The Globalization Paradox: Democracy and the Future of the World Economy
Dani Rodrik's The Globalization Paradox is one of the most challenging books on globalisation to have appeared recently - and there have been many books! In this book, quoting from Steven Pearlstein's review in the Washington Post,1 Professor Rodrik addressed the following questions, among others: "What if most of the benefits of the free flow of goods and capital across borders have already been realized, and that any gains from additional globalization will be outweighed by the additional costs in terms of unemployment, reduced wages, lost pensions and depopulated communities. What if global markets, to be widely beneficial, require the kind of global governance structure that does not yet exist and that most people would oppose? What if it turns out that the countries to have benefited most from free-market globalization are not those that have embraced it wholeheartedly, but those that have adopted parts of it selectively?"..