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BIG ANSWERS FOR BIG QUESTIONS: THE PRESUMPTION OF MACRO  By Abhijit Banerjee
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    BIG ANSWERS FOR BIG QUESTIONS: THE PRESUMPTION OF MACRO By Abhijit Banerjee

  • I found Banerjee’s paper a pleasure to read, both provocative and compelling. As Banerjee concedes, the most important questions in development are often “macro” ones such as how to boost growth in the fashion of China and India in recent decades. But, Banerjee emphasizes, we don’t know very much about how to do this despite lots of research effort. So he suggests we largely abandon macro development research and concentrate on micro development questions such as the effect of ...
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