Dani Rodrik: Globalization's Wrong Turn: What's wrong with globalization, and can it be fixed?

To fix globalization, we need to understand where we took a wrong turn. In this lecture, Professor Dani Rodrik explored the shift to what he calls “hyperglobalization” that took place during the 1990s and why it was based on a faulty understanding of how markets work. He outlined an alternative perspective for a policy agenda that is more consistent with inclusive prosperity at home while preserving multilateralism abroad. The Cadario Visiting Lecture in Public Policy is possible because of the generous support of Paul Cadario, Distinguished Fellow, Munk School of Global Affairs & Public Policy.

Speaker bio:

Dani Rodrik is the Ford Foundation Professor of International Political Economy at Harvard's John F. Kennedy School of Government. He rejoined the Kennedy School in July 2015 after two years at the Institute for Advanced Study as the Albert O. Hirschman Professor in the School of Social Science. An internationally renowned and award-winning economist, his research covers globalization, economic growth and development, and political economy. He is currently President-Elect of the International Economic Association. His newest book is Straight Talk on Trade: Ideas for a Sane World Economy (Princeton University Press; 2017). He is also the author of Economics Rules: The Rights and Wrongs of the Dismal Science (W.W. Norton, 2015) and The Globalization Paradox: Democracy and the Future of the World Economy ((W.W. Norton, 2011). Professor Rodrik's monthly columns on global affairs appear on Project Syndicate. He holds a Ph.D. in economics and an MPA from Princeton University, and an A.B. from Harvard College.