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‘We Need a New Vision in Development’

World Bank chief economist Pinelopi Goldberg says equality can’t be an afterthought in plans for economic growth.

hirsh-michael-foreign-policy-columnist
hirsh-michael-foreign-policy-columnist
Michael Hirsh
By , a columnist for Foreign Policy.
Women work at a sweatshop sewing clothes under contract with local clothing manufacturers in Manila, the Philippines, on July 12, 2013.
Women work at a sweatshop sewing clothes under contract with local clothing manufacturers in Manila, the Philippines, on July 12, 2013.
Women work at a sweatshop sewing clothes under contract with local clothing manufacturers in Manila, the Philippines, on July 12, 2013. JAY DIRECTO/AFP/Getty Images

Pinelopi Koujianou Goldberg, a Yale University economist known for her work on the relationship between international trade and inequality, has been a leading voice for enlarging the concept of economic growth so it includes those left behind by globalization and technological change. Goldberg, the first female editor in chief of the prestigious American Economic Review, became chief economist of the World Bank at the end of November 2018. She recently shared her thoughts on new economic thinking with Foreign Policy.

Michael Hirsh is a columnist for Foreign Policy. He is the author of two books: Capital Offense: How Washington’s Wise Men Turned America’s Future Over to Wall Street and At War With Ourselves: Why America Is Squandering Its Chance to Build a Better World. Twitter: @michaelphirsh

Tags: Economics, World Bank

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