Question
. Dani Rodrik states: Differential mobility of factors of production produces a wide rangeof distribution effects that advantage capital and disadvantage labor. Discuss thisstatement in
. Dani Rodrik states: "Differential mobility of factors of production produces a wide rangeof distribution effects that advantage capital and disadvantage labor." Discuss thisstatement in the context of President Trump's policy towards NAFTA and China?
2. What do you think the US should have done when it opened its economy to importsfrom China, Mexico and other low-income countries to compensate dislocated workersin the USA?
3. "While national economies are linked in a variety of ways, the world economy is not aglobal commons and therefore does not need global governance in order to bemanaged effectively ......most failures in the world economy are rooted in failures ofdomestic governance (e.g., Great Depression, Financial crisis in 2008, Crisis inVenezuvela, etc). Therefore, the best fix for the global economy is better domesticgovernance." Discuss in the context of the present Pandemic?
4. What are your thoughts on the idea ofrebalancingpolicies towards global economicintegration in 3 areas? Why those three areas are critical?
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