Feasible Globalizations

Dani Rodrik

Working Paper Series from Harvard University, John F. Kennedy School of Government

Abstract: The nation-state system, democratic politics, and full economic integration are mutually incompatible. Of the three, at most two can be had together. The Bretton Woods/GATT regime was successful because its architects subjugated international economic integration to the needs and demands of national economic management and democratic politics. A renewed "Bretton-Woods compromise" would preserve some limits on integration, while crafting better global rules to handle the integration that can be achieved. Among "feasible globalizations," the most promising is a multilaterally negotiated visa scheme that allows expanded (but temporary) entry into the advanced nations of a mix of skilled and unskilled workers from developing nations. Such a scheme would likely create income gains that are larger than all of the items on the WTO negotiating agenda taken together, even if it resulted in a relatively small increase in cross-border labor flows.

Date: 2002-07
References: Add references at CitEc
Citations: View citations in EconPapers (31)

Downloads: (external link)
https://research.hks.harvard.edu/publications/getFile.aspx?Id=46

Related works:
Working Paper: Feasible Globalizations (2002)
Working Paper: Feasible Globalizations (2002)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ecl:harjfk:rwp02-029

Access Statistics for this paper

More papers in Working Paper Series from Harvard University, John F. Kennedy School of Government Contact information at EDIRC.
Bibliographic data for series maintained by ().