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The Globalization Paradox: Democracy and the Future of the World Economy Hardcover – February 21, 2011
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“Takes on the biggest issue of our time―globalization―and eloquently enlarges the debate about the extent and limits of global cooperation.”
- Gordon Brown
“Dani Rodrik may be globalization’s most prominent―and most thoughtful―gadfly. In The Globalization Paradox he wonders aloud whether extreme globalization undermines democracy―and vice versa. Read it and you’ll wonder too.”
- Alan S. Blinder, former vice-chairman of the Federal Reserve’s Board of Governors
“In this powerfully argued book, Dani Rodrik makes the case for country-specific paths to economic development and saner, more sustainable forms of growth. A provocative look at the excesses of hyperglobalization, The Globalization Paradox should be required reading for those who seek to prevent the financial crises and unfair trade practices that feed the backlash against the open markets.”
- Nouriel Roubini coauthor of Crisis Economics: A Crash Course in the Future of Finance
“In this cogent, well-written book, Rodrik, a Harvard economist, critiques unalloyed globalization enthusiasts, taking aim at their desire to fully liberalize foreign trade and capital movements.”
- Richard N. Cooper, Foreign Affairs
“Although [Rodrik’s] message is nuanced and rigorous, drawing on history, logic and the latest economic data, he manages to convey it in simple, powerful prose that any reader can follow….a much-needed addendum to [Adam] Smith’s famous formulation.”
- Steven Pearlstein, Washington Post
“Simply the best recent treatment of the globalization dilemma that I've read, by an economist or anyone else….He gives us nothing less than a general theory of globalization, development, democracy, and the state. The book provides the pleasure of following a thoughtful, critical mind working through a complex puzzle. Rodrik writes in highly friendly and nontechnical prose, blending a wide-ranging knowledge of economic history and politics and a gentle, occasionally incredulous, skepticism about the narrow and distorting lens of his fellow economists.”
- Robert Kuttner, The American Prospect
“A Big Book, one that may shape a new way of thinking about the global economy. . . . The style is conversational, but sweeping and authoritative―professorial in the positive sense. Rodrik is less of a polemicist . . . preferring to stay inside the tent, but he can pack a polite punch when necessary.”
- Duncan Green, Oxfam International, author of From Poverty to Power
“Mr. Rodrik is exactly what the doctor ordered because economics over the past few years has become hyper-politicized (thank you, Paul Krugman) yet never more dismal. Well-written, witty, crafted by an author who doesn’t jump the "Freakonomics" shark, The Globalization Paradox reminds us that economists don’t exist without data, and data comes, ultimately, from the vision and labor of those in the marketplace.”
- Robert Nersesian, New York Journal of Books
About the Author
Dani Rodrik, a prize-winning economist, is the Ford Foundation Professor of International Political Economy at Harvard's John F. Kennedy School of Government. He is the author of The Globalization Paradox and Economics Rules.
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treatise of issues that must not be ignored if free trade is to operate effectively for the benefit of individual states and the globe.
I find particularly interesting the author's study of the economic success of China and three of the four Asian dragons: Singapore, South Korea and Taiwan. His analysis is most instructive. Nevertheless, Hong Kong, the fourth dragon and one that operates one of the freest regimes for trade on this globe, is conspicuously missing from his study. It would be useful if he would have covered this city state as well.
In all, a very interesting and useful book recommended for anyone who has an interest in the subject.
I found this book to be very well researched and documented from a historical point of view. From a technical perspective, the explanations are clear and the logic and conclusions are solid. But we, people from the poor countries feel there is another side to the story. One that Mr. Rodrik mentions just in passing: there IS a dark side. Are there hedgehogs, or just economists responding to their ideology or to the money they get paid by the elites and/or transnational corporations running the globalization show? There is no way they didn't know what would be the results or consequences of the models they proposed and still defend. Well, the results are there for all to see and the scheme is to get the world back to what Mr. Rodrik presents as Capitalism No. 1, and that is deep globalization with the WTO and the FMI doing the job the gunboats did in the past.
I really think this is a book that everybody should read and study..
I gained a good deal of clear thinking value from this book and it has expanded my scope for considering large scale economic and political interactions.
Of course you can't expect from some 3-million inhabitants-country to suddenly build its competitiveness from ground under regime of free trade, and with regime of currency board...
He simplifies the analysis by saying that, to be successful, developing countries have to diversify into industrial activities. There are countries as Chile that have grown significantly and in a sustainable way relying on primary activities, and others as Mexico, that expanded manufactures but have not being able to increase its long term growth rate, just with that.
However his perspective helps to consider the whole institutional and economic situation, with the real restrictions, including ideological limitations.