperity used to rival the US, but now it is bouncing between economic highs and lows. In just decades, it's seen rapid growth and dire crashes five times. What keeps derailing this nation's economy, and can it break the cycle, and what can we learn from their uniqu ... Show More
17m 1s
May 2024
Latin America and the Asian tiger economies
<p>Go back 50 years and Latin America was generally wealthier than East Asia. But that has been reversed. </p><p>While the economies of East and South East Asia have taken off, enjoying a so-called "economic miracle", Latin America’s have experienced only tepid growth, despite th ... Show More
17m 30s
Up here, in what used to be called the "1st World", the pandemic has focused economists' minds on what can be done to change our thinking after Covid has passed. <a href="http://m.mt/" rel="noopener noreferrer" target="_blank">M.M.T</a>. sets out new economic opportunities ... Show More
