Rethinking Governance in the Modern Economy

Rethinking Governance in the Modern Economy

The closing Panel Discussion: Simon H. Johnson, Paul M. Romer, Hugo Reichardt, Guido W. Imbens, moderator Torsten Persson When the sun sets over the Korean peninsula, the vast gap between the wealth of its two nations becomes visible from above. Satellite images show a firework of economic activity in the prosperous south, indicated by intensely illuminated cities like Seoul, Gwangju and Busan. North Korea, meanwhile, lies mostly dark and d…