Rodrik trilemma
E541658
The Rodrik trilemma is an economic and political theory proposing that democracy, national sovereignty, and deep economic globalization cannot all be fully achieved at the same time, forcing countries to trade off among them.
All labels observed (1)
| Label | Occurrences |
|---|---|
| Rodrik trilemma canonical | 1 |
How this entity was disambiguated
This entity first appeared as the object of triple T5712271 — resolving that mention is where its identity was fixed. The disambiguator weighed these candidate entities and picked the highlighted one (or “None”, minting a new entity). This is how homonymy is resolved: the same surface form can point to different entities.
Target entity: Rodrik trilemma Context triple: [Dani Rodrik, notableIdea, Rodrik trilemma]
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A.
Mundell-Fleming model
The Mundell-Fleming model is a macroeconomic framework that analyzes how monetary and fiscal policy affect output and exchange rates in an open economy with international capital flows.
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B.
Ricardian equivalence
Ricardian equivalence is an economic theory proposing that consumers anticipate future taxes implied by government borrowing and therefore adjust their saving so that deficit-financed tax cuts do not affect overall demand.
-
C.
Laffer curve
The Laffer curve is an economic theory that illustrates the relationship between tax rates and government revenue, suggesting that beyond a certain point higher tax rates reduce total revenue by discouraging work and investment.
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D.
Washington Consensus
The Washington Consensus is a set of market-oriented economic policy prescriptions—emphasizing liberalization, privatization, and fiscal discipline—promoted by institutions like the IMF and World Bank for developing countries from the late 20th century onward.
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E.
Kaldor growth model
The Kaldor growth model is a post-Keynesian economic framework that explains long-run economic growth through the interaction of capital accumulation, income distribution, and demand-driven dynamics.
- F. None of above. chosen
- G. Unsure - the case is ambiguous/there is not enough information to decide.
Target entity: Rodrik trilemma Target entity description: The Rodrik trilemma is an economic and political theory proposing that democracy, national sovereignty, and deep economic globalization cannot all be fully achieved at the same time, forcing countries to trade off among them.
-
A.
Mundell-Fleming model
The Mundell-Fleming model is a macroeconomic framework that analyzes how monetary and fiscal policy affect output and exchange rates in an open economy with international capital flows.
-
B.
Ricardian equivalence
Ricardian equivalence is an economic theory proposing that consumers anticipate future taxes implied by government borrowing and therefore adjust their saving so that deficit-financed tax cuts do not affect overall demand.
-
C.
Laffer curve
The Laffer curve is an economic theory that illustrates the relationship between tax rates and government revenue, suggesting that beyond a certain point higher tax rates reduce total revenue by discouraging work and investment.
-
D.
Washington Consensus
The Washington Consensus is a set of market-oriented economic policy prescriptions—emphasizing liberalization, privatization, and fiscal discipline—promoted by institutions like the IMF and World Bank for developing countries from the late 20th century onward.
-
E.
Kaldor growth model
The Kaldor growth model is a post-Keynesian economic framework that explains long-run economic growth through the interaction of capital accumulation, income distribution, and demand-driven dynamics.
- F. None of above. chosen
Statements (48)
| Predicate | Object |
|---|---|
| instanceOf |
economic theory
ⓘ
political theory ⓘ trilemma ⓘ |
| alsoKnownAs | political trilemma of the world economy NERFINISHED ⓘ |
| analyticalLevel | macro-level ⓘ |
| assumption |
deep economic integration constrains domestic policy autonomy
ⓘ
democratic politics requires policy responsiveness to domestic preferences ⓘ national sovereignty implies ultimate authority at the nation-state level ⓘ |
| constraintType | mutual incompatibility of three goals ⓘ |
| coreConcept |
deep economic globalization
ⓘ
democracy ⓘ national sovereignty ⓘ |
| critiquedBy | some economists and political scientists ⓘ |
| debateTopic |
compatibility of globalization and democracy
ⓘ
limits of national policy autonomy under globalization ⓘ |
| exampleConfiguration |
authoritarian national sovereignty with deep globalization
ⓘ
globalization with weakened national sovereignty and constrained democracy ⓘ nation-state democracy with limited globalization ⓘ |
| field |
globalization studies
ⓘ
international economics ⓘ political economy ⓘ |
| focus |
institutional design under globalization
ⓘ
trade-offs in the world economy ⓘ |
| geographicalScope | global ⓘ |
| implication | countries must trade off between democracy, national sovereignty, and deep economic globalization ⓘ |
| incompatibleCombination | full democracy + full national sovereignty + deep economic globalization ⓘ |
| influencedDiscussionOf |
European monetary union
NERFINISHED
ⓘ
World Trade Organization reforms ⓘ global trade agreements ⓘ globalization backlash ⓘ |
| inspiredBy | Mundell–Fleming trilemma NERFINISHED ⓘ |
| mainClaim | democracy, national sovereignty, and deep economic globalization cannot all be fully achieved simultaneously ⓘ |
| maximallyCompatibleGoals | any two of democracy, national sovereignty, and deep economic globalization ⓘ |
| namedAfter | Dani Rodrik NERFINISHED ⓘ |
| policyRelevance |
European Union governance
ⓘ
design of international economic institutions ⓘ monetary integration ⓘ trade policy ⓘ |
| proposedBy | Dani Rodrik NERFINISHED ⓘ |
| publicationContext | The Globalization Paradox NERFINISHED ⓘ |
| publicationYear | 2011 ⓘ |
| relatedConcept |
democratic legitimacy
ⓘ
economic integration ⓘ global governance ⓘ nationalism ⓘ sovereignty pooling ⓘ |
| status | widely cited in debates on globalization and democracy ⓘ |
| usesConcept | impossible trinity structure ⓘ |
How these facts were elicited
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Subject: Rodrik trilemma Description of subject: The Rodrik trilemma is an economic and political theory proposing that democracy, national sovereignty, and deep economic globalization cannot all be fully achieved at the same time, forcing countries to trade off among them.
Referenced by (1)
Full triples — surface form annotated when it differs from this entity's canonical label.