Book Report

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Recommended: Impact of globalisation on society

The book “The Globalization Paradox” is a very recent book written by the very important Professor Dani Rodrik. In the field of International Economics and more specifically globalization, Dani Rodrik is a very recognizable name in the field. His resume list out the following: currently teaches at the University of Princeton and has taught in many well-known institutions in the past. Furthermore, he is also best know for his earlier book that was released in 1997 and has made big contribution to the field of economics. The book “Has Globalization Gone Too Far?” focused on the three tensions between the international market and stability in society. In this book, he claimed that globalization has a paradox of promoting international equality while showing how there is a distinctive line between those nations who succeeds and those who doesn’t creating the tensions. After a decade, Rodrik has released his newest book yet called “The Globalization Paradox” just like his previous work on “Has Globalization Gone Too Far” Rodrik again discusses issues of globalization and its effects on the world.

Although Rodrik has used his previous works and books to further continue present his knowledge about the subject. The book “The Globalization Paradox” has taken the ideas and arguments from his previous and has produced a newer view of globalization while also looking at the recent global financial crisis and how it has produced a rapid domino effect around the world. Rodrik mentions in the book that the crisis was predictable and this was because academics and economists alike were too blind because they believed in their own invented knowledge of how markets are self-regulating and efficient system.

It is evidently shown throughout the...

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...o read about Rodrik’s proposal for the changes in temporary foreign worker and is very applicable to Canada’s situation with the matter. Furthermore, the dynamic of illegal immigrants and foreign workers is a very interesting case and is something that I would research more into. A final problem I had with Rodrik’s analysis and interpretation is the use of politics being a factor in globalization. It felt politics was very little covered by the writer and thought since politic greatly dictates economic roles, it should have been considered much more. But in the end, “the Globalization Paradox” many not cover everything and do not contain all the answer, importantly his ideas are very applicable to different situations and settings. Just lie his previous works; he has made another huge contribution to the future research of globalization and international economics.

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