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Straight Talk on Trade - Ideas for a Sane World Economy (Hardcover)
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Straight Talk on Trade - Ideas for a Sane World Economy (Hardcover)
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An honest discussion of free trade and how nations can sensibly
chart a path forward in today's global economyNot so long ago the
nation-state seemed to be on its deathbed, condemned to irrelevance
by the forces of globalization and technology. Now it is back with
a vengeance, propelled by a groundswell of populists around the
world. In Straight Talk on Trade, Dani Rodrik, an early and
outspoken critic of economic globalization taken too far, goes
beyond the populist backlash and offers a more reasoned explanation
for why our elites' and technocrats' obsession with
hyper-globalization made it more difficult for nations to achieve
legitimate economic and social objectives at home: economic
prosperity, financial stability, and equity.Rodrik takes
globalization's cheerleaders to task, not for emphasizing economics
over other values, but for practicing bad economics and ignoring
the discipline's own nuances that should have called for caution.
He makes a case for a pluralist world economy where nation-states
retain sufficient autonomy to fashion their own social contracts
and develop economic strategies tailored to their needs. Rather
than calling for closed borders or defending protectionists, Rodrik
shows how we can restore a sensible balance between national and
global governance. Ranging over the recent experiences of advanced
countries, the eurozone, and developing nations, Rodrik charts a
way forward with new ideas about how to reconcile today's
inequitable economic and technological trends with liberal
democracy and social inclusion.Deftly navigating the tensions among
globalization, national sovereignty, and democracy, Straight Talk
on Trade presents an indispensable commentary on today's world
economy and its dilemmas, and offers a visionary framework at a
critical time when we need it most.
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