Dani Rodrik Quotes About Inefficiency

We have collected for you the TOP of Dani Rodrik's best quotes about Inefficiency! Here are collected all the quotes about Inefficiency starting from the birthday of the Economist – August 14, 1957! We hope you will be inspired to new achievements with our constantly updated collection of quotes. At the moment, this page contains 1 sayings of Dani Rodrik about Inefficiency. We will be happy if you share our collection of quotes with your friends on social networks!
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  • Unlike national markets, which tend to be supported by domestic regulatory and political institutions, global markets are only 'weakly embedded'. There is no global lender of last resort, no global safety net, and of course, no global democracy. In other words, global markets suffer from weak governance, and are therefore prone to instability, inefficiency, and weak popular legitimacy.

    Dani Rodrik (2012). “The Globalization Paradox: Why Global Markets, States, and Democracy Can't Coexist”, p.13, OUP Oxford
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