Another nice review of The Globalization Paradox

This one comes from Bob Kuttner of The American Prospect.

[Rodrik’s] new book, The Globalization Paradox, is simply the best recent treatment of the globalization dilemma that I've read, by an economist or anyone else. The paradox of his title is the fact that markets need states, but states are weakened, perhaps fatally, as globalization advances. When they promote ever deeper globalization, economists undermine the very markets they cherish as well as the state's capacity to reflect the democratic wishes of its citizens.

… In this new volume, [Rodrik] gives us nothing less than a general theory of globalization, development, democracy, and the state. The book provides the pleasure of following a thoughtful, critical mind working through a complex puzzle. Rodrik writes in highly friendly and nontechnical prose, blending a wide-ranging knowledge of economic history and politics and a gentle, occasionally incredulous, skepticism about the narrow and distorting lens of his fellow economists.

Kuttner was similarly kind to Has Globalization Gone Too Far? -- my 1997 monograph which he had called one of the best books of the decade.  I have been always somewhat embarrassed by the strength of that endorsement, even though I must admit I have used it myself and have done little to prevent many a publicist from having a field day with it. 

Any book that Kuttner likes, you may fairly guess, should be hated by libertarians.  Judging by this, The Globalization Paradox certainly is.  (Anyone who thinks Singapore has a “one of the world’s smallest government,” by the way, hasn’t quite done his homework.  The country’s public sphere extends through a large range of institutions – from its Central Provident Fund, which any libertarian should think represents the height of coercion, to its sovereign wealth fund GIC – the bulk of the activities of which are not captured by budget statistics.) 

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"States are weakened, perhaps fatally, as globalization advances". If only. You obviously don't follow Latin American news too closely. Being from Latin America I wish international rules/globalization would constrain national govts.

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Correct me if I'm wrong, but doesn't Singapore's government also have a virtual monopoly on all land sales? I remember reading that somewhere... Oh, here it is:

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