Description |
xxii, 346 pages ; 25 cm |
Bibliography |
Includes bibliographical references (pages 285-317) and index. |
Contents |
Recasting globalization's narrative -- Of markets and states : globalization in history's mirror -- The rise and fall of the first great globalization -- Why doesn't everyone get the case for free trade? -- Bretton Woods, GATT, and the WTO : trade in a politicized world -- Financial globalization follies -- The foxes and hedgehogs of finance -- Poor countries in a rich world -- Trade fundamentalism in the tropics -- The political trilemma of the world economy -- Is global governance feasible? Is it desirable? -- Designing capitalism -- A sane globalization -- A bedtime story for grown-ups. |
Summary |
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. |
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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. |
Subject |
Globalization -- Economic aspects.
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International economic integration.
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International economic relations.
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Mondialisation.
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Relations économiques internationales.
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Organisations financières internationales.
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Démocratie.
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Etat.
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Gouvernance mondiale.
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Globalization -- Economic aspects.
(OCoLC)fst00943533
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International economic integration. (OCoLC)fst00976879
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International economic relations. (OCoLC)fst00976891
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Globalization -- Economic aspects.
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International economic relations.
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Added Title |
Democracy and the future of the world economy |
ISBN |
9780393071610 (hbk.) |
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0393071618 |
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9780393341287 (pbk.) |
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0393341283 (pbk.) |
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