Word: romers
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Jane Mansbridge, a political scientist from Northwestern University, and Dani Rodrik '79, an economist and international affairs expert from Columbia University, will join the faculty this fall. David M. Romer and Christina D. Romer, two economists from the University of California at Berkeley, will come to Cambridge in the fall...
...projects, including its Indonesian study, HIID has enjoyed the long-term support of the government and has helped to promote renewal in the nation. In other places, however, shifting politics, often exacerbated by short-term economic difficulties, haa meant that much of HIID's advice goes unheeded, Romer says...
...Romer worked in Kenya for many years when he first came to HIID, helping the African nation make important economic reforms in order to stabilize its economy...
While the changes helped Kenya appear more attractive to foreign investors, netting it more foreign aid than it would have received otherwise, political changes precipitated by short-term difficulties caused the aid to be spent unwisely, Romer says...
...continual theme," Romer says. "You always look at the long-term, but you must be cognizant of the short term because it can destroy the long-term...