Growth Versus Development: The Peruvian Example

Despite significant political volatility and external shocks Peru has been able to maintain remarkable macroeconomic stability. At the same time, enormous deficiencies remain regarding access to basic services, inclusion, and social and political development. What explains the discordance between Peru’s macroeconomic success and the country’s failure in terms of development? What might be an inclusive growth strategy look for Peru? What do we learn about tradeoffs and challenges between growth and development? In this Development Talk, Roberto Chang, Professor in the Department of Economics at Rutgers University and Research Associate at the National Bureau of Economic Research, will discuss his recently published books “Economia Peruana ¿Milagro o Ficción?” and “Los 10 Números Que Todo Peruano Debe Conocer” and explore relevant lessons for Peru and the developing world.

Speaker: Roberto Chang, Professor of Economics at Rutgers University, Research Associate at the National Bureau of Economic Research

Whether attending in person or virtually, please register in advance. Room attendance is permitted for the Harvard community. Boxed lunch will be provided at the end of the event. The Zoom session is open to the public.

Speaker Bio: Roberto Chang is a Professor of Economics at Rutgers University and Research Associate at the National Bureau of Economic Research. Before joining Rutgers in 2000, he was a Research Officer at the Federal Reserve Bank of Atlanta. He has also been an Assistant Professor at NYU and a Visiting Professor at Princeton. Chang has published extensively on monetary economics, exchange rate policy, and financial crises. He has served in the editorial boards of the Journal of International Economics and the Journal of Development Economics, and as a member of the Economics Panel of the National Science Foundation. Chang is a native of Peru and holds a Ph.D. in Economics from the University of Pennsylvania.

The Growth Lab’s “Development Talks” is a series of conversations with policymakers and academics working on economic growth and development in countries, regions, states, and cities in the US and around the world. The seminar provides a platform for practitioners and researchers to discuss both economic growth and development and analytical work centered on policy.