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Anne Krueger Reflects on 50 Years of Rent-Seeking Trade and Economic Development | Ideas of India

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Mercatus Center

Anne O. Krueger is a Senior Fellow at the School of Advanced International Studies, Johns Hopkins University, and the Herald L. and Caroline Ritch Emeritus Professor of Sciences and Humanities in the Economics Department at Stanford University. She served World Bank’s Chief Economist from 1982 to 1986, and the first deputy managing director at the IMF from 2001 to 2006. Shruti and Anne talked about her famous 1974 paper “The Political Economy of a Rent Seeking Society” on its 50th anniversary, her experience understanding the license permit raj system in India, the 1991 trade liberalization, the Washington consensus, decline of the WTO, the new protectionism in the US, reforming Argentina and much more.

Recorded May 17th, 2024.

Transcript and links: https://www.mercatus.org/ideasofindia...

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