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/ The \ J \ I Globalization \ Paradox &

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Why Global Markets, States, and Democracy Can't Coexist

Dani Rodrik

OXPORD
UNIVERSITY PRESS

CONTENTS

INTRODUCTION:

Recasting Globalization's Narrative

ix 3

1. Of Markets and States: Globalization in History's Mirror 2. The Rise and Fall of the First Great Globalization 3. Why Doesn't Everyone Get the Case for Free Trade? 24 47

4. Bretton Woods, GATT, and the WTO: Trade in a Politicized World 5. Financial Globalization Follies 89 112

67

6. The Foxes and Hedgehogs of Finance 7. Poor Countries in a Rich World 135

8. Trade Fundamentalism in the Tropics

159 184 207

9. The Political Trilemma of the World Economy 10. Is Global Governance Feasible? Is It Desirable? 11. Designing Capitalism 3-0 12. A Sane Globalization
AFTERWORD: NOTES 285 319

233 251 281

A Bedtime Story for Grown-ups

ACKNOWLEDGMENTS INDEX 321

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