Competition by public authorities to attract large companies with tax breaks or other subsidies is not the route to good jobs. An iterative dialogue with firms offers a better way.
Dani Rodrik and Charles F Sabel
Dani Rodrik, professor of international political economy at Harvard University’s John F Kennedy School of Government, is the author of Straight Talk on Trade: Ideas for a Sane World Economy. Charles F Sabel is professor of law at Columbia University.