The leading development models and how it helps progress in a country differ greatly based on context, country’s resources, and societal differences. In this episode, Dr. Stefan Dercon and Dr. Ali Hasanain talk about the big picture in terms of the world economy, global development, and growth. They dive deep into the discussion of global development in the context of developing countries, elite bargains, and choosing the right state objectives to achieve inclusive and sustainable growth.
Dr. Ali Hasanain is an Associate Professor at the Lahore University of Management Sciences (LUMS). Dr. Hasanain directed the LUMS engagement on the World Bank’s Pakistan at One Hundred Initiative, which sought to support greater debate and study Pakistan’s medium term future, out to the year 2047. He has also been a member of the Punjab Government’s Economic Advisory Committee.
Dr. Stefan Dercon is a Professor of Economic Policy at the Blavatnik School of Government and the Economics Department, and a Fellow of Jesus College. He is also Director of the Centre for the Study of African Economies. Between 2011 and 2017, he was Chief Economist of the Department of International Development (DFID), the government department in charge with the UK’s aid policy and spending. Between 2020-2022, he was the Development Policy Advisor to successive Foreign Secretaries at the UK’s Foreign, Commonwealth and Development Office (FCDO).