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Dani Rodrik Quotes:

Dani Rodrik quotes

Ocupation: Economist

Life: b. August 14, 1957

Birthday: August 14

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Unlike national markets, which tend to be supported by domestic regulatory and political institutions, global markets are only 'weakly embedded'. There is no global lender of last resort, no global safety net, and of course, no global democracy. In other words, global markets suffer from weak governance, and are therefore prone to instability, inefficiency, and weak popular legitimacy.

source: - Dani Rodrik (2012). “The Globalization Paradox: Why Global Markets, States, and Democracy Can't Coexist”, p.13, OUP Oxford

Topics: Safety, Political, Suffering, Political Institutions, Lenders

quote what determines success in industrial policy is not the ability to pick winners but dani rodrik Quotes

What determines success in industrial policy is not the ability to pick winners but the capacity to let the losers go.

Topics: Loser, Winner, Capacity

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