The Globalization Paradox
Title | The Globalization Paradox PDF eBook |
Author | Dani Rodrik |
Publisher | OUP Oxford |
Pages | 442 |
Release | 2012-05-17 |
Genre | Political Science |
ISBN | 0191634255 |
For a century, economists have driven forward the cause of globalization in financial institutions, labour markets, and trade. Yet there have been consistent warning signs that a global economy and free trade might not always be advantageous. Where are the pressure points? What could be done about them? Dani Rodrik examines the back-story from its seventeenth-century origins through the milestones of the gold standard, the Bretton Woods Agreement, and the Washington Consensus, to the present day. Although economic globalization has enabled unprecedented levels of prosperity in advanced countries and has been a boon to hundreds of millions of poor workers in China and elsewhere in Asia, it is a concept that rests on shaky pillars, he contends. Its long-term sustainability is not a given. The heart of Rodrik’s argument is a fundamental 'trilemma': that we cannot simultaneously pursue democracy, national self-determination, and economic globalization. Give too much power to governments, and you have protectionism. Give markets too much freedom, and you have an unstable world economy with little social and political support from those it is supposed to help. Rodrik argues for smart globalization, not maximum globalization.
Review of Dani Rodrik, 'The Globalization Paradox
Title | Review of Dani Rodrik, 'The Globalization Paradox PDF eBook |
Author | Simon Lester |
Publisher | |
Pages | 9 |
Release | 2014 |
Genre | |
ISBN |
Review of Dani Rodrik's book "The Globalization Paradox: Democracy and the Future of the World Economy."
Straight Talk on Trade
Title | Straight Talk on Trade PDF eBook |
Author | Dani Rodrik |
Publisher | Princeton University Press |
Pages | 330 |
Release | 2019-08-27 |
Genre | Business & Economics |
ISBN | 0691196087 |
Deftly navigating the tensions among globalization, national sovereignty, and democracy, Straight Talk on Trade presents an indispensable commentary on today's world economy and its dilemmas, and offers a visionary framework at a critical time when it is most needed.
Has Globalization Gone Too Far?
Title | Has Globalization Gone Too Far? PDF eBook |
Author | Dani Rodrik |
Publisher | Peterson Institute |
Pages | 121 |
Release | 1997 |
Genre | |
ISBN | 0881325252 |
Economics Rules
Title | Economics Rules PDF eBook |
Author | Dani Rodrik |
Publisher | Oxford University Press, USA |
Pages | 268 |
Release | 2015 |
Genre | Business & Economics |
ISBN | 0198736894 |
A leading economist trains a lens on his own discipline to uncover when it fails and when it works.
The Globalization Paradox
Title | The Globalization Paradox PDF eBook |
Author | Dani Rodrik |
Publisher | |
Pages | 268 |
Release | 2011 |
Genre | Globalization |
ISBN | 9786613895110 |
For a century, economists have driven forward the cause of globalization in financial institutions, labour markets, and trade. Yet there have been consistent warning signs that a global economy and free trade might not always be advantageous. Where are the pressure points? What could be done about them?Dani Rodrik examines the back-story from its seventeenth-century origins through the milestones of the gold standard, the Bretton Woods Agreement, and the Washington Consensus, to the present day. Although economic globalization has enabled unprecedented levels of prosperity in advanced countries.
Economics Rules: The Rights and Wrongs of the Dismal Science
Title | Economics Rules: The Rights and Wrongs of the Dismal Science PDF eBook |
Author | Dani Rodrik |
Publisher | W. W. Norton & Company |
Pages | 161 |
Release | 2015-10-13 |
Genre | Business & Economics |
ISBN | 0393246426 |
“A hugely valuable contribution. . . . In setting out a defence of the best in economics, Rodrik has also provided a goal for the discipline as a whole.” —Martin Sandbu, Financial Times In the wake of the financial crisis and the Great Recession, economics seems anything but a science. In this sharp, masterfully argued book, Dani Rodrik, a leading critic from within, takes a close look at economics to examine when it falls short and when it works, to give a surprisingly upbeat account of the discipline. Drawing on the history of the field and his deep experience as a practitioner, Rodrik argues that economics can be a powerful tool that improves the world—but only when economists abandon universal theories and focus on getting the context right. Economics Rules argues that the discipline's much-derided mathematical models are its true strength. Models are the tools that make economics a science. Too often, however, economists mistake a model for the model that applies everywhere and at all times. In six chapters that trace his discipline from Adam Smith to present-day work on globalization, Rodrik shows how diverse situations call for different models. Each model tells a partial story about how the world works. These stories offer wide-ranging, and sometimes contradictory, lessons—just as children’s fables offer diverse morals. Whether the question concerns the rise of global inequality, the consequences of free trade, or the value of deficit spending, Rodrik explains how using the right models can deliver valuable new insights about social reality and public policy. Beyond the science, economics requires the craft to apply suitable models to the context. The 2008 collapse of Lehman Brothers challenged many economists' deepest assumptions about free markets. Rodrik reveals that economists' model toolkit is much richer than these free-market models. With pragmatic model selection, economists can develop successful antipoverty programs in Mexico, growth strategies in Africa, and intelligent remedies for domestic inequality. At once a forceful critique and defense of the discipline, Economics Rules charts a path toward a more humble but more effective science.