03 September, 2014 / Ziqa'ad 7, 1435

Ha-Joon Chang

Africa’s economic woes

“INDUSTRIAL policy used to be a four-letter word at the World Bank,” observed Joseph Stiglitz, the Nobel economics laureate, in a recent conference on industrial policy in Africa that I attended. He should know. He

Dependence on ratings agencies

EVEN the most rational Europeans must now feel that Friday the 13th is an unlucky day after all. On that day last week, the Greek debt restructuring negotiation broke down, with many bondholders refusing to join the

A catalyst for change?

THE Occupy London movement is marking its first month this week. It is routinely described as anti-capitalist, but this label is highly misleading. As I found out when I gave a lecture