One Economics, Many Recipes: Globalization, Institutions, and Economic Growth by Dani RodrikOne Economics, Many Recipes: Globalization, Institutions, and Economic Growth by Dani Rodrik

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

byDani Rodrik

Paperback | January 18, 2009

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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.

Dani Rodrik is professor of international political economy at the John F. Kennedy School of Government at Harvard University. He was the recipient of the inaugural Albert O. Hirschman Prize from the Social Sciences Research Council, and is the author of Making Openness Work: The New Global Economy and the Developing Countries and Has...
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Title:One Economics, Many Recipes: Globalization, Institutions, and Economic GrowthFormat:PaperbackDimensions:280 pagesPublished:January 18, 2009Publisher:Princeton University PressLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0691141177

ISBN - 13:9780691141176

Reviews

Rated 4 out of 5 by from Rodrik's expertise is near unaparalleled One of the leading experts in his field, Rodrik does an excellent job deciphering globalisation, when the term started to enter the West's vernacular. Still a great book for referencing for an undergrad.
Date published: 2018-05-03

Table of Contents

Acknowledgments ix

Introduction 1





PART A: ECONOMIC GROWTH





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

Chapter 2. Growth Diagnostics 56

Chapter 3. Synthesis: A Practical Approach to Growth Strategies 85





PART B: INSTITUTIONS





Chapter 4. Industrial Policy for the Twenty-first Century 99

Chapter 5. Institutions for High-Quality Growth 153

Chapter 6. Getting Institutions Right 184




PART C: GLOBALIZATION





Chapter 7. Governance of Economic Globalization 195

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

Chapter 9. Globalization for Whom? 237




References 243
Index 257

Editorial Reviews

"In this important book, we have an author (Dani Rodrik) whose views are eminently worth hearing and a subject (globalization) in constant need of hearing them. Rodrik has long been a passionate but nuanced thinker on the role of 'economic fundamentals' in shaping growth. He resolutely uses the tools and methods of economics even as he arrives at conclusions that often do not square with what orthodox economics might prescribe or want to hear."-Michael Woolcock, the World Bank