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Author Archive | Ilene Grabel

Remittances, Migration, and Other Panaceas: The End of Outward-looking Development Strategies?

  In a 1965 essay, the great development economist Albert Hirschman bemoaned the tendency of those in his profession to look for the next panacea.  Unfortunately, various panaceas have come in and out of fashion since Hirschman wrote. During three decades of neo-liberalism, development economists and policymakers have celebrated three inter-related strategies: (1) free markets, […]

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