One Economics, Many Recipes: Globalization, Institutions, and Economic Growth

One Economics, Many Recipes: Globalization, Institutions, and Economic Growth

by Dani Rodrik
Pub. Date:
Princeton University Press
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One Economics, Many Recipes: Globalization, Institutions, and Economic Growth

Some policymakers believe that globalization can help developing nations, but only if they follow a universal set of rules designed by organizations such as the World Bank and enforced by international investors and capital markets. Others oppose international regulations, arguing that developing nations do best when left alone. In One Economics, Many Recipes, leading economist Dani Rodrik argues that neither group has 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 strategies-and what other countries can learn from them.

Product Details

ISBN-13: 9780691129518
Publisher: Princeton University Press
Publication date: 09/24/2007
Pages: 280
Product dimensions: 6.22(w) x 9.26(h) x 0.91(d)

Table of Contents

Acknowledgments ix

Introduction 1

Part A Economic Growth

1 Fifty Years of Growth (and Lack Thereof): An Interpretation 13

2 Growth Diagnostics 56

3 Synthesis: A Practical Approach to Growth Strategies 85

Part B Institutions

4 Industrial Policy for the Twenty-first Century 99

5 Institutions for High-Quality Growth 153

6 Getting Institutions Right 184

Part C Globalization

7 Governance of Economic Globalization 195

8 The Global Governance of Trade As If Development Really Mattered 213

9 Globalization for Whom? 237

References 243

Index 257

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