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
ISBN 13 : 0199603332
Total Pages : 369 pages
Book Rating : 4.1/5 (996 download)

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Book Synopsis The Globalization Paradox by : Dani Rodrik

Download or read book The Globalization Paradox written by Dani Rodrik and published by Oxford University Press. This book was released on 2011-03-24 with total page 369 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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
ISBN 13 : 0393341283
Total Pages : 369 pages
Book Rating : 4.3/5 (933 download)

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

Download or read book The Globalization Paradox: Democracy and the Future of the World Economy written by Dani Rodrik and published by W. W. Norton & Company. This book was released on 2012-02-28 with total page 369 pages. Available in PDF, EPUB and Kindle. Book excerpt: Discusses how democracy and national self-determination cannot be pursued simultaneously with economic globalization and instead promotes customizable globalization with international rules to achieve balanced prosperity.

The Globalization Paradox

Author : Dani Rodrik
Publisher : OUP Oxford
ISBN 13 : 0191634255
Total Pages : 368 pages
Book Rating : 4.1/5 (916 download)

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Book Synopsis The Globalization Paradox by : Dani Rodrik

Download or read book The Globalization Paradox written by Dani Rodrik and published by OUP Oxford. This book was released on 2012-05-17 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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 Rodrik

Author : Shortcut Edition
Publisher : Shortcut Edition
ISBN 13 :
Total Pages : 18 pages
Book Rating : 4./5 ( download)

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

Download or read book SUMMARY - The Globalization Paradox: Democracy And The Future Of The World Economy By Dani Rodrik written by Shortcut Edition and published by Shortcut Edition. This book was released on 2021-06-08 with total page 18 pages. Available in PDF, EPUB and Kindle. Book excerpt: * 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

Has Globalization Gone Too Far?

Author : Dani Rodrik
Publisher : Peterson Institute
ISBN 13 : 0881325252
Total Pages : 121 pages
Book Rating : 4.8/5 (813 download)

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Book Synopsis Has Globalization Gone Too Far? by : Dani Rodrik

Download or read book Has Globalization Gone Too Far? written by Dani Rodrik and published by Peterson Institute. This book was released on 1997 with total page 121 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Straight Talk on Trade

Author : Dani Rodrik
Publisher : Princeton University Press
ISBN 13 : 0691196087
Total Pages : 330 pages
Book Rating : 4.6/5 (911 download)

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Book Synopsis Straight Talk on Trade by : Dani Rodrik

Download or read book Straight Talk on Trade written by Dani Rodrik and published by Princeton University Press. This book was released on 2019-08-27 with total page 330 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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

Author : Dani Rodrik
Publisher : Oxford University Press, USA
ISBN 13 : 0198736894
Total Pages : 268 pages
Book Rating : 4.1/5 (987 download)

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Book Synopsis Economics Rules by : Dani Rodrik

Download or read book Economics Rules written by Dani Rodrik and published by Oxford University Press, USA. This book was released on 2015 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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
ISBN 13 : 1429968710
Total Pages : 320 pages
Book Rating : 4.4/5 (299 download)

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Book Synopsis The Next Convergence by : Michael Spence

Download or read book The Next Convergence written by Michael Spence and published by Farrar, Straus and Giroux. This book was released on 2011-05-10 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Democracy and Globalization

Author : Charlotte Sieber-Gasser
Publisher : Springer Nature
ISBN 13 : 3030691543
Total Pages : 292 pages
Book Rating : 4.0/5 (36 download)

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Book Synopsis Democracy and Globalization by : Charlotte Sieber-Gasser

Download or read book Democracy and Globalization written by Charlotte Sieber-Gasser and published by Springer Nature. This book was released on 2021-04-21 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Economics Rules: The Rights and Wrongs of the Dismal Science

Author : Dani Rodrik
Publisher : W. W. Norton & Company
ISBN 13 : 0393246426
Total Pages : 272 pages
Book Rating : 4.3/5 (932 download)

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

Download or read book Economics Rules: The Rights and Wrongs of the Dismal Science written by Dani Rodrik and published by W. W. Norton & Company. This book was released on 2015-10-13 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: “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.

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

Author : Kaushik Basu
Publisher : Anthem Press
ISBN 13 : 0857286765
Total Pages : 290 pages
Book Rating : 4.8/5 (572 download)

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Book Synopsis The Retreat of Democracy and Other Itinerant Essays on Globalization, Economics, and India by : Kaushik Basu

Download or read book The Retreat of Democracy and Other Itinerant Essays on Globalization, Economics, and India written by Kaushik Basu and published by Anthem Press. This book was released on 2010-01-01 with total page 290 pages. Available in PDF, EPUB and Kindle. Book excerpt: ‘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.

Has Globalization Gone Too Far?

Author : Dani Rodrik
Publisher : Columbia University Press
ISBN 13 : 0881323160
Total Pages : 128 pages
Book Rating : 4.8/5 (813 download)

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Book Synopsis Has Globalization Gone Too Far? by : Dani Rodrik

Download or read book Has Globalization Gone Too Far? written by Dani Rodrik and published by Columbia University Press. This book was released on 1997-03-01 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Paradoxes of Culture and Globalization

Author : Martin J. Gannon
Publisher : SAGE
ISBN 13 : 1412940443
Total Pages : 289 pages
Book Rating : 4.4/5 (129 download)

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Book Synopsis Paradoxes of Culture and Globalization by : Martin J. Gannon

Download or read book Paradoxes of Culture and Globalization written by Martin J. Gannon and published by SAGE. This book was released on 2008 with total page 289 pages. Available in PDF, EPUB and Kindle. Book excerpt: "What is a paradox? Why are cross-cultural paradoxes essential for understanding the changes that are occurring because of globalization? Encompassing a wide variety of areas including leadership, cross-cultural negotiations, immigration, religion, economic development, and business strategy, Paradoxes of Culture and Globalization develops 93 cross-cultural paradoxes essential for understanding globalization." "This is a text for advanced undergraduate and graduate courses such as International Management, International Business, Comparative Management, World Business Environment, Cross-Cultural Management, Cross-Cultural Communications, and Cultural Anthropology in the departments of business and management, communication, and anthropology. It is also appropriate for management training and education."--BOOK JACKET.

Economics Of The Middle East And North Africa (Mena), The (Second Edition)

Author : Joseph Pelzman
Publisher : World Scientific
ISBN 13 : 9813203994
Total Pages : 534 pages
Book Rating : 4.8/5 (132 download)

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Book Synopsis Economics Of The Middle East And North Africa (Mena), The (Second Edition) by : Joseph Pelzman

Download or read book Economics Of The Middle East And North Africa (Mena), The (Second Edition) written by Joseph Pelzman and published by World Scientific. This book was released on 2018-11-29 with total page 534 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Middle East and North Africa (MENA) is a large, complex, and diverse region, which faces a wide range of economic issues. The MENA group includes Algeria, Bahrain, Cyprus, Djibouti, Egypt, Iran, Iraq, Israel, Jordan, Kuwait, Lebanon, Libya, Morocco, Oman, Qatar, Saudi Arabia, Syria, Tunisia, Turkey, United Arab Emirates, and Yemen.The purpose of this book is not to provide a country-by-country study, but rather to deal with general economic themes found in Arab MENA and Israel, such as problems associated with growth and structural change; the role of State-intervention in country-specific local markets; labor market imperfections driven by gender bias; technology gaps and endogenous growth; capital market development in a restricted financial model based on religious constraints; savings and investment behaviour in a model of state subsidization and intervention designed to control local development; and the role of the state in constraining private sector activity. Data sources used in this second edition include country-specific data, the World Bank, the United Nations, the International Monetary Fund and the Organisation for Economic Co-operation and Development.The new material in this second edition includes a discussion of the impending and inevitable leadership changes which will occur throughout Arab MENA over the next decades. The evidence to support this evaluation is based on the current lack of transparent markets; the lack of inclusive macro policies, the impact of distortionary micro economic policies across all sectors; and the impact of anti-globalization and xenophobia on innovation. Old chapters are revised with updated data, a discussion of the role of the 'State' and 'Oligarchies' in the economies of most of the MENA countries, an in-depth exploration of the investment in human capital and growth and an identification of the most important binding constraints to economic development in Arab MENA and Israel.This book serves as both a textbook and a summary of the very large literature on MENA. It examines the economic realities of the region and compares them across the MENA economies. It should be stressed that this book is not about the latest political debate on who did what to whom in the Middle East or in North Africa. The focus is on economics, not political economics.

The Future of the Global Economy Towards a Long Boom?

Author : OECD
Publisher : OECD Publishing
ISBN 13 : 926417401X
Total Pages : 198 pages
Book Rating : 4.2/5 (641 download)

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Book Synopsis The Future of the Global Economy Towards a Long Boom? by : OECD

Download or read book The Future of the Global Economy Towards a Long Boom? written by OECD and published by OECD Publishing. This book was released on 1999-12-20 with total page 198 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book reviews the forces driving economic and social change in today's world. It asesses the likelihood of a long boom materialising in the first decades of the 21st century and explores the strategic policies essential for making it happen.

Banking on the Future

Author : Howard Davies
Publisher : Princeton University Press
ISBN 13 : 1400834635
Total Pages : 337 pages
Book Rating : 4.4/5 (8 download)

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Book Synopsis Banking on the Future by : Howard Davies

Download or read book Banking on the Future written by Howard Davies and published by Princeton University Press. This book was released on 2010-04-12 with total page 337 pages. Available in PDF, EPUB and Kindle. Book excerpt: An inside look at the role and future of central banking in the global economy The crash of 2008 revealed that the world's central banks had failed to offset the financial imbalances that led to the crisis, and lacked the tools to respond effectively. What lessons should central banks learn from the experience, and how, in a global financial system, should cooperation between them be enhanced? Banking on the Future provides a fascinating insider's look into how central banks have evolved and why they are critical to the functioning of market economies. The book asks whether, in light of the recent economic fallout, the central banking model needs radical reform. Supported by interviews with leading central bankers from around the world, and informed by the latest academic research, Banking on the Future considers such current issues as the place of asset prices and credit growth in anti-inflation policy, the appropriate role for central banks in banking supervision, the ways in which central banks provide liquidity to markets, the efficiency and cost-effectiveness of central banks, the culture and individuals working in these institutions, as well as the particular issues facing emerging markets and Islamic finance. Howard Davies and David Green set out detailed policy recommendations, including a reformulation of monetary policy, better metrics for financial stability, closer links with regulators, and a stronger emphasis on international cooperation. Exploring a crucial sector of the global economic system, Banking on the Future offers new ideas for restoring financial strength to the foundations of central banking.

Financial Globalization, Economic Growth, and the Crisis of 2007-09

Author : William R. Cline
Publisher : Peterson Institute
ISBN 13 : 9780881324990
Total Pages : 361 pages
Book Rating : 4.3/5 (249 download)

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Book Synopsis Financial Globalization, Economic Growth, and the Crisis of 2007-09 by : William R. Cline

Download or read book Financial Globalization, Economic Growth, and the Crisis of 2007-09 written by William R. Cline and published by Peterson Institute. This book was released on 2010 with total page 361 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This is a careful and comprehensive survey of the literature of the last decade on growth and financial globalization. Secondarily, the book includes a useful explanation of some of the major policies and decisions made during the financial crisis. The book is thorough and very clearly written....It's potentially very useful for advanced undergraduate and graduate courses on financial globalization, particularly ones that stress economic modeling and empirics."---Kenneth S. Rogoff, Thomas D. Cabot Professor of Public Policy and Professor of Economics, Harvard University "Cline's overview of financial globalization and economic growth...will be an invaluable resource for anyone doing research in this field. His painstaking gathering, analysis, and comments on the empirical work in this area will make this a must-have volume to all researchers."---Gerard Caprio, Jr., Chair, Center for Development Economics, and Professor of Economics, Williams College "This book does an excellent job of summarizing the empirical literature on openness to international capital flows and economic growth....In light of the crisis of 2007-2009, there will clearly be a reassessment of the relationship between policies regarding financial globalization and economic outcomes in the short and long runs. This book provides a sound foundation on which that reassessment can flourish."---Ross Levine, James and Merryl Tisch Professor of Economics and Director, William R. Rhodes Center in International Economics & Finance, Brown University