Competition by public authorities to attract large companies with tax breaks or other subsidies is not the route to good jobs. An iterative dialogue with firms offers a better way. Dani Rodrik In developed and developing countries alike, a combination of technological and economic forces has created a segment of advanced production, concentrated in metropolitan areas, that now coexists with a mass of relatively less productive activities and communities. This productive dualism lies behind many contemporary ills: rising inequality and exclusion, loss of trust in governing elites, and growing electoral support for authoritarian populists. But much of the policy […]
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