Dani Rodrik
Dani Rodrik, Professor of International Political Economy at Harvard University, is the author of The Globalization Paradox: Democracy and the Future of the World Economy.
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2012-01-13
| Too much global political capital nowadays is wasted on harmonizing policies that don't need it, and not enough is spent on harmonizing those that do. Over-ambitious and misdirected efforts at global governance will not serve us well at a time when global leadership and cooperation are bound to remain in limited supply.... read |
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2011-12-12
| Early last month, a group of students staged a walkout in Harvard’s popular introductory economics course. The problem is that, while economists know that they must carefully hedge their assertions when talking to each other, they feel no such compunction when addressing the public – or newcomers to the discipline.... read |
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2011-11-22
| Under Prime Minister Recep Tayyip Erdoğan’s rule, Turkey has emerged as a regional power. But, whereas the country was once a beacon of democracy in a region accustomed to autocrats, it now looks like it is heading towards authoritarianism at home and adventurism abroad.... read |
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2011-11-09
| The economic ramifications of a full-blown Greek default are terrifying, but the political consequences could be far worse. A chaotic eurozone breakup would destabilize not only the highly-indebted European periphery, but also core countries like France and Germany.... read |
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2011-10-11
| Free-market enthusiasts’ place in the history of economic thought will remain secure. But thinkers like Milton Friedman leave an ambiguous and puzzling legacy, because it is the interventionists who have succeeded in economic history, where it really matters.... read |
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2011-09-12
| Greedy banks, bad economic ideas, incompetent politicians: there is no shortage of culprits for the economic crisis in which rich countries are engulfed. But when future generations place our leaders in historical perspective, they will most likely reproach them, above all, for their lack of institutional imagination.... read |
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2011-08-10
| We may live in a post-industrial age, in which information technologies, biotech, and high-value services have become drivers of economic growth. But countries ignore the health of their manufacturing industries at their peril.... read |
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2011-07-25
| Greater convergence in the post-crisis global economy – a narrowing of the income gap between rich and poor countries – appears inevitable. But a large reversal in these countries' fortunes seems neither economically likely, nor politically feasible.... read |
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2011-07-21
| In a Hollywood courtroom drama, you know that the hero, set up by the bad guys, will eventually be cleared – but not before the noose tightens around his neck. If Turkey’s ongoing political-military trials ever find their way to the screen, there will be no shortage of such denouements.... read |
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Will Greece Make It?
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Dani Rodrik
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Greece has bought some time with a new package of financial support, but it remains to be seen whether the Greek government's promise of souped-up austerity policies will be politically acceptable and sustainable. History suggests some grounds for skepticism.... read
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2009-03-11
| As the world economy tumbles off the edge of a precipice, critics of the economics profession are raising questions about its complicity in the current crisis. Rightly so: economists have plenty to answer for.... read |
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2010-01-12
| Americans and Europeans blithely assume that China will become more like them as its economy develops and its population gets richer. But a world order centered on China will reflect Chinese values rather than Western ones - that is, if China can continue its rapid economic growth and maintain its social cohesion and political unity. ... read |
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2011-10-11
| Free-market enthusiasts’ place in the history of economic thought will remain secure. But thinkers like Milton Friedman leave an ambiguous and puzzling legacy, because it is the interventionists who have succeeded in economic history, where it really matters.... read |
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2010-04-12
| Industrial policy is back, openly embraced by governments in countries like Britain and France, and by prestigious organizations like the Word Bank and McKinsey. The standard rap against industrial policy – that governments cannot pick winners – is largely irrelevant: what determines success in industrial policy is the much less demanding capacity to let losers go.... read |
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2011-02-09
| If Tunisia’s Zine El Abidine Ben Ali or Egypt's Hosni Mubarak were hoping for political popularity as a reward for economic gains, they must have been sorely disappointed. Their people have just sent a sobering message to China and other authoritarian regimes around the world: don’t count on economic progress to keep you in power forever.... read |
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2011-12-12
| Early last month, a group of students staged a walkout in Harvard’s popular introductory economics course. The problem is that, while economists know that they must carefully hedge their assertions when talking to each other, they feel no such compunction when addressing the public – or newcomers to the discipline.... read |
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2008-07-11
| There was a time when world leaders could comfort themselves with the thought that opposition to globalization consisted of violent anarchists, self-serving protectionists, trade unionists, and ignorant, if idealistic youth. But what makes news nowadays is the growing list of mainstream economists who are questioning globalization’s supposedly unmitigated virtues. ... read |
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2008-03-13
| Is globalization mainly a force for good, enabling poor nations to lift themselves up from poverty, or does it create vast opportunities only for a small minority? To answer these questions, look no farther than soccer. ... read |
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2008-10-10
| Perhaps it is futile to look for the single cause without which America's financial system would not have blown up. There were so many contributing factors that this may have been a case of a “perfect storm,” a rare failure that required a large number of stars to be in alignment simultaneously.... read |