At the Faculty of Economic Sciences of the University of Buenos Aires, an important event took place where the Honorary Doctorate was awarded to the distinguished economist Dani Rodrik. Present at the event were Vice-Rector Emiliano Yacobitti and Professor Juan Carlos Hallak, who academically praised Rodrik before his lecture on 'Why Markets Need the State.'
During his talk, Rodrik emphasized that markets cannot regulate or legitimize themselves; they must be integrated into a broad institutional framework. He stressed the need to consider innovation, investment, growth, and stability equitably within the equation of productive development. Additionally, he highlighted the importance of countries applying pragmatic governmental policies to encourage productive diversification.
The economist pointed out that the state must not allow the market to be the sole engine of economic growth. He cited examples such as China's industrial policy and state intervention in copper mining in Chile to support his argument.
Subsequently, Rodrik participated in a panel alongside Andrés Michel, Norberto Nigro, and María Laura Palacios, where the collaboration between the public and private sectors in the economic realm was discussed. Juan Carlos Hallak moderated the panel, exploring various experiences in this field.
In addition to his distinguished academic career, Dani Rodrik is a professor at the John F. Kennedy School of Government at Harvard University. He has an extensive academic background, with degrees from Harvard and Princeton University, and has published several renowned books in the fields of economics and globalization. Rodrik has been recognized with several international awards, such as the Princess of Asturias Award for Social Sciences and the Albert O. Hirschman Award, among others.
