Princeton University Press
One Economics, Many Recipes: Globalization, Institutions, and Economic Growth
Key Metrics
- Dani Rodrik
- Princeton University Press
- Paperback
- 9780691141176
- 9 X 6 X 0.8 inches
- 0.85 pounds
- Business & Economics > Development - Economic Development
- English
Secure TransactionBook Description
In One Economics, Many Recipes, leading economist Dani Rodrik argues that neither globalizers nor antiglobalizers have got it right. While economic globalization can be a boon for countries that are trying to dig out of poverty, success usually requires following policies that are tailored to local economic and political realities rather than obeying the dictates of the international globalization establishment. A definitive statement of Rodrik's original and influential perspective on economic growth and globalization, One Economics, Many Recipes shows how successful countries craft their own unique strategies--and what other countries can learn from them.
To most proglobalizers, globalization is a source of economic salvation for developing nations, and to fully benefit from it nations must follow a universal set of rules designed by organizations such as the World Bank, the International Monetary Fund, and the World Trade Organization and enforced by international investors and capital markets. But to most antiglobalizers, such global rules spell nothing but trouble, and the more poor nations shield themselves from them, the better off they are. Rodrik rejects the simplifications of both sides, showing that poor countries get rich not by copying what Washington technocrats preach or what others have done, but by overcoming their own highly specific constraints. And, far from conflicting with economic science, this is exactly what good economics teaches.
Author Bio
Dani Rodrik is the Ford Foundation Professor of International Political Economy at Harvard's John F. Kennedy School of Government. He rejoined the Kennedy School in July 2015 after two years at the Institute for Advanced Study as the Albert O. Hirschman Professor in the School of Social Science. He is a co-director of the Economics for Inclusive Prosperity (EfIP) network and president of the International Economic Association. He is affiliated with the National Bureau of Economic Research and the Centre for Economic Policy Research (London) among other research organizations.
Professor Rodrik's research focuses on globalization, economic growth and development, and political economy. He is the recipient of numerous awards, including the inaugural Albert O. Hirschman Prize of the Social Science Research Council and the Princess of Asturias Award for Social Sciences. He was included in Prospect magazine's World's Top 50 Thinkers list (2019) and in Politico magazine's 50 list (2017). His work has been profiled in The Harvard Magazine, Finance & Development, Harvard Kennedy School Magazine, The Chronicle of Higher Education, and the New York Times.
Professor Rodrik is the author of Straight Talk on Trade: Ideas for a Sane World Economy (2017). The book was awarded the George S. Eccles Prize for Excellence in Economic Writing by the Columbia Business School in 2019. He is also the author of Economics Rules: The Rights and Wrongs of the Dismal Science (2015) and The Globalization Paradox: Democracy and the Future of the World Economy (2011). His articles have been published in the American Economic Review, Quarterly Journal of Economics, Journal of Political Economy, Economic Journal, Journal of Economic Growth, Journal of International Economics, Journal of Development Economics, and other academic journals.
His previous books include One Economics, Many Recipes: Globalization, Institutions, and Economic Growth (2007), The New Global Economy and Developing Countries: Making Openness Work (1999), and Has Globalization Gone Too Far? (1997). Professor Rodrik's monthly columns on global affairs are published by Project Syndicate.
Professor Rodrik holds a Ph.D. in economics and an MPA from Princeton University, and an A.B. from Harvard College.
Source: Harvard University
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