The Globalization Paradox

The Globalization Paradox
Author: Dani Rodrik
Publisher: OUP Oxford
Total 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.

Straight Talk on Trade

Straight Talk on Trade
Author: Dani Rodrik
Publisher: Princeton University Press
Total 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.

Economics Rules

Economics Rules
Author: Dani Rodrik
Publisher: Oxford University Press, USA
Total 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.

Economics Rules: The Rights and Wrongs of the Dismal Science

Economics Rules: The Rights and Wrongs of the Dismal Science
Author: Dani Rodrik
Publisher: W. W. Norton & Company
Total 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.

Globalization and Development

Globalization and Development
Author: José Antonio Ocampo
Publisher: Stanford University Press
Total Pages: 238
Release: 2003
Genre: Business & Economics
ISBN: 9780804749565

Globalization and Development draws upon the experiences of the Latin American and Caribbean region to provide a multidimensional assessment of the globalization process from the perspective of developing countries. Based on a study by the United Nations Economic Commission for Latin America and the Caribbean (ECLAC), this book gives a historical overview of economic development in the region and presents both an economic and noneconomic agenda that addresses disparity, respects diversity, and fosters complementarity among regional, national, and international institutions. For orders originating outside of North America, please visit the World Bank website for a list of distributors and geographic discounts at http://publications.worldbank.org/howtoorder or e-mail [email protected].

The Retreat of Democracy and Other Itinerant Essays on Globalization, Economics, and India

The Retreat of Democracy and Other Itinerant Essays on Globalization, Economics, and India
Author: Kaushik Basu
Publisher: Anthem Press
Total Pages: 290
Release: 2010-01-01
Genre: Political Science
ISBN: 0857286765

‘The Retreat of Democracy’ presents an expanded and reworked selection of Basu's best journalistic and academic writings on political and economic themes since the late 1990s. As well as essays on globalization and democracy, the book provides analyses of ideas in economics, as well as anthroplogical observations on social norms, the role of culture, and travel in India and abroad. It also includes an intellectual biography of Amartya Sen, with a discussion of his scientific contributions.

New Humanism And Global Governance

New Humanism And Global Governance
Author: Lijun Yang
Publisher: World Scientific
Total Pages: 387
Release: 2018-07-26
Genre: Political Science
ISBN: 9813236191

New Humanism and Global Governance is the first in this subject to study how a variety of factors related to globalization will shape the future of the human community. It discusses the major challenges to today's world order and governance, as well as international experience in responding to these challenges. It covers a wide range of issues including unequal distribution of wealth, the widening income inequality gap, contradiction between economic development and environmental protection, the middle-income trap, de-globalization, democratic crisis, anti-immigration sentiments, nationalism, and radical extremism. It addresses these issues by emphasizing policy implications for governance.The chapters are selected papers from two international conferences jointly held by the Institute of Public Policy(IPP) at the South China University of Technology and UNESCO. Contributors from China, Europe and the US present their questions, observations, and analyses in a narrative and descriptive style which appeal to a wide range of audience.

Democracy and Globalization

Democracy and Globalization
Author: Charlotte Sieber-Gasser
Publisher: Springer Nature
Total Pages: 292
Release: 2021-04-21
Genre: Law
ISBN: 3030691543

This book offers in-depth legal and political analysis concerning the compatibility of the Westphalian state model with globalization and the digital revolution. It explores the concept of democracy in a globalized world, discusses the legitimacy of economic integration in the global market, and presents three case studies (from Brazil, Taiwan and Spain) on the impact of social media on elections. It further entails novel perspectives on the impact of digitalization on national borders, and the role of citizens and experts in the shaping of globalization. A final chapter addresses the extent to which insights gained from the analysis of the abovementioned aspects will need to be considered in efforts to recover from the current global health and economic crisis.

Gridlock

Gridlock
Author: Thomas Hale
Publisher: John Wiley & Sons
Total Pages: 223
Release: 2013-07-11
Genre: Political Science
ISBN: 0745670105

The issues that increasingly dominate the 21st century cannot be solved by any single country acting alone, no matter how powerful. To manage the global economy, prevent runaway environmental destruction, reign in nuclear proliferation, or confront other global challenges, we must cooperate. But at the same time, our tools for global policymaking - chiefly state-to-state negotiations over treaties and international institutions - have broken down. The result is gridlock, which manifests across areas via a number of common mechanisms. The rise of new powers representing a more diverse array of interests makes agreement more difficult. The problems themselves have also grown harder as global policy issues penetrate ever more deeply into core domestic concerns. Existing institutions, created for a different world, also lock-in pathological decision-making procedures and render the field ever more complex. All of these processes - in part a function of previous, successful efforts at cooperation - have led global cooperation to fail us even as we need it most. Ranging over the main areas of global concern, from security to the global economy and the environment, this book examines these mechanisms of gridlock and pathways beyond them. It is written in a highly accessible way, making it relevant not only to students of politics and international relations but also to a wider general readership.