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Begin New Search Topic Economics Publishing Institution The John F. Kennedy School of Government at Harvard University

21. The Economic Costs of the Iraq War: An Appraisal Three Years after the Beginning of the Conflict

Author:
Linda Bilmes and Joseph Stiglitz
Publication Date:
02-2006
Content Type:
Working Paper
Institution:
The John F. Kennedy School of Government at Harvard University
Abstract:
Three years ago, as America was preparing to go to war in Iraq, there were few discussions of the likely costs. When Larry Lindsey, President Bush's economic adviser, suggested that they might reach $200 billion, there was a quick response from the White House: that number was a gross overestimation. Deputy Defense Secretary Paul Wolfowitz claim e d that Iraq could “really finance its own reconstruction,” apparently both underestimating what was required and the debt burden facing the country. Lindsey went on to say that “The successful prosecution of the war would be good for the economy.”
Topic:
International Relations, Foreign Policy, and Economics
Political Geography:
Iraq, America, and Middle East

22. What's So Special About China's Exports?

Author:
Dani Rodrik
Publication Date:
01-2006
Content Type:
Working Paper
Institution:
The John F. Kennedy School of Government at Harvard University
Abstract:
The phenomenal performance of China constitutes the great economic miracle of the last quarter century. China's economy has expanded by leaps and bounds, at historically unprecedented rates that few economists would have found plausible or feasible ex ante. More importantly, this growth has lifted hundreds of millions of people from deep poverty and has helped improve health, education, and other social standards. China has accomplished all this using its own brand of experimental gradualism--increasingly relying on markets and on price signals, yet until very recently doing so within the boundaries of a highly unorthodox set of institutions.
Topic:
International Relations, Foreign Policy, and Economics
Political Geography:
China and Asia