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Leontief Home | Other Recipients

2002 Leontief Prize
Awarded to Alice Amsden and Dani Rodrik

Tufts University’s 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 and Globalization.”

The 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 issues.

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

“As 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]

Alice Amsden, 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.

Dani Rodrik, Professor of International Political Economy at Harvard’s John F. Kennedy School of Government, has written extensively on the globalization process. [see text 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 Stephen Bosworth

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.

Click here for a corresponding article (Mentor Nimani, MALD '03, from The Fletcher Ledger) about the 2002 Leontief Prize .

 

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