"Unlike national markets, which tend to be supported……" — Dani Rodrik

"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

2 Quotes by Dani Rodrik

Dani Rodrik has 2 quotes on this site. A few more worth reading:

See all 2 quotes by Dani Rodrik »

More Course Quotes

This quote is filed under Course Quotes, one of 7,273 quotes in that category. Here are a few more:

See all 7,273 Course Quotes »