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Nov 9, 2022 1 hr 1 min

The development bargain — Stefan Dercon

from In Pursuit of Development Hosted by Stefan Dercon, Dan Banik

Development is a gamble because success is not guaranteed when benefits materialize in the long-term and a host of factors may undermine elite positions. Some countries are able to settle on elite bargains that favour growth and development, and others are unable to reach such settlements. While elite bargains in China, Indonesia, Bangladesh, Ethiopia, Rwanda and Ghana ended up being development bargains, the opposite was the case in Nigeria, DRC, Malawi and South Sudan. Stefan Dercon is Professor at the Blavatnik School of Government and the Economics Department at theUniversity of Oxford, where he also directs the Centre for the Study of African Economies. His latest book – Gambling on Development: Why some countries win and others lose– draws on his academic research and his policy experience across three decades. Twitter: @gamblingondev Key highlights: Introduction - 0:55 Bridging the gap between research and policy – 3:09 Why a general recipe for development is not very helpful – 11:22 Gambling for development: Key arguments – 28:38 The future of foreign aid – 45:13 Host: Professor Dan Banik, University of Oslo, Twitter: @danbanik @GlobalDevPod Instagram: @GlobalDevPod Apple Google Spotify YouTube https://in-pursuit-of-development.simplecast.com/ E-mail: [email protected] Host: Professor Dan Banik, https://www.linkedin.com/in/dan-banik/ Subscribe: Apple Spotify YouTube https://globaldevpod.substack.com/

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Dan Banik and Stefan Dercon discuss the benefits and pitfalls of global development blueprints, how certain elite bargains can favour growth and development, and why some countries win and others lose.

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The development bargain — Stefan Dercon

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This episode was published on November 9, 2022.

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