Dani Rodrik

The globalization trilemma, formulated by Dani Rodrik, states that a country cannot simultaneously have deep international economic integration, national sovereignty, and democratic politics. He argues that nations can only choose two of these three components. If a country integrates deeply, it must either restrict democracy or surrender national sovereignty.

Dani Rodrik argues that pushing for unrestrained, "hyper-globalization" undermines domestic labor standards, local institutions, and democratic processes. In his book "The Globalization Paradox," he advocates for a "smart globalization" instead. This approach allows nations to maintain regulatory autonomy over their markets while still pursuing moderate international trade.

Dani Rodrik is a Turkish economist who currently holds a joint appointment at Harvard University. He is the Ford Foundation Professor of International Political Economy at the Harvard Kennedy School. He previously taught at the Institute for Advanced Study in Princeton.

Yes, in his 1997 book "Has Globalization Gone Too Far?", Rodrik accurately predicted that unrestrained trade without adequate domestic safety nets would lead to severe social backlash. His research highlights how hyper-globalization exacerbates economic inequality within developed nations. He warned that this disparity would eventually fuel political populism.