IDEAS home Printed from https://ideas.repec.org/a/oup/oxford/v37y2021i4p811-823..html
   My bibliography  Save this article

Communities, the state, and markets: the case for inclusive localism
[‘When Work Disappears: Manufacturing Decline and the Falling Marriage-market Value of Young Men’]

Author

Listed:
  • Raghuram Rajan

Abstract

Opportunities are maximized for all when society’s three pillars, the market, the state, and the community, are balanced. In recent years, technological change and globalization have led to an expansion of the market and the state at the expense of certain communities. The resulting disparities in opportunities have led to widespread dissatisfaction, which can be addressed effectively only by strengthening left-behind communities. New technological solutions combined with policies that encourage inclusive localism are needed to restore the balance to society.

Suggested Citation

  • Raghuram Rajan, 2021. "Communities, the state, and markets: the case for inclusive localism [‘When Work Disappears: Manufacturing Decline and the Falling Marriage-market Value of Young Men’]," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 37(4), pages 811-823.
    • Handle: RePEc:oup:oxford:v:37:y:2021:i:4:p:811-823.
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1093/oxrep/grab028
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:oup:oxford:v:37:y:2021:i:4:p:811-823.. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Oxford University Press (email available below). General contact details of provider: https://academic.oup.com/oxrep .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.