BFM 89.9
The Business Station
BFM 89.9
The Business Station
Dissecting The Development Conundrum
Dissecting The Development Conundrum
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20 mins
1 hr 24 mins
Guest: Stefan Dercon, Professor of Economic Policy, University of Oxford
Why do some countries remain poor, despite continuous policy efforts over decades to chart an economic path out of poverty? Development expert Stefan Dercon argues that it comes down to an implicit or explicit bargain among the elites to prioritize national progress. We speak to him about this theory put forth in his book, "Gambling on Development: Why Some Countries Win and Others Lose."
Presenter: Shazana Mokhtar
Producer: Sim Wie Boon
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