Center for Economic and Policy Research and Dean Baker
28 episodes
6 days ago
Mostly Economics is a weekly show hosted by Center for Economic and Policy Research Senior Economist and co-founder, Dean Baker, about ways US economic policies affect everyday lives—from household budgets to global trade relationships. New episode released every Thursday.
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Mostly Economics is a weekly show hosted by Center for Economic and Policy Research Senior Economist and co-founder, Dean Baker, about ways US economic policies affect everyday lives—from household budgets to global trade relationships. New episode released every Thursday.
Mostly Economics Podcast #25: Why the IMF Model Keeps Poor Countries Poor with Ha-Joon Chang
Mostly Economics
45 minutes
3 weeks ago
Mostly Economics Podcast #25: Why the IMF Model Keeps Poor Countries Poor with Ha-Joon Chang
Today on Mostly Economics, Ha-Joon Chang, Professor at the Department of Economics at SOAS University of London and Senior Research Fellow at CEPR, critiques the IMF and World Bank's Washington Consensus model. He explains how neoclassical economics locks poor countries into existing capabilities. Chang contrasts South Korea's transformation through state-directed industrial policy with Mexico's stagnation under NAFTA. He exposes how the World Bank manipulated data to falsely claim economic progress. Chang also reveals how patent monopolies contradicted free market principles during COVID-19, preventing lifesaving technology sharing.
Mostly Economics
Mostly Economics is a weekly show hosted by Center for Economic and Policy Research Senior Economist and co-founder, Dean Baker, about ways US economic policies affect everyday lives—from household budgets to global trade relationships. New episode released every Thursday.