The Globalization Paradox: Democracy and the Future of the World Economy
by Dani Rodrik
Dani Rodrik's The Globalization Paradox investigates the conflict between hyperglobalization and democratic politics. It argues that nations must reclaim policy space to address economic challenges while fostering sustainable global cooperation. The book provides a compelling case for rethinking the rules of the world economy to align with democratic imperatives.
About This Book
Dani Rodrik explores the challenges posed by globalization to democratic institutions and national sovereignty. The book delves into how economic policies must reconcile global markets with local democratic priorities.
Rodrik discusses the historical context of globalization and its impacts on economies worldwide. He highlights the need for innovative policy frameworks that prioritize social welfare alongside economic growth.
The analysis underscores the paradox where deeper integration often undermines the very democratic processes that legitimize economic decisions. Rodrik proposes ways to navigate this tension for a more equitable global order.
Through rigorous economic reasoning, the book offers insights into reforming international economic institutions to better serve democratic values.
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