Re: [Pen-l] Can You Believe it? David Dollar Tapped to Instruct China

[Jim Devine <jdevine03@xxxxxxxxx>]

michael perelman wrote:
> The U.S. Treasury chose World Bank economist David Dollar as
> economic emissary to China despite sharp criticism of his economic
> research.

> Mr. Dollar co-authored several influential studies that argued for the
> effectiveness of aid and the importance of tariff cuts in liberalizing
> economies and reducing poverty.

The good news is that he's being sent to China. First, the Chinese
policy elite generally agrees with his viewpoint (as expressed in the
paragraph above). Second, China's strong enough to resist his
influence, especially since it's the US which owes China money. The
World Bank's depredations are worst where the countries owe money.

I wonder if he's using a nom de guerre?
-- 
Jim Devine / "Segui il tuo corso, e lascia dir le genti." (Go your own
way and let people talk.) -- Karl, paraphrasing Dante.
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