Straight Talk on Trade: Ideas for a Sane World Economy

Amazon.com Price: $28.98 (as of 11/10/2019 05:36 PST- Details)

Categories: Books, Business and Money, Development and Growth, Economic Conditions, Economics, Foreign and International Law, Globalization, International, International and World Politics, Law, Political Economy, Politics and Government, Politics and Social Sciences, Specific Topics, Subjects, Trades and Tariffs

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An honest discussion of free trade and how nations can sensibly chart a path forward in today’s global economy

Not see you later ago the nation-state appeared to be on its deathbed, condemned to irrelevance by the forces of globalization and technology. Now it is back with a vengeance, propelled by a groundswell of populists world wide. In Straight Talk on Trade, Dani Rodrik, an early and outspoken critic of economic globalization taken too far, goes beyond the populist backlash and offers a more reasoned explanation for why our elites’ and technocrats’ obsession with hyper-globalization made it more difficult for nations to succeed in legitimate economic and social objectives at home: economic prosperity, financial stability, and equity.

Rodrik takes globalization’s cheerleaders to task, not for emphasizing economics over other values, but for practicing bad economics and ignoring the discipline’s own nuances that are supposed to have referred to as for caution. He makes a case for a pluralist world economy where nation-states retain sufficient autonomy to fashion their own social contracts and develop economic strategies tailored to their needs. Moderately than calling for closed borders or defending protectionists, Rodrik shows how we will restore a sensible balance between national and global governance. Ranging over the latest experiences of advanced countries, the eurozone, and developing nations, Rodrik charts a way forward with new ideas about how to reconcile today’s inequitable economic and technological trends with liberal democracy and social inclusion.

Deftly navigating the tensions among globalization, national sovereignty, and democracy, Straight Talk on Trade presents an indispensable remark on today’s world economy and its dilemmas, and offers a visionary framework at a critical time when we need it most.

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