The Globalization Paradox
- W.W.Norton & Co
- Year of publishing: 2012
- Place of publishing: New York, London
From the mercantile monopolies of seventeenth-century empires to the modern-day authority
of the WTO, IMF, and World Bank, the nations of the world have struggled to effectively
harness globalization's promise. The economic narratives that underpinned these eras—
the gold standard, the Bretton Woods regime, the "Washington Consensus"—brought great
success and great failure. In this eloquent challenge to the reigning wisdom on globalization,
Dani Rodrik offers a new narrative, one that embraces an ineluctable tension: we cannot
simultaneously pursue democracy, national self-determination, and economic globalization.
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.
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- ROD_5.3. (Available)
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