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Global Currents

Jostein Hauge

This is a newsletter that covers international political economy

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Issues18Foundeda year agoLast Issue2 months ago
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Latest Issues

Why the World Bank changed its mind on industrial policy

Photo by Isis França on Unsplash

There is a particular kind of institutional courage involved in admitting you were wrong, especially when your wrongness shaped the economic destinies of dozens of countries. The World Bank has just publish...

2 months ago
163
17

China developed by defying free trade — not embracing it

Photo by Ian Taylor on Unsplash

I recently had an exchange on Twitter/X with Jonathan Rosenthal, the international editor of The Economist, about China’s economic rise. In response to a post I made on China’s contribution to global poverty...

3 months ago
71
10

Economics is fundamentally political

Photo by Paul Fiedler on Unsplash

In a recent episode of The Weekly Show, Jon Stewart sat down with Richard Thaler, the Nobel Prize-winning behavioural economist whose work on human decision-making has rightly earned him enormous respect....

3 months ago
289
38

Why developing countries can't skip industrialization

Photo by Ricardo Gomez Angel on Unsplash

The idea that developing countries can bypass manufacturing and leapfrog straight to services has become more fashionable. Services are becoming a more important source of economic growth and commer...

4 months ago
266
20

The West is embracing China

AI-generated image by Jostein Hauge

In recent weeks, a parade of Western leaders has made the pilgrimage to Beijing: Irish Prime Minister Micheál Martin, Canadian Prime Minister Mark Carney, UK Prime Minister Keir Starmer, Finnish Prime Mi...

4 months ago
28
1

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  • Jostein Hauge

    Political economist • Assistant Professor at Cambridge • Book: The Future of the Factory • Email: [email protected]

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