'The Globalization Paradox'. Reflections and Findings from Dani Rodrik’s Work.

Open Review of Management, Banking and Finance (2019)

9 Pages Posted: 11 Jun 2019 Last revised: 17 Jun 2019

See all articles by Francesco Capriglione

Francesco Capriglione

Università degli Studi Guglielmo Marconi

Date Written: October 11, 2018

Abstract

The research focus on the relevant socio-political implications connected to the significative changes of the global economic situation produced by such phenomenon need to be verified. In this regard, the analysis of the relationship between market globalization and political institutions carried out by Dani Rodrik appears to be crucial.

The concrete solutions seek to guarantee democratic accountability by limiting the negative impact of the phenomenon under exam in relation to the possibility for each nation to autonomously determine its own way for development and well-being. Rodrik suggests the well-known «trilemma of the world economy», according to which the impossibility of simultaneously pursuing democracy, national self-determination and economic globalisation must induce countries to make choices.

An intelligent globalisation must allow the pursuit of the return of power to national democracies in such a way that a more solid basis for the world economy is guaranteed, by the implementation of a restrictive revision of international rules, in order to leave adequate operating space to national governments.

Keywords: globalization

Suggested Citation

Capriglione, Francesco, 'The Globalization Paradox'. Reflections and Findings from Dani Rodrik’s Work. (October 11, 2018). Open Review of Management, Banking and Finance (2019), Available at SSRN: https://ssrn.com/abstract=3394459

Francesco Capriglione (Contact Author)

Università degli Studi Guglielmo Marconi ( email )

Via Plinio 44
Rome, RM 00100
Italy

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