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Caroline Freund

Caroline Freund

2 commentaries

Caroline Freund is Director of Trade, Regional Integration, and Investment Climate at the World Bank Group and the author of Rich People Poor Countries: The Rise of Emerging Market Tycoons and their Mega Firms.

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  6. rodrik174_STRAFP via Getty Images_chinafacemaskfactorymanufacturing STR/AFP via Getty Images

    China as Economic Bogeyman

    Dani Rodrik

    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.

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