Why Globalization Works

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Why Globalization Works

Author : Martin Wolf
Publisher : Yale University Press
ISBN 13 : 0300251734
Total Pages : 690 pages
Book Rating : 4.3/5 (2 download)

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Book Synopsis Why Globalization Works by : Martin Wolf

Download or read book Why Globalization Works written by Martin Wolf and published by Yale University Press. This book was released on 2005-06-10 with total page 690 pages. Available in PDF, EPUB and Kindle. Book excerpt: A powerful case for the global market economy The debate on globalization has reached a level of intensity that inhibits comprehension and obscures the issues. In this book a highly distinguished international economist scrupulously explains how globalization works as a concept and how it operates in reality. Martin Wolf confronts the charges against globalization, delivers a devastating critique of each, and offers a realistic scenario for economic internationalism in the future. Wolf begins by outlining the history of the global economy in the twentieth century and explaining the mechanics of world trade. He dissects the agenda of globalization’s critics, and rebuts the arguments that it undermines sovereignty, weakens democracy, intensifies inequality, privileges the multinational corporation, and devastates the environment. The author persuasively defends the principles of international economic integration, arguing that the biggest obstacle to global economic progress has been the failure not of the market but of politics and government, in rich countries as well as poor. He examines the threat that terrorism poses and maps the way to a global market economy that can work for everyone.

How Globalization Works

Author : Laura La Bella
Publisher : The Rosen Publishing Group, Inc
ISBN 13 : 1435853237
Total Pages : 82 pages
Book Rating : 4.4/5 (358 download)

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Book Synopsis How Globalization Works by : Laura La Bella

Download or read book How Globalization Works written by Laura La Bella and published by The Rosen Publishing Group, Inc. This book was released on 2009-08-15 with total page 82 pages. Available in PDF, EPUB and Kindle. Book excerpt: Explains what globalization is, what caused it, what the effects are, what mechanisms triggered those causes.

Why Globalization Works for America

Author : Edward Goldberg
Publisher : U of Nebraska Press
ISBN 13 : 1640123458
Total Pages : 192 pages
Book Rating : 4.6/5 (41 download)

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Book Synopsis Why Globalization Works for America by : Edward Goldberg

Download or read book Why Globalization Works for America written by Edward Goldberg and published by U of Nebraska Press. This book was released on 2020-07 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: Blue-collar job loss, immigration, trade deficits—Americans blame globalization for a host of problems. Indeed, even in a political system split by fundamental divisions, populists and progressives alike belong to a chorus that decries globalization’s effects on our politics, way of life, and interactions with the world. Yet the United States is the biggest beneficiary of the global economy it has helped to create. Edward Goldberg argues that globalization is the economic and cultural version of evolution, a natural process that pushes people into more efficient behavior influenced by the market and our human need to explore, change, and grow. Properly implemented, it propels cultures and societies forward as one new idea challenges or blends into another. Harmful nationalist policies have arisen because Americans do not equally share globalization’s benefits, a situation made worse by the government’s refusal to implement policies that would mitigate the rampant inequalities. A bold challenge to popular opinion, Why Globalization Works for America offers a historically informed analysis of why we should celebrate globalization’s place in our lives.

Globalization and Its Discontents

Author : Joseph E. Stiglitz
Publisher : W. W. Norton & Company
ISBN 13 : 0393071073
Total Pages : 304 pages
Book Rating : 4.3/5 (93 download)

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Book Synopsis Globalization and Its Discontents by : Joseph E. Stiglitz

Download or read book Globalization and Its Discontents written by Joseph E. Stiglitz and published by W. W. Norton & Company. This book was released on 2003-04-17 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: This powerful, unsettling book gives us a rare glimpse behind the closed doors of global financial institutions by the winner of the 2001 Nobel Prize in Economics. When it was first published, this national bestseller quickly became a touchstone in the globalization debate. Renowned economist and Nobel Prize winner Joseph E. Stiglitz had a ringside seat for most of the major economic events of the last decade, including stints as chairman of the Council of Economic Advisers and chief economist at the World Bank. Particularly concerned with the plight of the developing nations, he became increasingly disillusioned as he saw the International Monetary Fund and other major institutions put the interests of Wall Street and the financial community ahead of the poorer nations. Those seeking to understand why globalization has engendered the hostility of protesters in Seattle and Genoa will find the reasons here. While this book includes no simple formula on how to make globalization work, Stiglitz provides a reform agenda that will provoke debate for years to come. Rarely do we get such an insider's analysis of the major institutions of globalization as in this penetrating book. With a new foreword for this paperback edition.

Globalization and Poverty

Author : Ann Harrison
Publisher : University of Chicago Press
ISBN 13 : 0226318001
Total Pages : 675 pages
Book Rating : 4.2/5 (263 download)

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Book Synopsis Globalization and Poverty by : Ann Harrison

Download or read book Globalization and Poverty written by Ann Harrison and published by University of Chicago Press. This book was released on 2007-11-01 with total page 675 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the past two decades, the percentage of the world’s population living on less than a dollar a day has been cut in half. How much of that improvement is because of—or in spite of—globalization? While anti-globalization activists mount loud critiques and the media report breathlessly on globalization’s perils and promises, economists have largely remained silent, in part because of an entrenched institutional divide between those who study poverty and those who study trade and finance. Globalization and Poverty bridges that gap, bringing together experts on both international trade and poverty to provide a detailed view of the effects of globalization on the poor in developing nations, answering such questions as: Do lower import tariffs improve the lives of the poor? Has increased financial integration led to more or less poverty? How have the poor fared during various currency crises? Does food aid hurt or help the poor? Poverty, the contributors show here, has been used as a popular and convenient catchphrase by parties on both sides of the globalization debate to further their respective arguments. Globalization and Poverty provides the more nuanced understanding necessary to move that debate beyond the slogans.

The Globalization Paradox

Author : Dani Rodrik
Publisher : Oxford University Press
ISBN 13 : 0199603332
Total Pages : 369 pages
Book Rating : 4.1/5 (996 download)

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Book Synopsis The Globalization Paradox by : Dani Rodrik

Download or read book The Globalization Paradox written by Dani Rodrik and published by Oxford University Press. This book was released on 2011-03-24 with total page 369 pages. Available in PDF, EPUB and Kindle. Book excerpt: For a century, economists have driven forward the cause of globalization in financial institutions, labour markets, and trade. Yet there have been consistent warning signs that a global economy and free trade might not always be advantageous. Where are the pressure points? What could be done about them?Dani Rodrik examines the back-story from its seventeenth-century origins through the milestones of the gold standard, the Bretton Woods Agreement, and the Washington Consensus, to the present day. Although economic globalization has enabled unprecedented levels of prosperity in advanced countries and has been a boon to hundreds of millions of poor workers in China and elsewhere in Asia, it is a concept that rests on shaky pillars, he contends. Its long-term sustainability is not a given.The heart of Rodrik>'s argument is a fundamental 'trilemma': that we cannot simultaneously pursue democracy, national self-determination, and economic globalization. Give too much power to governments, and you have protectionism. Give markets too much freedom, and you have an unstable world economy with little social and political support from those it is supposed to help. Rodrik argues for smart globalization, not maximum globalization.

In Defense of Globalization

Author : Jagdish Bhagwati
Publisher : Oxford University Press
ISBN 13 : 0199838968
Total Pages : 346 pages
Book Rating : 4.1/5 (998 download)

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Book Synopsis In Defense of Globalization by : Jagdish Bhagwati

Download or read book In Defense of Globalization written by Jagdish Bhagwati and published by Oxford University Press. This book was released on 2007-09-04 with total page 346 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the passionate debate that currently rages over globalization, critics have been heard blaming it for a host of ills afflicting poorer nations, everything from child labor to environmental degradation and cultural homogenization. Now Jagdish Bhagwati, the internationally renowned economist, takes on the critics, revealing that globalization, when properly governed, is in fact the most powerful force for social good in the world today. Drawing on his unparalleled knowledge of international and development economics, Bhagwati explains why the "gotcha" examples of the critics are often not as compelling as they seem. With the wit and wisdom for which he is renowned, Bhagwati convincingly shows that globalization is part of the solution, not part of the problem. This edition features a new afterword by the author, in which he counters recent writings by prominent journalist Thomas Friedman and the Nobel Laureate economist Paul Samuelson and argues that current anxieties about the economic implications of globalization are just as unfounded as were the concerns about its social effects.

Saving Globalization

Author : Mike Moore
Publisher : John Wiley & Sons
ISBN 13 : 1118179315
Total Pages : 357 pages
Book Rating : 4.1/5 (181 download)

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Book Synopsis Saving Globalization by : Mike Moore

Download or read book Saving Globalization written by Mike Moore and published by John Wiley & Sons. This book was released on 2011-11-09 with total page 357 pages. Available in PDF, EPUB and Kindle. Book excerpt: Globalization is not new, nor is it a policy, it’s a process that has existed as long as man looked over the horizon, travelled and traded. It can’t be stopped but it can be slowed. It came to a grinding halt in August 1914 and the Marxist detour cost millions of lives and lost three generations their opportunity and hope in many countries. More wealth has been created in the past 60 years than in all of history. After the most successful decade of sustained economic growth in history, this progress is threatened. Extreme inequality, corruption and environmental degradation threaten the stability and legitimacy of many developing countries’ regimes. Anti-globalization and anti-capitalist campaigners’ confidence has been emboldened due to the present economic crisis. Protectionist rhetoric is growing as are the arguments to control and regulate markets. Leaders are meeting to discuss how to face these problems and create a new international architecture. How did we get to this position? What should we do? What is it that determines why some contemporary states are successful while others have failed? Saving Globalization departs from its analysis of the globalised economy in the twenty-first century to answer these question by tracing the development of what Moore considers to be ‘the big ideas of history’: democracy, independent courts, the separation of church and state, property rights, independent courts, a professional civil service, and civil society. Democratic capitalism has worked for most people. Why? It is a remarkable story, from the Greeks to the Geeks, encompassing technological progress and the corrections and contradictions between liberty and equality, technology, growth and the environment. In defence of the many virtues and opportunities that globalisation offers, Mike Moore makes the case for a fresh and new approach to our international Institutions and for domestic policies that promote equity and fairness. The book controversially attacks the new enemies of reason and evidence. The threats now come from all sides, especially workers in developed countries who fear for their jobs. Mike Moore is a political practitioner turned theoretician.

Making Globalization Work

Author : Joseph E. Stiglitz
Publisher : W. W. Norton & Company
ISBN 13 : 9780393066203
Total Pages : 400 pages
Book Rating : 4.0/5 (662 download)

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Book Synopsis Making Globalization Work by : Joseph E. Stiglitz

Download or read book Making Globalization Work written by Joseph E. Stiglitz and published by W. W. Norton & Company. This book was released on 2007-09-17 with total page 400 pages. Available in PDF, EPUB and Kindle. Book excerpt: "A damning denunciation of things as they are, and a platform for how we can do better."—Andrew Leonard, Salon Building on the international bestseller Globalization and Its Discontents, Joseph E. Stiglitz offers here an agenda of inventive solutions to our most pressing economic, social, and environmental challenges, with each proposal guided by the fundamental insight that economic globalization continues to outpace both the political structures and the moral sensitivity required to ensure a just and sustainable world. As economic interdependence continues to gather the peoples of the world into a single community, it brings with it the need to think and act globally. This trenchant, intellectually powerful, and inspiring book is an invaluable step in that process.

The Globalization Paradox

Author : Dani Rodrik
Publisher : OUP Oxford
ISBN 13 : 0191634255
Total Pages : 368 pages
Book Rating : 4.1/5 (916 download)

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Book Synopsis The Globalization Paradox by : Dani Rodrik

Download or read book The Globalization Paradox written by Dani Rodrik and published by OUP Oxford. This book was released on 2012-05-17 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt: For a century, economists have driven forward the cause of globalization in financial institutions, labour markets, and trade. Yet there have been consistent warning signs that a global economy and free trade might not always be advantageous. Where are the pressure points? What could be done about them? Dani Rodrik examines the back-story from its seventeenth-century origins through the milestones of the gold standard, the Bretton Woods Agreement, and the Washington Consensus, to the present day. Although economic globalization has enabled unprecedented levels of prosperity in advanced countries and has been a boon to hundreds of millions of poor workers in China and elsewhere in Asia, it is a concept that rests on shaky pillars, he contends. Its long-term sustainability is not a given. The heart of Rodrik’s argument is a fundamental 'trilemma': that we cannot simultaneously pursue democracy, national self-determination, and economic globalization. Give too much power to governments, and you have protectionism. Give markets too much freedom, and you have an unstable world economy with little social and political support from those it is supposed to help. Rodrik argues for smart globalization, not maximum globalization.

Has Globalization Gone Too Far?

Author : Dani Rodrik
Publisher : Peterson Institute
ISBN 13 : 0881325252
Total Pages : 121 pages
Book Rating : 4.8/5 (813 download)

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Book Synopsis Has Globalization Gone Too Far? by : Dani Rodrik

Download or read book Has Globalization Gone Too Far? written by Dani Rodrik and published by Peterson Institute. This book was released on 1997 with total page 121 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Shifts and the Shocks

Author : Martin Wolf
Publisher : Penguin
ISBN 13 : 1101608447
Total Pages : 528 pages
Book Rating : 4.1/5 (16 download)

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Book Synopsis The Shifts and the Shocks by : Martin Wolf

Download or read book The Shifts and the Shocks written by Martin Wolf and published by Penguin. This book was released on 2014-09-11 with total page 528 pages. Available in PDF, EPUB and Kindle. Book excerpt: From the chief economic commentator for the Financial Times—a brilliant tour d’horizon of the new global economy There have been many books that have sought to explain the causes and courses of the financial and economic crisis that began in 2007. The Shifts and the Shocks is not another detailed history of the crisis but is the most persuasive and complete account yet published of what the crisis should teach us about modern economies and economics. Written with all the intellectual command and trenchant judgment that have made Martin Wolf one of the world’s most influential economic commentators, The Shifts and the Shocks matches impressive analysis with no-holds-barred criticism and persuasive prescription for a more stable future. It is a book no one with an interest in global affairs will want to neglect.

Why Your World Is About to Get a Whole Lot Smaller

Author : Jeff Rubin
Publisher : Random House Canada
ISBN 13 : 0307373207
Total Pages : 306 pages
Book Rating : 4.3/5 (73 download)

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Book Synopsis Why Your World Is About to Get a Whole Lot Smaller by : Jeff Rubin

Download or read book Why Your World Is About to Get a Whole Lot Smaller written by Jeff Rubin and published by Random House Canada. This book was released on 2009-05-22 with total page 306 pages. Available in PDF, EPUB and Kindle. Book excerpt: What do subprime mortgages, Atlantic salmon dinners, SUVs and globalization have in common? They all depend on cheap oil. And in a world of dwindling oil supplies and steadily mounting demand around the world, there is no such thing as cheap oil. Oil might be less expensive in the middle of a recession, but it will never be cheap again. Take away cheap oil, and the global economy is getting the shock of its life. From the ageing oilfields of Saudi Arabia and the United States to the Canadian tar sands, from the shopping malls of Dubai to the shuttered auto plants of North America and Europe, from the made-in-China products on the shelves of the Wal-Mart down the road to the collapse of Wall Street giants, everything is connected to the price of oil Interest rates, carbon trading, inflation, farmers’ markets and the wave of trade protectionism washing up all over the world in the wake of various economic stimulus and bailout packages – they all hinge on the new realities of a world where demand for oil eventually outstrips supply. According to maverick economist Jeff Rubin, there will be no energy bailout. The global economy has suffered oil crises in the past, but this time around the rules have changed. And that means the future is not going to be a continuation of the past. For generations we have built wealth by burning more and more oil. Our cars, our homes, our whole world has been getting bigger in the cheap-oil era. Now it is about to get smaller. There will be winners as well as losers as the age of globalization comes to an end. The auto industry will never recover from this oil-induced recession, but other manufacturers will be opening up mothballed factories. Distance will soon cost money, and so will burning carbon – both will bring long-lost jobs back home. We may not see the kind of economic growth that globalization has brought, but local economies will be revitalized, as will our cities and neighborhoods. Whether we like it or not, our world is about to get a whole lot smaller.

Stakeholder Capitalism

Author : Klaus Schwab
Publisher : John Wiley & Sons
ISBN 13 : 1119756138
Total Pages : 311 pages
Book Rating : 4.1/5 (197 download)

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Book Synopsis Stakeholder Capitalism by : Klaus Schwab

Download or read book Stakeholder Capitalism written by Klaus Schwab and published by John Wiley & Sons. This book was released on 2021-01-27 with total page 311 pages. Available in PDF, EPUB and Kindle. Book excerpt: Reimagining our global economy so it becomes more sustainable and prosperous for all Our global economic system is broken. But we can replace the current picture of global upheaval, unsustainability, and uncertainty with one of an economy that works for all people, and the planet. First, we must eliminate rising income inequality within societies where productivity and wage growth has slowed. Second, we must reduce the dampening effect of monopoly market power wielded by large corporations on innovation and productivity gains. And finally, the short-sighted exploitation of natural resources that is corroding the environment and affecting the lives of many for the worse must end. The debate over the causes of the broken economy—laissez-faire government, poorly managed globalization, the rise of technology in favor of the few, or yet another reason—is wide open. Stakeholder Capitalism: A Global Economy that Works for Progress, People and Planet argues convincingly that if we don't start with recognizing the true shape of our problems, our current system will continue to fail us. To help us see our challenges more clearly, Schwab—the Founder and Executive Chairman of the World Economic Forum—looks for the real causes of our system's shortcomings, and for solutions in best practices from around the world in places as diverse as China, Denmark, Ethiopia, Germany, Indonesia, New Zealand, and Singapore. And in doing so, Schwab finds emerging examples of new ways of doing things that provide grounds for hope, including: Individual agency: how countries and policies can make a difference against large external forces A clearly defined social contract: agreement on shared values and goals allows government, business, and individuals to produce the most optimal outcomes Planning for future generations: short-sighted presentism harms our shared future, and that of those yet to be born Better measures of economic success: move beyond a myopic focus on GDP to more complete, human-scaled measures of societal flourishing By accurately describing our real situation, Stakeholder Capitalism is able to pinpoint achievable ways to deal with our problems. Chapter by chapter, Professor Schwab shows us that there are ways for everyone at all levels of society to reshape the broken pieces of the global economy and—country by country, company by company, and citizen by citizen—glue them back together in a way that benefits us all.

International Political Economy

Author : Raymond C. Miller
Publisher : Routledge
ISBN 13 : 1134174837
Total Pages : 297 pages
Book Rating : 4.1/5 (341 download)

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Book Synopsis International Political Economy by : Raymond C. Miller

Download or read book International Political Economy written by Raymond C. Miller and published by Routledge. This book was released on 2008-09-03 with total page 297 pages. Available in PDF, EPUB and Kindle. Book excerpt: This textbook is the perfect short introduction to the fundamental theories and issues of international political economy (IPE). Written in a concise and accessible style, the text equips students with the necessary skills and knowledge to understand this complex and fascinating area. Engaging with both classical theories and the main contemporary debates, this is the ideal starting point for the study of IPE. The text introduces students to the three main theoretical approaches in IPE: free market, institutionalist and historical materialist. The strengths and weaknesses of the theories are then illustrated by a series of fascinating applied case studies in such core areas as international trade, finance, transnational corporations, development and the environment. Combining clear historical and theoretical explanation with detailed empirical examples this is essential reading for students of international political economy, global governance and international economics.

Global Inequality

Author : Branko Milanovic
Publisher : Harvard University Press
ISBN 13 : 067473713X
Total Pages : 312 pages
Book Rating : 4.6/5 (747 download)

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Book Synopsis Global Inequality by : Branko Milanovic

Download or read book Global Inequality written by Branko Milanovic and published by Harvard University Press. This book was released on 2016-04-11 with total page 312 pages. Available in PDF, EPUB and Kindle. Book excerpt: Winner of the Bruno Kreisky Prize, Karl Renner Institut A Financial Times Best Economics Book of the Year An Economist Best Book of the Year A Livemint Best Book of the Year One of the world’s leading economists of inequality, Branko Milanovic presents a bold new account of the dynamics that drive inequality on a global scale. Drawing on vast data sets and cutting-edge research, he explains the benign and malign forces that make inequality rise and fall within and among nations. He also reveals who has been helped the most by globalization, who has been held back, and what policies might tilt the balance toward economic justice. “The data [Milanovic] provides offer a clearer picture of great economic puzzles, and his bold theorizing chips away at tired economic orthodoxies.” —The Economist “Milanovic has written an outstanding book...Informative, wide-ranging, scholarly, imaginative and commendably brief. As you would expect from one of the world’s leading experts on this topic, Milanovic has added significantly to important recent works by Thomas Piketty, Anthony Atkinson and François Bourguignon...Ever-rising inequality looks a highly unlikely combination with any genuine democracy. It is to the credit of Milanovic’s book that it brings out these dangers so clearly, along with the important global successes of the past few decades. —Martin Wolf, Financial Times

Globalization and Competition

Author : Luiz Carlos Bresser Pereira
Publisher : Cambridge University Press
ISBN 13 : 0521196353
Total Pages : 263 pages
Book Rating : 4.5/5 (211 download)

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Book Synopsis Globalization and Competition by : Luiz Carlos Bresser Pereira

Download or read book Globalization and Competition written by Luiz Carlos Bresser Pereira and published by Cambridge University Press. This book was released on 2010 with total page 263 pages. Available in PDF, EPUB and Kindle. Book excerpt: Globalization and Competition explains why some middle-income countries, principally those in Asia, grow fast while others are not successful. The author criticizes both old-style developmentalism and the economics of the Washington Consensus. He argues instead for a "new developmentalism" or third approach that builds on a national development strategy. This approach differs from the neoliberal strategy that rich nations propose to emerging economies principally on macroeconomic grounds. Developing countries face a key obstacle to growth, namely, the tendency to overvaluate foreign exchange. Instead of neutralizing it, the policy that rich countries promote mistakenly seeks growth through foreign savings, which causes additional appreciation of the national currency and often results in financial crises rather than genuine investment.