Globalisation is only good if social, economic needs can be tended to at national level Title: The Globalization Paradox: Democracy and the future of the world economy Author: Dani Rodrik Publisher: WWW Norton
EVEN economics has its own narratives. Many of them are complex, counter intuitive and at times indecipherable. Yet, there is one so simple and promising a fad that anyone questioning its validity will be forlorn and frowned on. This narrative makes individuals rich, and enriches a nation, provided, that is, it opens all its doors to globalisation, liberalises its trade, reduces tariffs, lifts barriers, embraces liberalised capitalism, and restricts government intervention. Sounds like a potent and viable path to economic growth as well as salvation. Don't you agree? Author of this book urges you not to.