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Has Globalization Gone Too Far?, by Dani Rodrik
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Globalization is exposing social fissures between those with the education, skills, and mobility to flourish in an unfettered world market―the apparent "winners"―and those without. These apparent "losers" are increasingly anxious about their standards of living and their precarious place in an integrated world economy. The result is severe tension between the market and broad sectors of society, with governments caught in the middle. Compounding the very real problems that need to be addressed by all involved, the knee-jerk rhetoric of both sides threatens to crowd out rational debate. From the United States to Europe to Asia, positions are hardening.
Dani Rodrik brings a clear and reasoned voice to these questions. Has Globalization Gone Too Far? takes an unblinking and objective look at the benefits―and risks―of international economic integration, and criticizes mainstream economists for downplaying its dangers. It also makes a unique and persuasive case that the "winners" have as much at stake from the possible consequences of social instability as the "losers." As Rodrik points out, "... social disintegration is not a spectator sport―those on the sidelines also get splashed with mud from the field. Ultimately, the deepening of social fissures can harm all."
President Clinton read the book and it provided the conceptual basis for the trade/IMF portions of his State of the Union message in January 1998.
- Sales Rank: #2370738 in Books
- Brand: Brand: Institute for International Economics
- Published on: 1997-03
- Original language: English
- Number of items: 1
- Dimensions: 9.50" h x 6.50" w x .50" l,
- Binding: Hardcover
- 107 pages
- Used Book in Good Condition
Review
[A] fascinating piece of work, and much the best thing I've seen so far on the subject... the bottom line is: the IIE strikes again, with the right study at the right time. [The Institute's] record on topicality and quality truly is amazing.
(Clive Crook The Economist)This provocative and interesting study promises to make a significant contribution to the on-going debate... one must commend him for presenting a fresh, creative, and clearly-argued approach to the relevant issues... essential reading.
(Susan M. Collins, The Brookings Institution) About the Author
Dani Rodrik is a Turkish economist and Ford Foundation Professor of International Political Economy at the John F. Kennedy School of Government at Harvard University. He was formerly the Albert O. Hirschman Professor of the Social Sciences at the Institute for Advanced Study in Princeton, New Jersey. He has published widely in the areas of international economics, economic development, and political economy. The question of what constitutes good economic policy and why some governments are more successful than others at adopting it, is at the center of his research. His works include Economic Rules: The Rights and Wrongs of the Dismal Science and The Globalization Paradox: Democracy and the Future of the World Economy. He is also joint editor-in-chief of the academic journal Global Policy.
Most helpful customer reviews
2 of 3 people found the following review helpful.
Top notch look at Gloablziation from a fresh perspective
By Lehigh History Student
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.
0 of 0 people found the following review helpful.
Three Stars
By msangel2
Purchased for a faculty member and I received no complaints.
2 of 6 people found the following review helpful.
Disappointing
By Dirk J. Willard
I have to admit that I only read the first 20 pages before giving up.
This book appears to be a think-tank product richly supported by business to answer a question which they are too prejudiced to answer honestly.
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