Rafael Proença (@externalidades) header
Rafael Proença (@externalidades) profile picture

Brazilian, dad, trying to help accelerate economic growth of developing countries @coeff_giving

Washington, DC
Joined November 2010
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The development economics community is not AGI-pilled enough. The possibility is real and the stakes are high. Imo, the main question is how poor countries can accelerate their growth after AI causes a frontier growth acceleration. Here's a plan you can disagree with:
Replying to @externalidades
Do everything you can to accumulate productive AI-enhanced capital. In the TAI world, frontier growth is driven by robots doing activities of economic value. Whoever owns the robots gets rich, so poor countries should try to own more robots.
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Rafael Proença retweeted
The @WorldBankGroup's big new report on African urbanization dropped this week. Full disclosure, @AfricaUrbanLab contributed, so I’m biased...worldbank.org/en/publication… Also got to grill one of the lead authors, @mroberts10013, on the podcast. THread: 🧵 1/
🎙️🏙️ A Special New Episode of the @AfricaUrbanLab Podcast: Mark Roberts Catalyzing Jobs & Economic Growth in African Cities To mark the release of the @WorldBankGroup's new flagship report, Sub-Saharan Africa’s Urban Awakening: Catalyzing Economic Growth and Job Creation, to which AUL contributed, AUL Founder & Executive Director @kurtislockhart sits down with @mroberts10013, Lead Urban Economist at the World Bank and one of the report’s lead authors. The conversation centers on three areas at the heart of the report’s recommendations for cities: job-rich clusters, transport connections, and city revenue. Mark explains why jobs spread thinly across a city limit agglomeration economies, how informal and formal transport can work together to bring workers closer to opportunity, and why property tax remains the most untapped source of own-source revenue.
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Rafael Proença retweeted
If transformative AI makes rich countries' economies go zoom, how can the poorest countries in the world avoid being left behind? My @coeff_giving colleague @externalidades has an idea: AI-intensive bootstrapping
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In 1800, Mali's per capita GDP was roughly 5x smaller than Britain's. Today it is 25x smaller. The Industrial Revolution widened the gap and two centuries didn't close it. AI might cause a new growth acceleration in frontier economies. How can poor countries bridge the gap faster this time?
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Pushback welcome, especially from people who think exports and FDI will keep doing the heavy lifting.
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