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2002 Leontief Prize
Awarded to Alice Amsden and Dani Rodrik
Global Development And Environment Institute awarded
its third annual economics prize to Alice Amsden of
MIT and Dani Rodrik of Harvard for their path-breaking
work on globalization and the role of the state in development.
The awards were presented at a ceremony at Tufts on
November 21, where the recipients spoke on the topic
of Ruling Out National Development? States, Markets
Global Development And Environment Institute (GDAE)
inaugurated the award in 2000 in memory of Nobel
Prize-winning economist and Institute advisory board
member Wassily Leontief, who had passed away the
previous year. The Leontief Prize for Advancing
the Frontiers of Economic Thought is intended to
recognize economists whose work, like that of the
Institute and Leontief himself, is broadening the
field of economics to better comprehend urgent contemporary
From left to right: Neva Goodwin,
Dani Rodrik, Alice Amsden, Bill Moomaw
Amsden and Rodrik
follow two previous pairs as Leontief Prize winners.
The inaugural prizes were awarded to John Kenneth Galbraith
and Nobel Prize winner Amartya Sen. Last year, GDAE
recognized the work of development economist Paul Streeten
and Herman Daly, one of the founders of the recent field
of ecological economics.
From left to right: Neva Goodwin,
Julie Nelson, and Dani Rodrik
it becomes clear that the free market is leaving
many behind in the current wave of globalization,
Alice Amsden and Dani Rodrik are demonstrating
why the theories of free trade have not measured
up to their promises, said GDAE co-director
Neva Goodwin. Their rigorous empirical work
and profound understanding of economic development
is appropriately recognized in an award that bears
Leontief's name. [see
text of Goodwin's remarks]
the Barton T. Weller Professor of of Political Economy
at MIT, is perhaps best known for her recent work on
the role of the state in newly industrializing countries.
[see text of Amsden's
remarks] Her 2001 book, The Rise of
the Rest: Challenges to the West
from Late-Industrializing Economies, highlights
the importance of an active state in promoting industrialization,
a perspective that challenges many of the tenets of
mainstream development institutions.
Rodrik, Professor of International Political Economy
at Harvards John F. Kennedy School of Government,
has written extensively on the globalization process.
of Rodrik's remarks] His empirical
work on the impacts of tariff reductions and financial
liberalization on developing country economies revealed
a track record of economic achievement that was
much more limited than had previously been acknowledged.
His recent books include Making Openness Work:
The New Global Economy and the Developing Countries,
and Has Globalization Gone Too Far?
From left to right: President
Larry Bacow, Alice Amsden, Neva Goodwin, and Dean
The Global Development
And Environment Institute was founded in 1993 with the
goal of promoting a better understanding of how societies
can pursue their economic and community goals in an
environmentally and socially sustainable manner. The
climate of vigorous intellectual inquiry among economists
and others on the Tufts campus has supported the Institute
in its work of policy-relevant research on globalization
and sustainable development, the role of the market
in environmental policy, recycling and material use,
and climate change. The institute develops textbooks
and course materials that incorporate a broad understanding
of social and environmental sustainability. Its six-volume
series, Frontier Issues in Economic Thought,
provides an accessible introduction to over 400 academic
articles on themes such as consumerism, human well-being,
the environment, and economic inequality.
here for a corresponding article (Mentor
Nimani, MALD '03, from The Fletcher Ledger)
about the 2002 Leontief Prize .