Starting with trade monopolies in the 17th century empires to modern Institutes of the WTO, the IMF and the World Bank, the countries of the world used various tools to benefit from the process of globalization. Economic narratives of these eras – the gold standard, the Bretton Wood regime, the “Washington consensus” – were a great success and at the same time great failure. Disputing the generally accepted ideas about globalization, Dani Rodrik offers a new narrative, which indicates an unleasable contradiction: we cannot simultaneously have democracy, the national state and economic globalization. When the social mechanisms of democracy inevitably encounter the requirements of globalization, national interests should come to the fore. Combining fascinating historical excursions with deep economic analysis, the author advocates limiting globalization using international rules that allow you to answer the global challenges that we are faced with today …
Author
Rodrik Dani
Editor
Popova Elena
Translator
Edelman Nikolay Valerianovich
Publisher
Publishing House of the Gaidar Institute, 2014
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