The Globalization Paradox Democracy And The Future Of The World Economy

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The Globalization Paradox

Author : Dani Rodrik
Publisher : Oxford University Press
Page : 369 pages
File Size : 51,7 Mb
Release : 2011-03-24
Category : Business & Economics
ISBN : 9780199603336

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The Globalization Paradox by Dani Rodrik Pdf

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.

The Globalization Paradox: Democracy and the Future of the World Economy

Author : Dani Rodrik
Publisher : W. W. Norton & Company
Page : 368 pages
File Size : 44,5 Mb
Release : 2011-02-21
Category : Political Science
ISBN : 0393080803

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The Globalization Paradox: Democracy and the Future of the World Economy by Dani Rodrik Pdf

"Cogent, well-written . . . critiques unalloyed globalization enthusiasts, taking aim at their desire to fully liberalize foreign trade ad capital movements." —Foreign Affairs In this eloquent challenge to the reigning wisdom on globalization, Dani Rodrik reminds us of the importance of the nation-state, arguing forcefully that when the social arrangements of democracies inevitably clash with the international demands of globalization, national priorities should take precedence. Combining history with insight, humor with good-natured critique, Rodrik’s case for a customizable globalization supported by a light frame of international rules shows the way to a balanced prosperity as we confront today’s global challenges in trade, finance, and labor markets.

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

Author : Shortcut Edition
Publisher : Shortcut Edition
Page : 18 pages
File Size : 55,5 Mb
Release : 2021-06-08
Category : Business & Economics
ISBN : 8210379456XXX

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SUMMARY - The Globalization Paradox: Democracy And The Future Of The World Economy By Dani Rodrik by Shortcut Edition Pdf

* 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 Paradox

Author : Dani Rodrik
Publisher : OUP Oxford
Page : 368 pages
File Size : 44,7 Mb
Release : 2012-05-17
Category : Political Science
ISBN : 9780191634253

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The Globalization Paradox by Dani Rodrik Pdf

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.

Has Globalization Gone Too Far?

Author : Dani Rodrik
Publisher : Peterson Institute
Page : 121 pages
File Size : 52,6 Mb
Release : 1997
Category : Electronic
ISBN : 9780881325256

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Has Globalization Gone Too Far? by Dani Rodrik Pdf

Straight Talk on Trade

Author : Dani Rodrik
Publisher : Princeton University Press
Page : 330 pages
File Size : 53,7 Mb
Release : 2019-08-27
Category : Business & Economics
ISBN : 9780691196084

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Straight Talk on Trade by Dani Rodrik Pdf

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.

The COVID-19 Catastrophe

Author : Richard Horton
Publisher : John Wiley & Sons
Page : 143 pages
File Size : 40,9 Mb
Release : 2020-07-13
Category : Medical
ISBN : 9781509546459

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The COVID-19 Catastrophe by Richard Horton Pdf

The global response to the COVID-19 pandemic is the greatest science policy failure in a generation. We knew this was coming. Warnings about the threat of a new pandemic have been made repeatedly since the 1980s and it was clear in January that a dangerous new virus was causing a devastating human tragedy in China. And yet the world ignored the warnings. Why? In this short and hard-hitting book, Richard Horton, editor of the medical journal The Lancet, scrutinizes the actions that governments around the world took – and failed to take – as the virus spread from its origins in Wuhan to the global pandemic that it is today. He shows that many Western governments and their scientific advisors made assumptions about the virus and its lethality that turned out to be mistaken. Valuable time was lost while the virus spread unchecked, leaving health systems unprepared for the avalanche of infections that followed. Drawing on his own scientific and medical expertise, Horton outlines the measures that need to be put in place, at both national and international levels, to prevent this kind of catastrophe from happening again. Were supposed to be living in an era where human beings have become the dominant influence on the environment, but COVID-19 has revealed the fragility of our societies and the speed with which our systems can come crashing down. We need to learn the lessons of this pandemic and we need to learn them fast because the next pandemic may arrive sooner than we think.

The Global Minotaur

Author : Yanis Varoufakis
Publisher : Zed Books Ltd.
Page : 178 pages
File Size : 41,5 Mb
Release : 2015-07-05
Category : Business & Economics
ISBN : 9781783606122

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The Global Minotaur by Yanis Varoufakis Pdf

'The emerging rock-star of Europe's anti-austerity uprising.' Daily Telegraph 'A spirited book.' New Yorker In this remarkable and provocative book, Yanis Varoufakis, former finance minister of Greece, explodes the myth that financialisation, ineffectual regulation of banks, greed and globalisation were the root causes of both the Eurozone crisis and the global economic crisis. Rather, they are symptoms of a much deeper malaise which can be traced all the way back to the Great Crash of 1929, then on through to the 1970s: the time when a Global Minotaur was born. Today's deepening crisis in Europe is just one of the inevitable symptoms of the weakening Minotaur; of a global system which is now as unsustainable as it is imbalanced. Going beyond this, Varoufakis reveals how we might reintroduce a modicum of reason into what has become a perniciously irrational economic order. An essential account of the socio-economic events and hidden histories that have shaped the world as we now know it.

Democracy and Globalization

Author : Charlotte Sieber-Gasser,Alberto Ghibellini
Publisher : Springer Nature
Page : 292 pages
File Size : 41,9 Mb
Release : 2021-04-21
Category : Law
ISBN : 9783030691547

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Democracy and Globalization by Charlotte Sieber-Gasser,Alberto Ghibellini Pdf

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.

Has Globalization Gone Too Far?

Author : Dani Rodrik
Publisher : Columbia University Press
Page : 128 pages
File Size : 48,9 Mb
Release : 1997-03-01
Category : Political Science
ISBN : 9780881323160

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Has Globalization Gone Too Far? by Dani Rodrik Pdf

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.

Economics Rules: The Rights and Wrongs of the Dismal Science

Author : Dani Rodrik
Publisher : W. W. Norton & Company
Page : 272 pages
File Size : 50,8 Mb
Release : 2015-10-13
Category : Business & Economics
ISBN : 9780393246421

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Economics Rules: The Rights and Wrongs of the Dismal Science by Dani Rodrik Pdf

“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.

Economics Rules

Author : Dani Rodrik
Publisher : Oxford University Press, USA
Page : 268 pages
File Size : 51,9 Mb
Release : 2015
Category : Economic policy
ISBN : 9780198736899

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Economics Rules by Dani Rodrik Pdf

A leading economist trains a lens on his own discipline to uncover when it fails and when it works.

The Next Convergence

Author : Michael Spence
Publisher : Farrar, Straus and Giroux
Page : 320 pages
File Size : 48,9 Mb
Release : 2011-05-10
Category : Business & Economics
ISBN : 9781429968713

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The Next Convergence by Michael Spence Pdf

A Washington Post Notable Nonfiction Book for 2011 With the British Industrial Revolution, part of the world's population started to experience extraordinary economic growth—leading to enormous gaps in wealth and living standards between the industrialized West and the rest of the world. This pattern of divergence reversed after World War II, and now we are midway through a century of high and accelerating growth in the developing world and a new convergence with the advanced countries—a trend that is set to reshape the world. Michael Spence, winner of the Nobel Prize in Economic Sciences, explains what happened to cause this dramatic shift in the prospects of the five billion people who live in developing countries. The growth rates are extraordinary, and continuing them presents unprecedented challenges in governance, international coordination, and ecological sustainability. The implications for those living in the advanced countries are great but little understood. Spence clearly and boldly describes what's at stake for all of us as he looks ahead to how the global economy will develop over the next fifty years. The Next Convergence is certain to spark a heated debate how best to move forward in the post-crisis period and reset the balance between national and international economic interests, and short-term fixes and long-term sustainability.

Better Work

Author : Monique Kremer,Robert Went,Godfried Engbersen
Publisher : Springer Nature
Page : 209 pages
File Size : 45,5 Mb
Release : 2021-11-13
Category : Social Science
ISBN : 9783030786823

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Better Work by Monique Kremer,Robert Went,Godfried Engbersen Pdf

This Open Access book provides a thorough analysis of the quality of work in the Netherlands, and suggests policy proposals to promote and facilitate good work for more people. New technology, flexibilization and the intensification of work will have significant consequences for all those who will still have jobs in the future, and – much less studied so far – for the quality of their work. Good work is essential for general well-being: for the individual’s quality of life, for the economy and for society. Good work for everyone should therefore be seen as an important aspiration for companies, institutions, social partners and governments. An essential read for an international audience of academics in the field of the sociology of work, labor economics and social policy, as well as for policymakers and researchers of trade unions, and representatives of other social movements.

The No-nonsense Guide to Globalization

Author : Wayne Ellwood
Publisher : New Internationalist
Page : 154 pages
File Size : 43,7 Mb
Release : 2010
Category : Political Science
ISBN : 9781906523473

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The No-nonsense Guide to Globalization by Wayne Ellwood Pdf

Globalisation has become one of the most used and encompassing words over the past decade, of undeniable influence in economics, politics and activism. Globalisation is literally all around; every aspect of life is affected by a global structure of communication and economy. This fully revised and updated guide condenses this complex subject into clear, concise commentary. It examines the debt trap, the acceleration of neoliberalism, competition for energy resources, the links between the war on terror, the arms trade and the alternatives to corporate control.