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شد اقتصادی، نهادها و جهانی شدن: بررسی کتاب یک علم اقتصاد، تجویزهای بسیا
[Economic Growth, Institutions and Globalizationو A Critical Review on the Book One Economics, Many Recipe by Dani Rodrik]

Author

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  • Mirjalili, Seyed hossein

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.

Suggested Citation

  • Mirjalili, Seyed hossein, 2022. "شد اقتصادی، نهادها و جهانی شدن: بررسی کتاب یک علم اقتصاد، تجویزهای بسیا [Economic Growth, Institutions and Globalizationو A Critical Review on the Book One Economics, Many Recipe by Dani Rodrik]," MPRA Paper 125775, University Library of Munich, Germany, revised 28 May 2022.
    • Handle: RePEc:pra:mprapa:125775
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    References listed on IDEAS

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    1. Abolghasem Mahdavi & Hoora Majderezaee, 2012. "The Fundamental Impediments of Economic Growth in Iran: An H-R-V Model," Iranian Economic Review (IER), Faculty of Economics,University of Tehran.Tehran,Iran, vol. 17(1), pages 33-69, winter.
    2. Dani Rodrik, 2007. "Introductiion to One Economics, Many Recipes: Globalization, Institutions, and Economic Growth," Introductory Chapters, in: One Economics, Many Recipes: Globalization, Institutions, and Economic Growth, Princeton University Press.
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    JEL classification:

    • E02 - Macroeconomics and Monetary Economics - - General - - - Institutions and the Macroeconomy
    • E66 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - General Outlook and Conditions

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