Sunday, March 23, 2008

China and the African Wage Paradox

Recently, I sat down with a Washington Post reporter and several CGD colleagues to discuss under-reported topics in globalization and development.

Inevitably we came around to the topic of Chinese development and manufacturing, and whether special conditions there (low wages, an undervalued exchange rate, and so forth) are contributing to de-industrialization elsewhere in the world. The impact of China on global manufacturing is certainly no under-reported topic, but the discussion usually focuses on the consequences for the US.

Read more from Chris Blattman here.