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Has Globalization Gone Too Far? Paperback – March 1, 1997

4.4 out of 5 stars 8 customer reviews

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Product Details

  • Paperback: 108 pages
  • Publisher: Institute for International Economics; 60757th edition (March 1, 1997)
  • Language: English
  • ISBN-10: 0881322415
  • ISBN-13: 978-0881322415
  • Product Dimensions: 0.5 x 6.2 x 9.5 inches
  • Shipping Weight: 7.8 ounces (View shipping rates and policies)
  • Average Customer Review: 4.4 out of 5 stars  See all reviews (8 customer reviews)
  • Amazon Best Sellers Rank: #5,370 in Books (See Top 100 in Books)

Customer Reviews

Top Customer Reviews

Format: Paperback
Seldom can one find an economist whose sensitivity to political and social issues coexist in perfect harmony with a technically impecable background. Rodrik is one such rare creature. His book addresses the issue of globalization, defying economic theories and pointing straight to the problem: globalization engenders social instability, that in turn unables financial/economic stability to be sustained. Accoridng to Rodrik, unless attention is given to the "lossers" of this process, protectionism may strike back. Rodrik is successful in showing that globalization is NOT "the end of history", and should not be taken for granted.
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Format: Paperback
This is an excellent book that dwells in to the effects of globalization, related issues and potential solutions. It discusses social issues and policies within the context of globalization. It also dwells in to the issues related to labor standards and income distribution. Rodrik presents good solutions but they are debatable and not easy to implement.
I feel that Rodrik discusses solely from the perspectives of industrialized nations' interests. I would have liked him to explore more from the perspectives of under developed/developing nations'.
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Format: Paperback Verified Purchase
Dani Rodrik tackles the issue on the state of Globalization for the institute for international economics think tank with surprising insight and intellectual power. This is a great look from an economists prospective (graphs and data analysis included) on where globalization is today. This is not a tired rehashing of long discussed topics but a fresh take on where globalization is today. The book begins by looking at where the labor market is and assessing the consequences for unskilled labor and the elasticity of demand for workers as the curve flattens with increased globalization of the workforce. It is followed by tension in trade and domestic policy from child labor to fair trade and the strikes of workers as globalization increases. One of the more interesting chapters is the argument hat with the increase in globalization the demand for social insurance rose and with the diminishing tax base is now one of the cruxes that is poised to cause potential harm within the world economic order. Mobile capital has shifted tax bases and is putting strain on government budgets to meet the demands of its citizens. Overall an excellent addition to the issues on globalization and one that is not to be missed.
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Format: Paperback
This is the book you need if you want to be able to justify an inner sense that "something's wrong in Denmark" with the economic models that prove it. Shortly before protesters scuttled the trade talks in 1998 in Seattle, Rodrik, part of the Harvard establishment at the time, set down in this short 1997 pamphlet the reasons economic theory explains and justifies such social discontent.

He even graphs it.

Rodrik locates just where on those economic graphs the causes of social discontent can be predicted to arise through the very economic models that were being used to dismiss the validity of the protesters' concerns at the time. Blending political science and economic theory, his approach is that of an economist speaking to economists in their own language, even though the topic of conversation was all too rare at the time. The result is an argument that is much more difficult to dismiss as "naive" and "misguided" than the incendiary placards and 10-foot puppets of the street theater protesters were.

It is an engaging book, but you will need some understanding of economic theory and a nerdy love of 2-axis graphs and empirical comparative analysis to fully appreciate what it has to offer.

Rodrik's basic argument is that the economic globalization of trade & capital flows may create overall growth; however, it also creates the demand for policies that offset its negative effects, which include a 1) increased vulnerability of workers (working & middle class) in a policy environment of mobile capital and immobile labor; 2) a heightened demand for state social protections as economies open more fully to trade (backed by empirical correlative analysis); 3) the weakened ability of states to create a tax base to support such protections in the face of mobile capital, and 3) policy suggestions to address these issues.

A tremendous book.
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