Your Waterstones card is changing, introducing...
TELL ME MORE
The Globalization Paradox: Why Global Markets, States, and Democracy Can't Coexist (Hardback)
  • The Globalization Paradox: Why Global Markets, States, and Democracy Can't Coexist (Hardback)
zoom

The Globalization Paradox: Why Global Markets, States, and Democracy Can't Coexist (Hardback)

(author)
£16.99
Hardback 368 Pages / Published: 24/03/2011
  • Not available

This product is currently unavailable.

  • This item has been added to your basket
Check availability At your local shop
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.

Publisher: Oxford University Press
ISBN: 9780199603336
Number of pages: 368
Weight: 670 g
Dimensions: 242 x 155 x 26 mm


MEDIA REVIEWS
This book takes on the biggest issue of our time - globalization - and eloquently enlarges the debate about the extent and limits of global cooperation. * Gordon Brown, MP *
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 hyper-globalization, 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 open markets. * Nouriel Roubini, co-author of Crisis Economics: A Crash Course in the Future of Finance *
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 Board of Governors of the U.S. Federal Reserve *
His excellent new book is a sequel to an earlier book about the often disruptive impact of international trade on national labor markets and social policies. The new book develops and extends this theme to include financial globalization... Rodrik concludes by considering how the world economy might be reformed. * Robert Rowthorn, Finance and Development, *

You may also be interested in...

Arts Under Pressure
Added to basket
£26.99
Paperback
The Making of Global Capitalism
Added to basket
Aerotropolis
Added to basket
£10.99
Paperback
Why Geography Matters, More Than Ever
Added to basket
Globalisation, Democracy and Terrorism
Added to basket
Rising Tides
Added to basket
£9.99
Paperback
The Future
Added to basket
£12.99
Paperback
Power and Plenty
Added to basket
£40.00
Paperback
Soft Power
Added to basket
£9.99
Paperback
Globalization and Its Discontents
Added to basket
The Globalization Paradox
Added to basket
The World is Flat
Added to basket
1913
Added to basket
£10.99
Paperback
Fences and Windows
Added to basket
£11.99
Paperback

Reviews

Please sign in to write a review

Your review has been submitted successfully.