Date: July 17, 2008

Time: 12:00 -  1:30 p.m.

Venue: Room I-8-172

Speaker: Pravin Krishna

Sponsors: Economic Policy Group (LCSPE) and Office of the Chief Economist (LCRCE)

Trade and Industrial Policy
This is the FOURTH lecture, the last of the four-lecture series sponsored by LCSPE in collaboration with the Chief Economist's Office (LCRCE) on Trade and Competitiveness. 

Lecture 4:  Does what you produce and export matter for development? Traditional arguments for directed industrial policies have often relied upon the presence of externalities and/or coordination failures in production. Our second lecture on the topic of trade and industrial policy will review recent theoretical and empirical developments in this area. Emphasis will be placed on questions relating to the potential tradeoff between comparative advantage and externality gains (Rodriguez-Clare (2007)) and the extent to which the overlap with developed country export baskets proves to be good for growth (Hausmann, Hwang and Rodrik (2006)).

Pravin Krishna
Presenting the lecture will be Pravin Krishna, Chung Ju Yung Distinguished Professor of International Economics and Business at Johns Hopkins University and Research Associate at the National Bureau of Economic Research (NBER).   Before coming to Johns Hopkins, he was a full professor at Brown University.  His areas of research interest and specialization include international economics and political economy.   His theoretical and empirical research has been published in leading journals in economics such as the Journal of Political Economy, the Quarterly Journal of Economics and the Journal of International Economics.  Recent publications include Trade Blocs: Economics and Politics (Cambridge University Press, 2005) and (with Jagdish Bhagwati and Arvind Panagariya) Trading Blocs: Alternative Approaches to Analyzing Preferential Trade Agreements, (MIT Press, 1999).   He holds a Bachelor’s degree in Engineering from the Indian Institute of Technology (IIT), Bombay and a PhD in economics from Columbia University.

Lunch provided for registered participants

External participants are requested to send an email to Hazel Vargas at hvargas@worldbank.org.  Thank you.

Contact: Hazel M. Vargas