Dani Rodrik

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Books by Dani Rodrik

The Globalization Paradox: Democracy and the Future of the World Economy, W.W. Norton, New York and London, 2011, forthcoming.

Surveying three centuries of economic history, a Harvard professor argues for a leaner global system that puts national democracies front and center.

From the mercantile monopolies of seventeenth-century empires to the modern-day authority of the WTO, IMF, and World Bank, the nations of the world have struggled to effectively harness globalization's promise. The economic narratives that underpinned these eras—the gold standard, the Bretton Woods regime, the "Washington Consensus"—brought great success and great failure. In this eloquent challenge to the reigning wisdom on globalization, Dani Rodrik offers a new narrative, one that embraces an ineluctable tension: we cannot simultaneously pursue democracy, national self-determination, and economic globalization. When the social arrangements of democracies inevitably clash with the international demands of globalization, national priorities should take precedence. Combining history with insight, humor with good-natured critique, Rodrik's case for a customizable globalization supported by a light frame of international rules shows the way to a balanced prosperity as we confront today's global challenges in trade, finance, and labor markets.

Balyoz : Bir Darbe Kurgusunun Belgeleri ve Gerçekler, Destek Yayinevi, Istanbul, December 2010.

Written in Turkish with my wife Pinar Dogan, this book covers the most important political trial in Turkey in at least five decades, which opened in December 2010. It is based on our blog on the topic. Balyoz is a legal and political exposé. It details a brazen effort to frame nearly 200 officers for crimes they have not committed. It documents the roles that groups within the judiciary, police, media, intelligentsia, the national science and technological institute, and (last but not least), the AKP government have played in creating what can best be called an “alternative reality.” (Balyoz means “sledgehammer” in Turkish; it refers to the code name of the fictional coup plot on which the book is based.) This is a book I never thought I would (have to) write.

Handbook of Development Economics, Volume 5, (Handbooks in Economics). Edited by Dani Rodrik and Mark R. Rosenzweig. North-Holland, Amsterdam, 2010.

This is the new edition of the Handbook of Development Economics. Compared to previous versions, it focuses more on policy questions. The Handbooks in Economics series continues to provide the various branches of economics with handbooks which are definitive reference sources, suitable for use by professional researchers, advanced graduate students, or by those seeking a teaching supplement.With contributions from leading researchers, each Handbook presents an accurate, self-contained survey of the current state of the topic under examination. These surveys summarize the most recent discussions in journals, and elucidate new developments.Although original material is also included, the main aim of this series is the provision of comprehensive and accessible surveys.The Handbooks are indispensable reference works which belong in every professional collection, and form ideal supplementary reading for graduate economics students on advanced courses.

Development Economics Book

One Economics, Many Recipes: Globalization, Institutions, and Economic Growth. Princeton University Press, Princeton, NJ.

Poor countries become rich not by following in suit of their predecessors but rather by overcoming their own highly specific constraints.

While economic globalization can be a boon for countries that are trying to dig themselves 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. One Economics, Many Recipes shows how successful countries craft their own unique growth strategies and what other countries can learn from them. - Princeton University Press

Nations et mondialisation: Les stratégies nationales de développement dans un monde globalise. Editions la Découverte, Paris, France, 2008.

Près de vingt ans après la mise en œuvre du « consensus de Washington » (1990), quel bilan peut-on tirer de la « bonne gouvernance » que les grandes institutions éco-nomiques internationales ont tenté d’imposer aux pays du Sud ? Et quels enseigne-ments sur la mondialisation se dégagent des trajectoires contrastées qu’affichent les continents en développement ? Contre toute attente, les pays qui ont le plus bénéficié de la globalisation sont ceux qui, comme la Chine, l’Inde ou le Vietnam, ont le moins respecté ses règles. En comparaison, l’Amérique latine, qui s’était conformée aux principes de l’orthodoxie économique, n’a enregistré que de mauvais résultats. Ce n’est donc pas la libéralisation en soi qui permet le succès économique, mais les stra-tégies pragmatiques adoptées par les gouvernements, tenant compte des mutations in-dispensables mais aussi des caractéristiques nationales. En rapprochant les évolutions réelles des théories dominantes sur la croissance et le développement, Dani Rodrik insiste sur la nécessité de faire rapidement évoluer les paradigmes de la mondialisation. Selon lui, il ne s’agit plus de libéraliser davantage, mais de créer dans chaque pays l’espace politique permettant de traiter les problèmes que pose l’ouverture. Ce premier ouvrage traduit en français de cet économiste à la renommée internationale réunit quatre essais (dont deux études de cas, Inde et Améri-que latine), indispensables pour comprendre l’articulation entre développement et mondialisation.

Integrating the Americas: FTAA and Beyond. Edited by Antoni Estevadeordal, Dani Rodrik, Alan M. Taylor, and Andres Velasco. Harvard University Press, 2004.

Where Latin American government leaders once looked at free trade agreements as solely about trade and trading policies, they are increasingly viewing them as the next beacon of hope in the long and arduous road of economic reform. Integrating the Americas: FTAA and Beyond discusses how these governments have become embroiled in a larger set of issues affecting both institutions. This work, based on a conference sponsored by the Inter-American Development Bank and the David Rockefeller Center for Latin American Studies, examines how this free trade process is surging ahead, while at the same time taking on a broader set of issues including institutional reform, transparency, the environment, labor, and social cohesion. The payoffs to the strategy of liberalization, privatization, and openness have been meager and disappointing to date. Will the FTAA be able to reverse this and allow Latin America to reap the benefits of globalization? - Harvard University Press

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In Search of Prosperity: Analytic Narratives on Economic Growth. Edited and with an introduction by Dani Rodrik. Princeton University Press, 2003.

The economics of growth has come a long way since it regained center stage for economists in the mid-1980s. Here for the first time is a series of country studies guided by that research. The thirteen essays, by leading economists, shed light on some of the most important growth puzzles of our time. How did China grow so rapidly despite the absence of full-fledged private property rights? What happened in India after the early 1980s to more than double its growth rate? How did Botswana and Mauritius avoid the problems that other countries in Sub-Saharan Africa succumbed to? How did Indonesia manage to grow over three decades despite weak institutions and distorted microeconomic policies and why did it suffer such a collapse after 1997?

What emerges from this collective effort is a deeper understanding of the centrality of institutions. Economies that have performed well over the long term owe their success not to geography or trade, but to institutions that have generated market-oriented incentives, protected property rights, and enabled stability. However, these narratives warn against a cookie-cutter approach to institution building.

The contributors are Daron Acemoglu, Maite Careaga, Gregory Clark, J. Bradford DeLong, William Easterly, Ricardo Hausmann, Simon Johnson, Daniel Kaufmann, Massimo Mastruzzi, Ian W. McLean, Georges de Menil, Lant Pritchett, Yingyi Qian, James A. Robinson, Devesh Roy, Arvind Subramanian, Alan M. Taylor, Jonathan Temple, Barry R. Weingast, Susan Wolcott, and Diego Zavaleta.

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Making Openness Work: The New Global Economy and the Developing Countries. Overseas Development Council, Washington, DC, 1999.

Policy makers in the developing world are grappling with the new dilemmas created by openness to trade and capital flows. What role, if any, remains for the state in promoting industrialization? Does openness exacerbate inequality, and if so what can be done about it? What is the best way to handle turbulence emanating from the world economy, and the fickleness of international capital flows in particular? This book argues that successful integration in the world economy requires a complementary set of policies and institutions at home. Policy makers have to reinforce their external strategy of liberalization with an internal strategy that gives the state substantial responsibility in fostering the accumulation of physical and human capital and in mediating social conflicts. - Excerpted from abstract

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Has Globalization Gone Too Far? Institute for International Economics, Washington, DC, 1997.

"The world economy faces a serious challenge in ensuring that international economic integration does not contribute to domestic social disintegration. The book focuses on the three major sources of tension between globalization and social stability: the transformation of the employment relationship, conflicts between international trade and social norms, and the pressures brought to bear on national governments in maintaining domestic cohesion and social welfare systems." -Institute for International Economics

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