Rodrik D, Stantcheva S.
Economic Inequality and Insecurity: Policies for an Inclusive Economy.; 2021.
PDFReport Prepared for Commission Chaired by Olivier Blanchard and Jean Tirole on Major Future Economic Challenges, Republic of France
Rodrik D, Walt S.
How to Construct a New Global Order. 2021.
Abstract
The global political-economic order is in flux. It is unclear what will replace the U.S-centric post-1990s “liberal” order and whether competition with China can be managed successfully. We advance a set of principles for the construction of a stable and broadly beneficial world order that does not require significant commonality in interests and values among states. In particular, we propose a “meta-regime” that presumes only minimal initial agreement among the major powers. The meta-regime is a device for structuring a conversation around the relevant issues, and facilitating either agreement or accommodation, as the case may be. It is agnostic and open-ended about the specific rules to be applied in particular issue-areas. Even where agreement proves impossible, as will often be the case, the objective of the meta-regime is to enhance communication among the parties and clarify the reasons for the disagreement, and to incentivize states to avoid inflicting unnecessary harm on others as they act autonomously. Participating in this meta-regime would impose few constraints on states that want to maintain their freedom of action. Yet in favorable circumstances, it could facilitate significant cooperation. It could also encourage increased cooperation over time even among adversaries, as participation in the meta-regime builds trust between them. We illustrate the practical implications of the meta-regime by applying it to U.S.-China digital competition, U.S.-Iran relations, human rights, and global migration.
PDFRevised, May 2021
Rodrik D, Stantcheva S.
A Policy Matrix for Inclusive Prosperity. Economics for Inclusive Prosperity. 2021;Policy Brief No. 30.
PDF Rodrik D, Blanchard O ed.
Combating Inequality: Rethinking Government's Role. Cambridge, MA: MIT Press; 2021.
Why Does Globalization Fuel Populism? Economics, Culture, and the Rise of Right-Wing Populism. Annual Review of Economics. 2021;13 :133-70.
AbstractThere is compelling evidence that globalization shocks, often working through culture and identity, have played an important role in driving up support for populist movements, particularly of the right-wing kind. I start with an empirical analysis of the 2016 presidential election in the United States to show globalization-related attitudinal variables were important correlates of the switch to Trump. I then provide a conceptual framework that identifies four distinct channels through which globalization can stimulate populism, two each on the demand and supply sides of politics. I evaluate the empirical literature with the help of this framework, discussing trade, financial globalization, and immigration separately. I conclude the review by discussing some apparently anomalous cases where populists have been against, rather than in favor of, trade protection.
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