HKS Affiliated Authors
Ford Foundation Professor of International Political Economy
Excerpt
Excerpt
Emerging Markets’ Victimhood Narrative. Dani Rodrik, January 31, 2014, Opinion. "From Istanbul to Brasilia to Mumbai comes a crescendo of complaints about dollar imperialism. Heads of state and central bank governors allege that the policies of central banks in industrial countries, especially the U.S. Federal Reserve, pursued in self-interest, are wreaking havoc in emerging-market economies. This allegation is mostly unfair. Emerging markets aren’t hapless and undeserved victims; for the most part they are simply reaping what they sowed..." Link verified June 19, 2014