The great turnaround

Economist Peter Blair Henry has dedicated his career to understanding how a developing country can become more prosperous, lift more people out of poverty, and give its citizens better choices for how to work and live. He joins Cardiff to share his findings on this question from “The Baker Hypothesis”, a newly published paper he co-authored with Anusha Chari and Hector Reyes. Peter also gives his thoughts on the “degrowth” movement, the tricky balance between market-friendly policies and the role of government, and the evolution of economics. Finally, he shares his own personal experience of an economic catastrophe in his native Jamaica, which forced his family to uproot when he was young and sent him down this career path.

Links from the episode:

• Peter Blair Henry is on Twitter at @PeterBlairHenry
• The Baker Hypothesis: Stabilization, Structural Reforms, and Economic Growth (https://tinyurl.com/4ykzcn59)
• Turnaround: Third World Lessons for First World Growth (https://tinyurl.com/r9asz5xn)
• Cardiff and Aimee are also on Twitter at @CardiffGarcia and @AimeePKeane
• Send us an email! You can write to use at [email protected]

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