If you are interested in democracy, governance, poverty eradication, and climate change, this is your go-to podcast for a deeper understanding of the politics of global development. Our world is facing a double challenge: to eradicate hunger and poverty and to stabilize the global climate. We are constantly warned that as the adverse impacts of climate change will only worsen soon, we must redouble our focus and energy in promoting a sustainable development agenda. Many also urge us to transform our policies and practices related to food and agriculture, health, energy, infrastructure development and consumption patterns. But how can we achieve such ambitious transformations, and what are the main challenges ahead? In each episode, I will discuss the experiences of developing and “emerging economies” in Africa, Asia and Latin America. While I will examine major global challenges and highlight various “problems”, I will also highlight “solutions” and “what works” on the ground. This podcast will thus enable you to examine development interventions critically. It will also help you better understand how “promising” policies, programs, and practices can be deployed in a range of international contexts.
Global Structural Reform: Poverty, Freedom, Justice, and Innovation — Thomas Pogge
We explore the idea that the gravest deficits in freedom are intrinsically linked to poverty, impacting individuals and nations worldwide. We also examine the global innovation regime's crucial role in shaping progress and human development. International impact funds encourage and reward innovations based on their social benefits, potentially revolutionizing the current innovation regime. Towards the end of the conversation, we briefly discuss the work of John Rawls and the theory of justice as fairness, which describes a society of free citizens holding equal basic rights and cooperating within an egalitarian economic system.Thomas Pogge is the Leitner Professor of Philosophy and International Affairs at Yale University. He has has authored many influential books on cosmopolitanism, global justice, and extreme poverty. @ThomasPoggeResources:World Poverty and Human RightsJohn Rawls: His Life and Theory of JusticeHealth Impact FundAn Ecological Impact Fund Key highlightsIntroduction – 00:24The poverty-freedom relationship – 03:12Is poverty a violation of human rights? – 06:52The urgency of development finance – 19:19Innovation and impact funds – 27:50Profits, patents, and incentives – 39:42Global justice and solidarity with strangers – 47:00John Rawls and a global theory of justice – 51:52To ensure you never miss an episode of In Pursuit of Development, please make sure to subscribe to our podcast, rate us to support the show, and share this episode within your networks. Your engagement helps us bring more insightful content to you and keeps the conversation going.
HostProfessor Dan Banik (@danbanik @GlobalDevPod)Apple Google Spotify YouTubeSubscribe: https://globaldevpod.substack.com/
2/7/2024 • 57 minutes, 24 seconds
The Future of Industrialization – Jostein Hauge
Few events have transformed society as profoundly as the Industrial Revolution. The introduction of the factory system not only revolutionized the production landscape but also reshaped the social and economic contours of nations. This transformation was marked by the birth of industries such as textiles, iron, and glass-making, which catapulted productivity and altered every facet of daily life, setting the stage for modern civilization. However, the bastions of industrialization are not impervious to change. Jostein Hauge is a political economist and Assistant Professor in Development Studies at the University of Cambridge, based at the Centre of Development Studies and the Department of Politics and International Studies. In a new book – The Future of the Factory: How Megatrends are Changing Industrialization – he advocates for adaptive, forward-looking industrial strategies that are attuned to the realities of the 21st century. He argues that the current era is characterized by four 'megatrends' or significant shifts in technology, economy, society, and ecology that are collectively redefining the essence and trajectory of industrialization. These trends are challenging the conventional wisdom of manufacturing-led growth and industrial strategies. From the rise of service economies and digital automation to the complex web of global production networks and the pressing imperatives of ecological sustainability, these megatrends demand a reevaluation of the future of factories and the very notion of industrial development. @haugejosteinTo ensure you never miss an episode of In Pursuit of Development, please make sure to subscribe to our podcast, rate us to support the show, and share this episode within your networks. Your engagement helps us bring more insightful content to you and keeps the conversation going. Key highlightsIntroduction – 00:24Industrialization, factories, and wellbeing – 03:56Labor conditions in global production networks – 09:27Devising a good industrial strategy – 14:01The role of manufacturing – 24:14Automation and the fear of mass unemployment – 29:35Global governance and leveling the playing field – 38:03Industrial strategies in an age of ecological breakdown – 41:53
HostProfessor Dan Banik (@danbanik @GlobalDevPod)Apple Google Spotify YouTubeSubscribe: https://globaldevpod.substack.com/
1/31/2024 • 47 minutes, 47 seconds
Development as a Right: Unpacking Principles and Practices — Surya Deva
The right to development enables individuals and communities to actively participate in and benefit from various forms of development — economic, social, cultural, and political — while ensuring their human rights and freedoms. It involves a range of responsibilities, including the roles of states, multinational companies, NGOs, businesses, and educational institutions. Central to this right are principles of self-determination, intersectionality, intergenerational equity, and fair distribution, aiming for inclusive, diverse, and sustainable development. The shift towards a rights-based development framework is evident in initiatives like the 2030 Agenda for Sustainable Development and the Bridgetown Initiative. Additionally, the role of businesses in this context is guided by frameworks like the UN Global Compact and the Business and Human Rights Guiding Principles, moving beyond the traditional "do no harm" approach. Despite its significance, the right to development faces challenges and legal critiques regarding its implementation and necessity.Surya Deva is the UN Special Rapporteur on the right to development and a Professor of Law and Director of the Centre for Environmental Law at Macquarie University, Australia. @ProfSuryaDeva @UNSRdevelopmentResources:Declaration on the right to development (1986)Reinvigorating the right to development: A vision for the future (report submitted to the Human Rights Council, August 2023)Role of business in realizing the right to development (July 2023)Key highlightsIntroduction – 00:24The right to development and its added value– 03:46The value of binding conventions versus non-binding declarations– 09:25Why the judiciary often prioritizes civil and political rights – 15:16Legalization of the right and the role of the courts in upholding binding conventions– 26:18Has the definition of the right to development been overly broadened or inflated? – 31:31The Global North perspective and the role of businesses – 40:23
HostProfessor Dan Banik (@danbanik @GlobalDevPod)Apple Google Spotify YouTubeSubscribe: https://globaldevpod.substack.com/
1/24/2024 • 50 minutes, 1 second
Shifting Paradigms: The Global South and Feminist Political Economy Unveiled — Sara Stevano
The term "Global South" has seen an exponential rise in both academic discourse and international policy dialogues, having evolved from a mere synonym for the “Third World” to a complex geo-historical concept. In the first part of this episode, we critically analyze the utility and limitations of the term, acknowledging the diverse economic, political, and cultural realities it attempts to encapsulate. In the second section, we unpack how feminist political economy scrutinizes the power relations underlying production and consumption, challenges the fictitious separation of economic realms from the social, political, and cultural spheres, and highlights the gendered nature of economic inequalities. We explore the critical themes of social reproduction, care economies, labor market inequalities, and the household as a site of gendered power dynamics, all while considering the intersectionality of gender, race, and class. Sara Stevano is a Senior Lecturer in Economics at SOAS University of London. Sara’s areas of expertise include the political economy of work, food and nutrition, inequalities and social reproduction. Her recent book with Sara Cantillon and Odile Mackett is Feminist Political Economy. A Global Perspective. @SaraStevano @SOASKey highlightsIntroduction – 00:24The utility and limitations of the term the "Global South"– 03:58The term "Global South" often comes under criticism for several reasons– 10:12The added value of feminist political economy approaches – 16:36The feminization of poverty – 21:06The complex relations between gender, growth, and poverty – 26:46The global care chain and the double burden – 34:20Feminist political economy and climate change – 44:54
HostProfessor Dan Banik (@danbanik @GlobalDevPod)Apple Google Spotify YouTubeSubscribe: https://globaldevpod.substack.com/
1/17/2024 • 49 minutes, 29 seconds
Beyond Trade: China's Cultural and Political Relations in Africa – Joshua Eisenman
China's burgeoning relationship with the African continent has been characterized by significant economic investment, trade, and infrastructure development, with China emerging as Africa's largest trading partner and a major player in the continent's evolving economic landscape. In recent years, we have seen an influx of Chinese involvement in African industries ranging from mining and construction to manufacturing and retail. This has been accompanied by an ambitious drive to develop Africa's infrastructure with projects that span roads, railways, ports, airports, and telecommunications networks. But the ties between China and Africa extend far beyond economics. We're witnessing a dynamic cultural exchange, burgeoning diplomatic activities, and even aid and military support. However, these activities have not been without controversy, igniting debates over so-called debt-trap diplomacy and resource exploitation.Joshua Eisenman is an Associate Professor of Politics in the Keough School of Global Affairs at the University of Notre Dame. His research focuses on the political economy of China’s development and foreign relations with the United States and the Global South —particularly Africa. Together with David Shinn, Josh has recently co-authored a new book entitled: China’s Relations with Africa: A New Era of Strategic Engagement. @Joshua_EisenmanKey highlightsIntroduction – 00:24China and an alternative world order – 03:20The quest for soft power – 10:40Debt burdens and the Belt and Road Initiative (BRI) – 15:10Revamping the BRI – 18:11Why “debt-trap diplomacy” is misleading – 24:10China’s growing relational power - 30:14Increasing the voice of the Global South – 39:57New forms of Chinese multilateralism – 45:53
HostProfessor Dan Banik (@danbanik @GlobalDevPod)Apple Google Spotify YouTubeSubscribe: https://globaldevpod.substack.com/
1/10/2024 • 56 minutes, 17 seconds
Accountability in Action: The World Bank's Inspection Panel on the Frontlines – Ramanie Kunanayagam
Established as an independent complaints mechanism in 1993, the Inspection Panel is tasked with bringing transparency and redress to those adversely affected by World Bank-funded initiatives. The Panel is widely recognized as an international pioneer in respect to holding a major multilateral organization to account on social and environmental issues. Over the past three decades, it has registered numerous “Requests for Inspection”, from communities potentially affected by World Bank-financed projects, and has focused on a range of issues, such as environmental assessment, resettlement and the rights of indigenous peoples. Just how effective has the Inspection Panel been in safeguarding the interests of marginalized groups while holding one of the world’s most powerful institutions to account?Ramanie Kunanayagam is the Chairperson of the Inspection Panel. She has a distinguished track record in leadership roles within the realm of sustainability, having served in prominent capacities in the corporate world and on the boards of several non-profit organizations. LinkedinKey highlightsIntroduction – 00:24How does the Inspection operate? - 03:32Shrinking civic space and the Panel’s accessibility - 10:44How the Bank acts upon the Panel’s recommendations - 16:53Typical complaints - 21:23The puzzling lack of consultation of local residents - 25:29The business and human rights linkages - 38:33Learning from past mistakes - 48:51
HostProfessor Dan Banik (@danbanik @GlobalDevPod)Apple Google Spotify YouTubeSubscribe: https://globaldevpod.substack.com/
12/27/2023 • 55 minutes, 28 seconds
From Miracle to Menace: The Fight Against Plastic Pollution — Gloria Majiga
Once heralded as a miraculous material, plastic now poses a slow and insidious threat to our waterways, landscapes, and ecosystems. Plastic pollution impacts different regions of the world to varying degrees, and Malawi stands out as a notable example. An estimated 75,000 tons of plastic are manufactured annually in the country, with a minimum of 80% of these plastics being discarded as single-use items. Following pressure from environmental activists, the Government of Malawi took action by implementing a nationwide prohibition on the production, distribution, and importation of thin plastics in 2015. This ban was specifically aimed at plastics with a thickness of 60 microns or less, roughly equivalent to the thickness of plastic bags commonly used for fruits and vegetables in grocery stores. One of the prominent advocates driving the campaign for the prohibition of single-use plastics was Gloria Majiga, a community development officer and dedicated environmental activist. She was awarded the 2021 Goldman Environmental Prize for Africa, acknowledging her remarkable efforts in championing the implementation of the nationwide ban on single-use plastics in Malawi. LinkedinResources:Whatever happened to the Malawian anti-plastic activist inspired by goats? (NPR, August 2022)Malawi’s landscape is clogged with plastic waste that could linger for 100 years. One woman has taken on plastic companies and won (CNN June 2021)Key highlightsIntroduction – 00:24The development-environment tradeoff - 05:03Waste management strategies and practices - 07:47Goats and the plastic ban - 20:27The role of the judiciary and implementation of the ban- 32:12The environmental consequences of investments - 40:58Are leaders the problem? - 47:26
HostProfessor Dan Banik (@danbanik @GlobalDevPod)Apple Google Spotify YouTubeSubscribe: https://globaldevpod.substack.com/
12/20/2023 • 53 minutes, 56 seconds
Decoding Development: The Crucial Role of Institutions – Shiping Tang
Development implies not just growth over a significant period of time but also progressive changes in the structure of an economy. Many influential scholars have identified the crucial role of property rights and the importance of constraining the power of the state while others highlight the importance of political settlements, development clusters, and inclusive economic and political institutions.Shiping Tang is Fudan Distinguished Professor and Dr. Seaker Chan Chair Professor at the School of International Relations and Public Affairs at Fudan University, China. In his latest book, The Institutional Foundation of Economic Development: A systemic account of how institutions shape economic development, he argues that institutions play a pivotal role in shaping and influencing economic development through four key factors: possibility, incentive, capability, and opportunity. In addition, his framework encompasses six significant dimensions: political hierarchy, property rights, social mobility, redistribution, innovation protection, and equal opportunity. Sustained economic development, however, necessitates not only a robust institutional foundation but also strong state capacity and well-crafted socioeconomic policies.Key highlightsIntroduction – 00:24What is economic development? - 03:15The development-democracy linkage - 05:19Why established understandings of institutions are incomplete - 11:30The institutional foundations of economic development - 14:45The new development triangle - 21:02Explaining China’s economic success - 25:40Power and influence of local leaders in China - 34:23Achieving sustained economic growth – 44:10
HostProfessor Dan Banik (@danbanik @GlobalDevPod)Apple Google Spotify YouTubeSubscribe: https://globaldevpod.substack.com/
12/13/2023 • 53 minutes, 41 seconds
Making Sense of Cancer: Why Better Therapy Leads to More Disease – Jarle Breivik
The overarching objective of cancer research, championed by organizations like the US National Cancer Institute and the American Cancer Society, is to "end cancer as we know it". While this statement may suggest a future with less cancer, the stark reality unfolds quite differently. My guest argues that modern medicine is not in the process of ending cancer; rather, we are accelerating the problem. Globally, the number of new cases each year is estimated to increase from 18 million in 2020 to 28 million in 2040. Cancer is intrinsically related to aging, and the incidence increases exponentially from the age of 50. Accordingly, the better we get at treating the disease and postponing death, the more cancer there will be in the population. Jarle Breivik (MD, PhD, EdD) is professor and head of the Department of Behavioral Medicine at the University of Oslo. He is on a mission to change the scientific discourse and the public perception of cancer. In his new book Making Sense of Cancer: From Its Evolutionary Origin to Its Societal Impact and the Ultimate Solution, Jarle discusses how aging, cancer, and death are essential elements of what it means to be human. Eradicating these elements would signify not just the conclusion of cancer but the potential demise of humanity itself. He is internationally recognized for his research on the evolutionary dynamics of cancer, and his thought-provoking analyses in PNAS, EMBO Reports, Scientific American, Wired Magazine, and the New York Times have stimulated a profound international debate about the understanding of cancer and cancer research. @jarlebreivik, LinkedinResources:Why we won't cure cancer, op-ed, New York Times (May 2016) (Jarle Breivik)Why I hope to die of cancer (Jarle Breivik)Dying of cancer is the best death, British Medical Journal, (Richard Smith)The end of cancer would mean the end of humanity (Richard Smith)Key highlightsIntroduction - 00:24Understanding cancer - 02:40Whether treating cancer can cause more cancer - 09:30Why the dominant global narrative on eliminating cancer is wrong - 10:55Where is the human desire to live a long life taking us? - 14:45The ethics of cancer treatment in high-income and low-income countries - 18:00Should we prioritize treating some types of cancer over others? - 28:27The substantial feedback generated by an op-ed in The New York Times - 36:08How humans cope with crises and the need for optimism – 41:00 HostProfessor Dan Banik (@danbanik @GlobalDevPod)Apple Google Spotify YouTubeSubscribe: https://globaldevpod.substack.com/
12/6/2023 • 47 minutes, 17 seconds
Beyond Red Tape: Unraveling Bureaucratic Paradoxes in Public Service Delivery – Akshay Mangla
Scholars have highlighted the extent to which institutions in certain developing countries often lack the power to effectively project authority and implement policies. There may also be a substantial gap between public policy objectives and their actual execution, which in turn reduces the credibility and legitimacy of the state. Bureaucracies exhibit significant variation in their ability to implement policies both between and within countries, across various policy functions, and even within specific administrative tasks. While the Indian bureaucracy is often criticized for being captured and thereby unable to execute its core functions, it is at the same time able to coordinate hugely challenging tasks such as periodic elections. This paradox is further evident in the puzzling disparities in performance across Indian states, exemplified by the country’s success in eradicating polio even as its public health systems face significant challenges.Akshay Mangla is Associate Professor of International Business at the University of Oxford, Saïd Business School. In — Making Bureaucracy Work: Norms, Education and Public Service Delivery in Rural India — he examines how and why some bureaucracies deliver education services more effectively than others. He finds that variations in bureaucratic norms (informal rules guiding public officials and their interactions with citizens) result in diverse implementation patterns and outcomes. While some agencies adhere strictly to legalistic approaches, emphasizing rule compliance, others foster deliberation and encourage flexible problem-solving with local communities, ultimately improving the quality of education services. @AkshayMangla Key highlightsIntroduction - 00:24The perception of bureaucrats being slow and inefficient - 03:56Balancing adherence to rules with exercising discretion - 06:18Embedded autonomy and development - 17:32The bureaucratic paradox in India - 22:14Legalistic bureaucracy versus deliberative bureaucracy - 30:48Engaging street-level bureaucrats in addressing and responding to local issues - 37:26How bureaucrats respond to advance the interests of both underprivileged groups and elites - 43:41Addressing the learning crisis in low-income countries: strategies and solutions – 51:12 HostProfessor Dan Banik (@danbanik @GlobalDevPod)Apple Google Spotify YouTubeSubscribe: https://globaldevpod.substack.com/
11/29/2023 • 57 minutes, 17 seconds
Unpacking the Backlash Against Globalization and its Impact on Inequality – Pinelopi Koujianou Goldberg
Globalization is a force that has transformed our world in ways both remarkable and challenging. From the historic wave of trade liberalizations in the late 20th century to the monumental rise of China, an intricate interplay of a range of forces has molded the interconnected nature of our planet. Along the way, we have witnessed the decline of manufacturing in advanced economies and the far-reaching impacts of trade on global poverty, inequality, and labor markets. Despite a rapid advance for two decades, globalization slowed after the 2008–2009 financial crisis, but it did not come to a halt. But we have witnessed in recent years a backlash against globalization, particularly in some of the world’s largest economies, including two of globalization’s bastions, the United States and Great Britain. So, is the world economy deglobalizing? Is globalization in crisis? And are we witnessing the beginning of a new era?Pinelopi (Penny) Koujianou Goldberg is the Elihu Professor of Economics at Yale University and the former chief economist of the World Bank Group. Penny was recently in Oslo to deliver the WIDER Annual lecture. We used that opportunity to engage in a discussion centred around her latest book with Greg Larson – The Unequal Effects of Globalization. @PennyG_YaleKey highlightsIntroduction - 00:24Globalization and development - 03:13Winners and losers of hyperglobalization - 09:00Reasons for dissatisfaction in the Global South - 16:22Backlash against globalization in the Global North - 26:40How China and many others benefited from globalization - 33:44TRIPS waiverand manufacturing capacity - 41:26Climate disruption and future of multilateralism - 45:40Is degrowth feasible? – 52:40HostProfessor Dan Banik (@danbanik @GlobalDevPod)Apple Google Spotify YouTubeSubscribe: https://globaldevpod.substack.com/
11/22/2023 • 1 hour, 2 minutes, 4 seconds
A New Horizon: Advancing Public Sector Reform in Africa – Happy Kayuni
Many African countries have undergone various phases of public sector reform aimed at enhancing efficiency and service delivery. But how effective have such reforms been? How and to what extent can some of these reforms be characterised as "institutional mimicry", where institutions adopt the language and behavior of reform without necessarily achieving substantial changes on the ground? How meritocratic is the civil service? And what about political interference, bureaucratic motivation and/or demotivation, corruption, and the role and influence of external actors?Happy Kayuni is a professor of political science at the University of Malawi’s Politics and Government Department. He is currently also the Executive Dean of the School of Law, Economics and Government at the University of Malawi. His main areas of expertise are in the following areas: political governance, public administration and management, and gender and international development policy. @HappyKayuni Key highlightsIntroduction - 00:24Development or the lack of it in Malawi - 03:50State capacity, policy formulation and implementation - 06:56Everyday challenges facing civil servants - 13:50The major areas of public sector reforms on the African continent - 22:20Reforms for whom and for what - 29:05Instituting discipline in the civil service - 40:55Legitimacy of the state and role of external actors - 46:44 HostProfessor Dan Banik (@danbanik @GlobalDevPod)Apple Google Spotify YouTubeSubscribe: https://globaldevpod.substack.com/
11/15/2023 • 54 minutes, 27 seconds
Political Constraints in Growth and Development: Moving beyond talking about them to actually tackling them – Peter Evans
Although political constraints have significant negative impacts on development, mainstream approaches to addressing these issues are often primarily technical and lack a willingness to understand and address political economy factors. Despite decades of technical efforts in sectors like health, education, and climate, some critical problems persist, such as drug supply losses, tree planting failures, and chronic absenteeism in health and education. Peter Evans is a governance specialist with wide-ranging experience and expertise across international development and social research. He holds a PhD in medical geography and was previously Team Leader of the Governance, Conflict, Inclusion and Humanitarian Research Team at the UK’s Foreign, Commonwealth & Development Office (FCDO). In this role, Peter designed and led the Anti-Corruption Evidence (ACE) programme. Until recently, he was director of the U4 Anti-Corruption Resource Centre at the Chr. Michelsen Institute (CMI) in Bergen. @PeterEvans_GuvPeter argues that the supply of practical political economy research is limited and often falls short of practicality and accessibility, shaped more by researchers' interests and fund availability than the needs of policymakers or practitioners. Political economy research is further hindered by its sensitivity and riskiness, making it challenging for researchers, particularly in politically unstable or corrupt environments. On the demand side, there is a lack of structured efforts to understand and address political constraints in global investments for growth and development. Politics is often relegated to a risk rather than a problem to be understood and engaged with. And many actors in the field, including national governments, bilateral agencies, and multilateral organizations, often avoid addressing political economy factors, which hinders effective development outcomes.ResourcesGambling on corruption, and making the political more practicalWhen evidence is thin... (how to think, not what to think).How I think when I talk about anti-corruption: porridge and berries, priors and biasesPeter Evans on LinkedInCorruption and political settlements (episode featuring Mushtaq Khan)The development bargain (episode featuring Stefan Dercon)Key highlightsIntroduction - 00:24Wicked problems and progress - 03:50Taking politics seriously - 08:08Tackling corruption - 20:25Why capacity building initiatives do not work - 36:20Political settlements and public procurement - 44:07Anti-corruption: What should researchers, donors, and governments focus more on - 53:52 HostProfessor Dan Banik (@danbanik @GlobalDevPod)Apple Google Spotify YouTubeSubscribe: https://globaldevpod.substack.com/
11/8/2023 • 1 hour, 51 seconds
India's Aspirations on the Global Stage — Suhasini Haidar
India's journey from a post-colonial nation to a global powerhouse has been nothing short of remarkable. The journey to this point has been marked by twists and turns, economic reforms, and strategic partnerships that have propelled India onto the world stage in ways that were once unimaginable. In the process, it has become an economic powerhouse, fostering innovation, trade, and partnerships that have set the world abuzz.But India's story isn't just about impressive economic growth. It's also about the democratic values that shape its identity. Indeed, India's status as the world's largest democracy empowers it to play a pivotal role in shaping global governance and navigating the geopolitical terrain. How then has India harnessed its diverse culture, technological prowess, and military might to expand its global reach? What kind of global power does India aspire to be? And what are the potential dilemmas in India’s great power ambitions?Suhasini Haidar is the Diplomatic Editor of The Hindu, one of India’s oldest and most respected national dailies. She was previously correspondent for CNN International’s New Delhi bureau and prime time anchor for a leading 24-hr English news channel CNN-IBN. Apart from writing for The Hindu, she hosts a weekly online show called WorldView with Suhasini Haidar. @suhasinihNote: This episode was recorded in New Delhi in July 2023, well the BRICS summit in August that resulted in an expansion of the BRICS group of countries, and before the G20 Leaders’ Declaration that was adopted at the G20 New Delhi Leaders’ Summit held in September. Key highlights:Introduction - 00:24India’s place in the world - 05:02Democracy, foreign policy, and the Global South - 10:48Soft power and India’s position on the war in Ukraine - 16:01Resurrecting BRICS and South-South Cooperation - 24:42Balancing relations with United States and China - 33:32The G20 Presidency experience - 39:58Foreign policy aspirations – 47:00Host:Professor Dan Banik (@danbanik @GlobalDevPod)Apple Google Spotify YouTubeSubscribe: https://globaldevpod.substack.com/
11/1/2023 • 52 minutes, 33 seconds
Humanity's Enduring Quest for Power and Prosperity – Daron Acemoglu
We engage in a discussion centered around Daron Acemoglu's latest book, co-authored with Simon Johnson, titled Power and Progress: Our Thousand-Year Struggle Over Technology and Prosperity. The choices we make regarding technology can either advance the interests of a select elite or serve as the foundation for widespread prosperity. But technology's trajectory can be, and should be, controlled and directed for the benefit of all. The remarkable advances in computing over the past fifty years have the potential to be tools of empowerment and democratization, but only if decision-making power is dispersed rather than concentrated in the hands of a few overconfident tech leaders.Daron Acemoglu is Professor of Economics at the Massachusetts Institute of Technology, MIT. @DAcemogluMIT(Cover photo of Daron Acemoglu by Cody O'Loughlin)Key highlights:Introduction - 00:24Understanding “progress” - 04:06Optimism in an era of doom and gloom - 12:00The power of persuasion - 16:10Shared prosperity, welfare, and whether technology is always useful - 25:08Machine intelligence vs. machine usefulness - 30:12How technology (e.g., AI) can help promote development in low-income countries - 36:50Host:Professor Dan Banik (@danbanik @GlobalDevPod)Apple Google Spotify YouTubeSubscribe: https://globaldevpod.substack.com/