The Globalization ParadoxThe Globalization Paradox

2012-05-172012-05-17 Dani RodrikDani Rodrik

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.

Author: Dani Rodrik

Publisher: Oxford University Press

ISBN: 9780191634246

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Page: 368

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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.

SUMMARY The Globalization Paradox Democracy And The Future Of The World Economy By Dani RodrikSUMMARY The Globalization Paradox Democracy And The Future Of The World Economy By Dani Rodrik

2021-06-082021-06-08 Shortcut EditionShortcut Edition

A work that Adam Smith, the father of modern economics, would certainly not have disavowed ... *Buy now the summary of this book for the modest price of a cup of coffee!SUMMARY - The Globalization Paradox: Democracy And The Future Of The ...

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* Our summary is short, simple and pragmatic. It allows you to have the essential ideas of a big book in less than 30 minutes. As you read this summary, you will learn that the paradox of globalization is that a society cannot have political democracy, a sovereign nation-state and globalized markets all at once. You will also learn that : the economic growth of the Glorious Thirty is due to the Bretton Woods system; democracies have the right to guard against the excesses of economic globalization; the gold standard regime before the First World War was the first economic globalization; the two oil shocks of 1973 and 1979 were directly responsible for the end of the Bretton Woods system; the petrodollars caused the intensification of international capital flows; the maintenance of national sovereignty is incompatible with the pursuit of economic globalization. In "The Globalization Paradox", Dani Rodrik indulges in nothing less than a general theorization of globalization. Economic development, democracy, and the role of the state are among the topics discussed. The author takes up the currently most debated theme, that of globalization, and eloquently broadens the debate on the limits of global economic cooperation. A work that Adam Smith, the father of modern economics, would certainly not have disavowed ... *Buy now the summary of this book for the modest price of a cup of coffee!SUMMARY - The Globalization Paradox: Democracy And The Future Of The World Economy By Dani Rodrik

The Globalization ParadoxThe Globalization Paradox

20112011 Dani RodrikDani Rodrik

Combining history with personal insights, a professor of International Political Economy at Harvard University discusses how democracy and national self-determination cannot be simultaneously pursued with economic globalization and instead ...

Author: Dani Rodrik

Publisher: W W Norton & Company Incorporated

ISBN: 0393071618

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Page: 346

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Combining history with personal insights, a professor of International Political Economy at Harvard University discusses how democracy and national self-determination cannot be simultaneously pursued with economic globalization and instead promotes customizable globalization with international rules to achieve balanced prosperity.

Has Globalization Gone Too Far Has Globalization Gone Too Far

1997-03-011997-03-01 Dani RodrikDani Rodrik

Ultimately, the deepening of social fissures can harm all." President Clinton read the book and it provided the conceptual basis for the trade/IMF portions of his State of the Union message in January 1998.

Author: Dani Rodrik

Publisher: Columbia University Press

ISBN: 9780881323160

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Page: 128

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Globalization is exposing social fissures between those with the education, skills, and mobility to flourish in an unfettered world market—the apparent "winners"—and those without. These apparent "losers" are increasingly anxious about their standards of living and their precarious place in an integrated world economy. The result is severe tension between the market and broad sectors of society, with governments caught in the middle. Compounding the very real problems that need to be addressed by all involved, the knee-jerk rhetoric of both sides threatens to crowd out rational debate. From the United States to Europe to Asia, positions are hardening. Dani Rodrik brings a clear and reasoned voice to these questions. Has Globalization Gone Too Far? takes an unblinking and objective look at the benefits—and risks—of international economic integration, and criticizes mainstream economists for downplaying its dangers. It also makes a unique and persuasive case that the "winners" have as much at stake from the possible consequences of social instability as the "losers." As Rodrik points out, ". . . social disintegration is not a spectator sport—those on the sidelines also get splashed with mud from the field. Ultimately, the deepening of social fissures can harm all." President Clinton read the book and it provided the conceptual basis for the trade/IMF portions of his State of the Union message in January 1998.

Violence and PoliticsViolence and Politics

2013-10-082013-10-08 Kenton WorcesterKenton Worcester

These essays cover a number of timely issues including pro-life terrorism, hate crimes, Islam's connection (or stereotyped connection) to violence, rape as a war crime, ethnic conflicts, and violence against those protesting for civil ...

Author: Kenton Worcester

Publisher: Routledge

ISBN: 9781136701320

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Page: 312

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First Published in 2002. Routledge is an imprint of Taylor & Francis, an informa company.

Straight Talk on TradeStraight Talk on Trade

2019-08-272019-08-27 Dani RodrikDani Rodrik

The length of this book belies its stunning scope, ranging from developed to developing countries, the past to the present, and political science to economics.

Author: Dani Rodrik

Publisher: Princeton University Press

ISBN: 9780691196084

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Page: 330

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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.