رشد اقتصادی، نهادها و جهانی شدن: بررسی کتاب یک علم اقتصاد، تجویزهای بسیار

Economic Growth, Institutions and Globalizationو A Critical Review on the Book One Economics, Many Recipe by Dani Rodrik

Seyed Hossein Mirjalili

MPRA Paper from University Library of Munich, Germany

Abstract: Understanding the logic behind the success and failure in economic growth, and institutional and global arrangements is the subject of this book. Identifying growth’s binding constraints and the need for finding solutions for development issues according to the circumstances of countries is an alternative approach to this book on development. This paper aims at evaluating “One Economics, Many Recipe” in presenting an initiative for economic growth and development. Analytical-descriptive method is used in reviewing the book and conducting methodological assessment. The results indicated the advantages and challenges of the arguments put forwarded by the book. Among the advantages is the consideration of each country's circumstances in growth policy, the lack of one size fits all for economic policies for development, challenging the universalism of neoclassical teachings, the distinction between ignition of growth and its sustainability, and questioning of the exaggerating in the benefits of trade liberalization. Among the challenges are using the prescription on the title of the translated book, problems in implementing the growth diagnostic method, utilizing qualitative methods instead of quantitative in growth diagnosis in practice, neglecting policies and measures for the second stage in growth sustainability, and methodological assessment of growth diagnosis.

Keywords: Economic Development; Globalization; Institutions; Economic Growth; Second Best. (search for similar items in EconPapers)
JEL-codes: E02 E66 (search for similar items in EconPapers)
Date: 2022-03-19, Revised 2022-05-28
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Published in Critical Studies in Texts and Programs of Human Sciences 105.22(2022): pp. 133-154

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