Branko Milanovic
Branko Milanovic is an economist with the Carnegie Endowment for International Peace. His most recent book is Worlds Apart: Measuring International and Global Inequality.
Branko Milanovic is an economist with the Carnegie Endowment for International Peace. His most recent book is Worlds Apart: Measuring International and Global Inequality.
Many Western economists presume that governments are not very good at identifying industries that merit support, and that domestic consumers and taxpayers incur the bulk of the costs. By the same logic, if Chinese policymakers effectively targeted activities where social benefits exceed private benefits, then it is not clear why foreigners should complain.
