Dani Rodrik is an award-winning economist who is known for his views in the areas of economic development, international economics and political economy. His studies mainly concentrate on determining beneficial economic policies and discerning why such policies are better implemented by some governments and not others.
Rodrik was born on 14th August, 1957, in Istanbul, Turkey, to a Jewish family. After doing his initial studies locally from Robert College, he went abroad to the United States to obtain a A.B. (summa cum laude) from Harvard College. After achieving this feat, Rodrik went on to complete his Masters in Public Administration and post doctorate in economics, both from Princeton University.
Rodrik has made a name for himself in the realm of written publications via his unorthodox approach to scrutinizing issues concerning globalization and development. In 1997, Rodrik published one of his flagship works, ‘Has Globalization Gone Too far’. He analyzed the complex relationship between social stability and the global market in this book, pointing out three primary factors which fuel ‘tension’ between the two. The book drew in considerable critical acclaim, and was hailed by Business Week as ‘one of the most important books of the decade’.
Among his other publications include the book, One Economics, Many Recipes: Globalization, Institutions, and Economic Growth. Rodrik stays true to his cognitive roots here as he explores the creation of various strategies by governments to stimulate growth and development in their respective states. The book goes on to highlight how such tactics emerge successful for governments especially given their country’s own resource constraints. Nobel prize winner and one of the heavyweights in the field, George Akerlof, commended Rodrik for giving direction and guidance to policy makers via this book in devising more articulate and maintainable development schemes. One Economics was also hailed by Robert Shiller, an economist at Yale University, for its deep insight.
In his written works, Dani Rodrik also advocates policy creation in a manner in which the link between state’s regulation practices and its sociopolitical culture is managed in a more effective way. His latest work, ‘The Globalization Paradox’ presents new arguments which drift from the mainstream notions regarding globalization. Rodrik claims that it is impossible for a country to achieve all three goals of economic globalization, democracy and national self-determination at once.
Rodrik’s written exploits have extended to journalism as well. His articles have been frequently cited in leading magazines and journals such as the American Economic Review, Journal of Political Economy and the Journal of International Economics. He has also served as the editor of the Review of Economics and Statistics. Besides contributing in writing, Dani Rodrik also boasts a reputation of a proficient political economist, as entailed by his experience in serving numerous governments and international organizations in an advisory capacity.
In 2007, Rodrik was the recipient of the very first Albert O. Hirschman Prize of the Social Science Research Council. His research endeavors have managed to attract grants from organizations such as the Carnegie Corporation, Ford Foundation, and Rockefeller Foundation. Over the course of his elaborate career, he has also had the experience of working in collaboration with the National Bureau of Economic Research, Centre for Economic Policy Research (London), and the Center for Global Development.
Dani Rodrik is currently a professor at Princeton University, holding the title of Albert O. Hirschman Professor of Social Science. His teaching experience is not limited to Princeton however, as he was also a professor at Harvard University in the past where he was honored as the Rafiq Hariri Professor of International Political Economy.