Rowthorn in IMF Staff Papers

[Doug Henwood]

Robert Rowthorn has a paper, co-written with Ramana Ramaswamy, in the new
issue of IMF Staff Papers. Ramaswamy is a staff economist at the IMF. The
paper argues that deindustrialization is "explained primarily by
developments that are internal to the advanced economies" - productivity
growth and shifts in demands away from mfg and towards services.
"North-south trade explains less than one-fifth of deindustrialization,"
and has had little effect on manufacturing output in the "advanced"
economies. Didn't Rowthorn used to be a Marxist? Is he still? What's with
the IMF connection? Anyone know?

Doug