Overseas Development Council
The New Global Economy and Developing Countries: Making Openness Work
Key Metrics
- Dani Rodrik
- Overseas Development Council
- Paperback
- 9781565170278
- 9.2 X 6.06 X 0.47 inches
- 0.61 pounds
- Business & Economics > Development - Economic Development
- English
Secure TransactionBook Description
Policy makers in the developing world are grappling with new dilemmas created by openness to trade and capital flows. What role, if any, remains for the state in promoting industrialization? Does openness worsen inequality, and if so, what can be done about it? What is the best way to handle turbulence from the world economy, especially the fickleness of international capital flows?
In The New Global Economy and Developing Countries Dani Rodrik argues that successful integration into the world economy requires a complementary set of policies and institutions at home. Policy makers must reinforce their external strategy of liberalization with an internal strategy that gives the state substantial responsibility in building physical and human capital and mediating social conflicts.
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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