Should we be building more of our critique on contemporary international developments by focusing on the dangers of export-led growth as a strategy of development. I was surprised when in Cuba to find so many economists there in awe of China's export led growth and eager to try and figure out what to do to replicate it. In other words, it seems that export success has become a critical measure of success even for those on the left.
But what's a small country with a tiny internal market and little external finance to do? I don't know the answer, but it seems a lot of leftists don't appreciate the difficulty of the question.
Doug