" In fact, the current progress in developing nations has come largely from developing nations ignoring Western experts and following very different paths."
Isn’t that interesting? It’s almost as if we do not understand how our own progress came about. Without this understanding, we are venerable to backsliding in the future.
The main insight I got from that is that to deal with corruption and "dysfunctional institutions" you need to work within the existing power structures and networks that exist. Not just top down power but at every level of society. Observing and dealing with horizontal power structures and existing communities or organizations, not just vertical.
I suppose he's more in the first category of people you mentioned, but it's an interesting perspective in any case
I am not really sure how corruption fits into all this. I tend to think it is endemic where there is no long-term widely-shared economic growth, so it is better to work on that problem first. Of course, economic growth does not make corruption magically go away, but I feel like it is putting the cart before the horse.
" In fact, the current progress in developing nations has come largely from developing nations ignoring Western experts and following very different paths."
Isn’t that interesting? It’s almost as if we do not understand how our own progress came about. Without this understanding, we are venerable to backsliding in the future.
Bingo. Hence the need for Progress Studies.
I recall an episode of the 80000 hours podcast I listened recently with a industrial policy and development expert called Mushtaq Khan. https://80000hours.org/podcast/episodes/mushtaq-khan-institutional-economics/
The main insight I got from that is that to deal with corruption and "dysfunctional institutions" you need to work within the existing power structures and networks that exist. Not just top down power but at every level of society. Observing and dealing with horizontal power structures and existing communities or organizations, not just vertical.
I suppose he's more in the first category of people you mentioned, but it's an interesting perspective in any case
Thanks for the comment.
I am not really sure how corruption fits into all this. I tend to think it is endemic where there is no long-term widely-shared economic growth, so it is better to work on that problem first. Of course, economic growth does not make corruption magically go away, but I feel like it is putting the cart before the horse.