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International Monetary Fund. External Relations Dept.
Finance and Development, June 2016
International Monetary Fund. External Relations Dept.
Finance and Development, June 2016
International Monetary Fund. External Relations Dept.
Finance and Development, June 2016
International Monetary Fund. External Relations Dept.
Finances & Développement, juin 2016
International Monetary Fund. External Relations Dept.
Finanzas y Desarrollo, junio de 2016
International Monetary Fund. External Relations Dept.

health care and other key services, inspiring hope for a bright future. The past year has been harsh, however, as the region suffered a sharp slowdown, owing to slumping commodity prices and softer global economic conditions. Drought has struck in some countries. And China—now a major trade and business partner in a number of African countries—is slowing as it retools its economy, sparking fears of further weakening. A wave of pessimism is taking hold, prompting some to wonder if the Africa Rising story has come to an end. This issue of F&D looks at this critical

International Monetary Fund. External Relations Dept.
This article profiles iconoclastic economist Dani Rodrik, the Harvard professor whose warnings about the downsides of globalization proved prescient. Rodrik has spent most of his professional life at Ivy League institutions. He has a bachelor’s degree from Harvard and master’s and PhD degrees from Princeton, followed by a teaching career at Harvard and Columbia. Rodrik’s warnings that the benefits of free trade were more apparent to economists than to others were prescient. His skepticism about the benefits of unfettered flows of capital across national boundaries is now conventional wisdom. His successful attack on the so-called Washington Consensus of policies to generate economic growth has made governments and international organizations like the IMF and the World Bank admit that there are many policy recipes that can generate growth. Rodrik’s caution about financial globalization is now widely shared, including at the IMF.
International Monetary Fund. External Relations Dept.