Book review: India and China have prospered because of their sophisticated take on globalization, but Latin America has fallen victim to its downsides

摘要

For a century, economists have driven forward the cause of globalization in financial institutions, labour markets, and trade. Yet there have been consistent warning signs that a global economy and free trade might not always be advantageous. Where are the pressure points? What could be done about them? Kate Saffin finds that Dani Rodrik’s latest book represents another valuable contribution to future debate and research on globalization and the financial crisis. ududThe Globalization Paradox: Why Global Markets, States, and Democracy Can’t Coexist. Dani Rodrik. Oxford University Press. March 2011.