The Globalization Paradox, by Dani Rodrik

FratBro23
Category:
Political Science
Price: $30 USD

Question description

                        

  • In what ways is globalization  controversial, according to  Rodrik? What benefits might  derive from globalization  (and who benefits)? What  costs are there and who bears  most of those costs?

With taking those points into considerqation

Benefits of Globalization
Larger market/greater efficiencies.
Comparative Advantage: If it is cheaper for us
to have someone else make a certain good, we should let them do it.
Promotion of innovation. 
Beneficiaries are the high skilled and
mobile. 

 

Costs of Globalization.  
A race to the bottom on: environment and labor
conditions (wages, child labor, safety, etc.).· 
Dislocation of labor (the innovation noted above
leaves some behind.  
Undermines social welfare state.  · 
Problems of “global democracy.” 

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