Dani Rodrik

  • TThere was a time when we economists steered clear of politics. We viewed our job as describing how market economies work, when they fail, and how well-designed policies can enhance efficiency. We analysed trade-offs between competing objectives and prescribed policies to meet desired economic ...

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  • T The world economy is entering a new phase, in which achieving global co-operation will become increasingly difficult. The United States and the European Union, now burdened by high debt and low growth - and therefore preoccupied with domestic concerns - are no longer able to set global rules and ...

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  • TAs if the economic ramifications of a full-blown Greek default were not terrifying enough, the political consequences could be far worse. A chaotic eurozone breakup would cause irreparable damage to the European integration project, the central pillar of Europes political stability since World War ...

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  • TThe $140-billion support package that the Greek government has finally received from its European Union partners and the International Monetary Fund (IMF) gives it the breathing space needed to undertake the difficult job of putting its finances in order. Deep down, the crisis is yet another ...

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  • TThe $140 billion support package that the Greek government has finally received from its EU partners and the IMF gives it the breathing space needed to undertake the difficult job of putting its finances in order. The package may or may not prevent Spain and Portugal from becoming undone in a ...

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