RT Book, Whole DB /z-wcorg/ DS http://worldcat.org ID 601107542 LA English T1 The globalization paradox : democracy and the future of the world economy A1 Rodrik, Dani., PB W. W. Norton & Co. PP New York; London YR 2011 SN 9780393071610 0393071618 9780393341287 0393341283 AB Discusses how democracy and national self-determination cannot be pursued simultaneously with economic globalization and instead promotes customizable globalization with international rules to achieve balanced prosperity. 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.