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“[A]n intriguing book. . . . [Rodrik] argues that economists who agree in general about where countries should be going can conduct open and honest—and technical rather than ideological—debates about how to get there.”
—Alan Beattie, Financial Times
“This book is certainly among the best of the many works on development economics recently published. . . . One Economics, Many Recipes is also a model of how applied economics should be done.”
—John Kay, Prospect
“Rodrik has become known for emphasizing the importance of institutions, but he here makes clear that appropriate policies are also important and that effective institutions can take many forms.”
—Richard Cooper, Foreign Affairs
“Orthodoxies always need serious criticism. Rodrik has supplied it. He has no simple, single recipe for remedying deficient growth—just the eminently sensible advice that there is none—there are many.”
—Peter Sinclair, Times Higher Education
Some policymakers believe that globalization can help developing nations, but only if they follow a universal set of rules designed by organizations such as the World Bank and enforced by international investors and capital markets. Others oppose international regulations, arguing that developing nations do best when left alone. In ONE ECONOMICS, MANY RECIPES: Globalization, Institutions, and Economic Growth (Paper $18.95, 978-0-691-14117-6, February 11, 2009) leading economist Dani Rodrik argues that neither group has got it right. While economic globalization can be a boon for countries that are trying to dig 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. A definitive statement of Rodrik’s original and influential perspective on economic growth and globalization, ONE ECONOMICS, MANY RECIPES shows how successful countries craft their own strategies—and what other countries can learn from them.
About the Author:
Dani Rodrik is professor of international political economy at the John F. Kennedy School of Government at Harvard University. He was the recipient of the inaugural Albert O. Hirschman Prize from the Social Sciences Research Council, and is the author of Has Globalization Gone Too Far?
ONE ECONOMICS, MANY RECIPES
Globalization, Institutions, and Economic Growth
Dani Rodrik
Paper | $18.95 / £11.50 978-0-691-14117-6
280 pp. | 6 x 9 | 19 line illus. 16 tables.
Publication Date: February 11, 2009
www.press.princeton.edu
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