Martin Sandbu of the Financial Times has a very thoughtful discussion of my globalization trilemma, as it applies to Brexit among other things. Sandbu argues that “thinking critically about Rodrik’s trilemma should lead us to more optimistic conclusions.” I largely agree with Sandbu’s points, but I thought it would be useful to state some of my reactions in the interest of clarifying the issues. H
Abstract:The nation-state has long been under attack from liberal economists and cosmopolitan ethicists alike. But it has proved remarkably resilient and remains the principal locus of governance as well as the primary determinant of personal attachments and identity. The global financial crisis has further under- scored its centrality. Against the background of the globalization revolution, the t
As most of the world knew it would, the financial demands made by Europe have crushed the Greek economy, led to mass unemployment, a collapse of the banking system, made the external debt crisis far worse, with the debt problem escalating to an unpayable 175 percent of GDP. The economy now lies broken with tax receipts nose-diving, output and employment depressed, and businesses starved of capital
グローバリゼーション・パラドクス: 世界経済の未来を決める三つの道 作者: ダニロドリック,柴山桂太,大川良文出版社/メーカー: 白水社発売日: 2013/12/20メディア: 単行本この商品を含むブログ (16件) を見る『グローバリゼーション・パラドクス』について、いろいろな方面から反響があり大変ありがたく思っております。 この本の核となる概念は、世界経済のトリレンマと呼ばれるものです。 今日は、ロドリックが(恐らく)はじめてこの概念について述べた論文から世界経済のトリレンマとは何かについて説明していきたいと思います。 "How Far Will International Economic Intergration Go?" Jounrnal of Economic Perspective Vol.14, pp.177-186 この論文では、次の3つは同時に成り立たないとされています
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