Dani Rodrik

Dani Rodrik is Ford Foundation Professor of International Political Economy at Harvard's John F. Kennedy School of Government and President-Elect of the International Economic Association.

  • Combating Inequality

    Combating Inequality

    Rethinking Government's Role

    Olivier Blanchard and Dani Rodrik

    Leading economists and policymakers consider what economic tools are most effective in reversing the rise in inequality.

    Economic inequality is the defining issue of our time. In the United States, the wealth share of the top 1% has risen from 25% in the late 1970s to around 40% today. The percentage of children earning more than their parents has fallen from 90% in the 1940s to around 50% today. In Combating Inequality, leading economists, many of them current or former policymakers, bring good news: we have the tools to reverse the rise in inequality. In their discussions, they consider which of these tools are the most effective at doing so.

    The contributors express widespread agreement that we need to aim policies at economic inequality itself; deregulation and economic stimulus will not do the job. No longer does anyone ask, in relation to expanded social programs, “Can we pay for it?” And most believe that US taxes will have to rise—although they debate whether the progressivity should focus on the revenue side or the expenditure side, through broad-based taxes like the VAT or through a wealth tax aimed at the very top of the income scale. They also consider the philosophical aspects of inequality—whether it is bad in itself or because of its consequences; the risks and benefits of more radical interventions to change the nature of production and trade; and future policy directions.

    Contributors

    Daron Acemoglu, Philippe Aghion, Danielle Allen, Ben Ansell, David Autor, Sheri Berman, Marianne Bertrand, Olivier Blanchard, Lucas Chancel, William Darity Jr., Peter Diamond, Christian Dustmann, David T. Ellwood, Richard Freeman, Caroline Freund, Jason Furman, Hilary Hoynes, Lawrence F. Katz, Wojciech Kopczuk, N. Gregory Mankiw, Nolan McCarty, Dani Rodrik, Jesse Rothstein, Emmanuel Saez, T. M. Scanlon, Heidi Shierholz, Tharman Shanmugaratnam, Stefanie Stantcheva, Michael Stynes, Laura D'Andrea Tyson, Philippe Van Parijs, Gabriel Zucman

    • Hardcover $34.95
  • The Economics of Middle East Peace

    The Economics of Middle East Peace

    Views from the Region

    Stanley Fischer, Dani Rodrik, and Elias Tuma

    This landmark collection of essays addresses the question: Given peace in the Middle East, then what?

    This landmark collection of essays addresses the question: Given peace in the Middle East, then what? Focusing on the countries most immediately affected by the Arab-Israeli conflict, economists representing Egypt, Israel, Jordan, Lebanon, and the Occupied Territories offer differing perspectives on potential opportunities and difficulties and on the actions that would be required to redirect, rejuvenate, and sustain the economies of the region.

    The book opens with case studies of Egypt, Syria, Lebanon, Israel, Jordan, and the West Bank and Gaza Strip. It then examines overall regional issues such as the economic consequences of peace and the economic reforms needed to maximize peace dividends. Essays in the last part focus on the transition to peace and the future economic development of the Palestinian, Israeli, Jordanian, and other regional economies. Topics addressed include the relation of defense spending to the economy, the implications of a peace for trade across borders, the benefits of economic cooperation between Israelis and Palestinians, and the role of foreign aid in economic reconstruction in the Middle East.

    • Hardcover $68.00
    • Paperback $35.00

Contributor

  • Economics after Neoliberalism

    Economics after Neoliberalism

    Joshua Cohen

    How we can look beyond the tyranny of market logic in our public lives to reimagine the fundamentals of democracy.

    Bringing together thirty-two world-class economists, Economics After Neoliberalism offers a powerful case for a new brand of economics—one focused on power and inequality and aimed at a more inclusive society.

    Three prominent economists—Suresh Naidu, Dani Rodrik, and Gabriel Zucman—lead off with a vision for economic policy that stands as a genuine alternative to market fundamentalism. Contributors from across the spectrum expand on the state of creative ferment Naidu, Rodrik, and Zucman describe and offer new essays that challenge the current shape of markets and suggest more democratic alternatives.

    Contributors

    Samuel Bowles, Ethan Bueno de Mesquita, Oren Cass, William R. Easterly, Alice Evans, Amy Kapczynski, Robert Manduca, Suresh Naidu, Caleb Orr, Lenore Palladino, Margaret Peters, Corey Robin, Dani Rodrik, Debra Satz, Quinn Slobodian, Marshall Steinbaum, Arvind Subramanian, Gabriel Zucman.

    • Paperback $16.00
  • When Things Don't Fall Apart

    When Things Don't Fall Apart

    Global Financial Governance and Developmental Finance in an Age of Productive Incoherence

    Ilene Grabel

    An account of the significant though gradual, uneven, disconnected, ad hoc, and pragmatic innovations in global financial governance and developmental finance induced by the global financial crisis.

    The open access edition of this book was made possible by generous funding from Arcadia – a charitable fund of Lisbet Rausing and Peter Baldwin.

    In When Things Don't Fall Apart, Ilene Grabel challenges the dominant view that the global financial crisis had little effect on global financial governance and developmental finance. Most observers discount all but grand, systemic ruptures in institutions and policy. Grabel argues instead that the global crisis induced inconsistent and ad hoc discontinuities in global financial governance and developmental finance that are now having profound effects on emerging market and developing economies. Grabel's chief normative claim is that the resulting incoherence in global financial governance is productive rather than debilitating. In the age of productive incoherence, a more complex, dense, fragmented, and pluripolar form of global financial governance is expanding possibilities for policy and institutional experimentation, policy space for economic and human development, financial stability and resilience, and financial inclusion. Grabel draws on key theoretical commitments of Albert Hirschman to cement the case for the productivity of incoherence. Inspired by Hirschman, Grabel demonstrates that meaningful change often emerges from disconnected, erratic, experimental, and inconsistent adjustments in institutions and policies as actors pragmatically manage in an evolving world.

    Grabel substantiates her claims with empirically rich case studies that explore the effects of recent crises on networks of financial governance (such as the G-20); transformations within the IMF; institutional innovations in liquidity support and project finance from the national to the transregional levels; and the “rebranding” of capital controls. Grabel concludes with a careful examination of the opportunities and risks associated with the evolutionary transformations underway.

    • Hardcover $35.00
    • Paperback $28.00
  • In the Wake of the Crisis

    In the Wake of the Crisis

    Leading Economists Reassess Economic Policy

    Olivier Blanchard, David Romer, Michael Spence, and Joseph E. Stiglitz

    Prominent economists reconsider the fundamentals of economic policy for a post-crisis world.

    In 2011, the International Monetary Fund invited prominent economists and economic policymakers to consider the brave new world of the post-crisis global economy. The result is a book that captures the state of macroeconomic thinking at a transformational moment.

    The crisis and the weak recovery that has followed raise fundamental questions concerning macroeconomics and economic policy. These top economists discuss future directions for monetary policy, fiscal policy, financial regulation, capital-account management, growth strategies, the international monetary system, and the economic models that should underpin thinking about critical policy choices.

    Contributors Olivier Blanchard, Ricardo Caballero, Charles Collyns, Arminio Fraga, Már Guðmundsson, Sri Mulyani Indrawati, Otmar Issing, Olivier Jeanne, Rakesh Mohan, Maurice Obstfeld, José Antonio Ocampo, Guillermo Ortiz, Y. V. Reddy, Dani Rodrik, David Romer, Paul Romer, Andrew Sheng, Hyun Song Shin, Parthasarathi Shome, Robert Solow, Michael Spence, Joseph Stiglitz, Adair Turner

    • Hardcover $25.00
    • Paperback $15.00