Globalization And The Race To The Bottom In Developing Countries

Author : Nita Rudra
Publisher : Unknown
Page : 294 pages
File Size : 45,8 Mb
Release : 2008
Category : Developing countries
ISBN : 0511437668

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Globalization and the Race to the Bottom in Developing Countries by Nita Rudra Pdf

The advance of economic globalization has led many academics, policy-makers, and activists to warn that it leads to a 'race to the bottom'. In a world increasingly free of restrictions on trade and capital flows, developing nations that cut public services are risking detrimental effects to the populace. Conventional wisdom suggests that it is the poorer members of these societies who stand to lose the most from these pressures on welfare protections, but this new study argues for a more complex conceptualization of the subject. Nita Rudra demonstrates how and why domestic institutions in developing nations have historically ignored the social needs of the poor; globalization neither takes away nor advances what never existed in the first place. It has been the lower- and upper-middle classes who have benefited the most from welfare systems and, consequently, it is they who are most vulnerable to globalization's race to the bottom.

Author : Nita Rudra
Publisher : Unknown
Page : 326 pages
File Size : 50,5 Mb
Release : 2008-09-25
Category : Business & Economics
ISBN : UOM:39076002785264

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Globalization and the Race to the Bottom in Developing Countries by Nita Rudra Pdf

Challenges conventional wisdoms surrounding globalisation's effects on developing countries, suggesting that the real losers are the middle classes.

Author : Joseph E. Stiglitz
Publisher : W. W. Norton & Company
Page : 304 pages
File Size : 51,5 Mb
Release : 2003-04-17
Category : Business & Economics
ISBN : 9780393071078

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Globalization and Its Discontents by Joseph E. Stiglitz Pdf

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.

Author : David Wheeler
Publisher : World Bank Publications
Page : 30 pages
File Size : 48,6 Mb
Release : 2001
Category : Air
ISBN : 8210379456XXX

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Racing to the Bottom? by David Wheeler Pdf

Critics of free trade have raised the specter of a "race to the bottom" in which environmental standards collapse because polluters threaten to relocate to "pollution havens" in the developing world. The flaw in the race-to-the-bottom model is that its basic assumptions misrepresent the political economy of pollution control in developing countries

Author : B. Ghosh,H. Guven
Publisher : Springer
Page : 269 pages
File Size : 55,5 Mb
Release : 2006-05-26
Category : Social Science
ISBN : 9780230502567

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Globalization and the Third World by B. Ghosh,H. Guven Pdf

The impact of globalization on the world's developing economies is not conclusive: studies show conflicting conclusions to the same problems in the context of globalization in developing countries. It is this analytical inconclusiveness that is at the heart of this collection, which makes a fresh attempt to study the real impact of globalization.

Author : Paul Collier,David Dollar
Publisher : World Bank Publications
Page : 200 pages
File Size : 52,9 Mb
Release : 2002
Category : Business & Economics
ISBN : 082135048X

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Globalization, Growth, and Poverty by Paul Collier,David Dollar Pdf

Globalization - the growing integration of economies and societies around the world, is a complex process. The focus of this research is the impact of economic integration on developing countries and especially the poor people living in these countries. Whether economic integration supports poverty reduction and how it can do so more effectively are key questions asked. The research yields 3 main findings with bearings on current policy debates about globalization. Firstly, poor countries with some 3 billion people have broken into the global market for manufactures and services, and this successful integration has generally supported poverty reduction. Secondly, inclusion both across countries and within them is important as a number of countries (pop. 2 billion) are failing as states, trading less and less, and becoming marginal to the world economy. Thirdly, standardization or homogenization is a concern - will economic integration lead to cultural or institutional homogenization?

Author : Jagdish Bhagwati
Publisher : Oxford University Press
Page : 346 pages
File Size : 44,7 Mb
Release : 2007-09-04
Category : Political Science
ISBN : 9780199838967

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In Defense of Globalization by Jagdish Bhagwati Pdf

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.

Author : Jeremy Brecher,Tim Costello,Brendan Smith
Publisher : South End Press
Page : 206 pages
File Size : 51,9 Mb
Release : 2000
Category : Business & Economics
ISBN : 0896086224

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Globalization from Below by Jeremy Brecher,Tim Costello,Brendan Smith Pdf

Brecher, Costello, and Smith chart out a dynamic and innovative strategy for building the movement to challenge unchecked coporate globalization.

Author : Dani Rodrik
Publisher : Peterson Institute
Page : 121 pages
File Size : 53,7 Mb
Release : 1997
Category : Electronic
ISBN : 9780881325256

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Has Globalization Gone Too Far? by Dani Rodrik Pdf

Author : Tomas Larsson
Publisher : Cato Institute
Page : 181 pages
File Size : 47,9 Mb
Release : 2001-11-25
Category : Political Science
ISBN : 9781933995861

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Race to the Top by Tomas Larsson Pdf

As people all over the world become more culturally and economically connected, a backlash towards globalization is developing. From Seattle to Genoa, protesters travel to every meeting of international economic institutions to denounce global markets. What's the real story of globalization? Is it a "race to the bottom," as the critics of capitalism insist? Or a race to the top, as Tomas Larsson suggests? Instead of debates among theoreticians and activists, it's time for some on-the-ground reporting about the effects of globalization. Larsson, a Swedish journalist, spent ten years reporting from Bangkok. In this book he takes us to the slums of Rio, a bicycle factory in Korea, a brothel in a back corner of Thailand, and more. In all the places, he finds that the changes of the past ten years have given people tremendous opportunities. His perspective on globalization differs from those of Pat Buchanan, William Greider, or the Seattle protesters. And it's more vivid than econometric articles because it's on-the-spot reporting from all over the developing world. Tomas Larsson looks past the dry statistics and arid debates to examine real people around the world. He finds that, thanks to the spread of global markets, hundreds of millions of previously poor people have left poverty and misery behind them and taken their place among the global middle class. This is a book full of good news, more relevant than ever as the world's finance ministers cower behind chainlink fences, afraid to defend the economic system that is spreading wealth more broadly than ever.

Author : David Wheeler
Publisher : Unknown
Page : 26 pages
File Size : 40,9 Mb
Release : 2016
Category : Electronic
ISBN : OCLC:1290704905

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Racing to the Bottom? Foreign Investment and Air Pollution in Developing Countries by David Wheeler Pdf

Critics of free trade have raised the specter of a race to the bottom, in which environmental standards collapse because polluters threaten to relocate to pollution havens in the developing world. The flaw in the race-to-the-bottom model is that its basic assumptions misrepresent the political economy of pollution control in developing countries.Critics of free trade have raised the specter of a race to the bottom, in which environmental standards collapse because polluters threaten to relocate to pollution havens in the developing world. Proponents of this view advocate high, globally uniform standards enforced by punitive trade measures that neutralize the cost advantage of would-be pollution havens. To test the race-to-the-bottom model, Wheeler analyzes recent air quality trends in the United States and in Brazil, China, and Mexico, the three largest recipients of foreign investment in the developing world.The evidence clearly contradicts the model's central prediction. The most dangerous form of air pollution - suspended particulate matter - has actually declined in major cities in all four countries during the era of globalization.Citing recent research, Wheeler argues that the race-to-the-bottom model is flawed because its basic assumptions misrepresent the political economy of pollution control in developing countries.He proposes a more realistic model, in which low-income societies serve their own long-run interests by reducing pollution. He concludes with recommendations for international assistance measures that can improve environmental quality without counterproductive enforcement of uniform standards and trade sanctions.This paper - a product of Infrastructure and Environment, Development Research Group - is part of a larger effort in the group to study the economics of pollution control in developing countries. Please contact David Wheeler, room MC2-529, telephone 202-473-3401, fax 202-522-3230, email address [email protected].

Author : Robert E. Baldwin,L. Alan Winters
Publisher : University of Chicago Press
Page : 560 pages
File Size : 55,7 Mb
Release : 2007-11-01
Category : Business & Economics
ISBN : 9780226036557

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Challenges to Globalization by Robert E. Baldwin,L. Alan Winters Pdf

People passionately disagree about the nature of the globalization process. The failure of both the 1999 and 2003 World Trade Organization's (WTO) ministerial conferences in Seattle and Cancun, respectively, have highlighted the tensions among official, international organizations like the WTO, the International Monetary Fund (IMF), the World Bank, nongovernmental and private sector organizations, and some developing country governments. These tensions are commonly attributed to longstanding disagreements over such issues as labor rights, environmental standards, and tariff-cutting rules. In addition, developing countries are increasingly resentful of the burdens of adjustment placed on them that they argue are not matched by commensurate commitments from developed countries. Challenges to Globalization evaluates the arguments of pro-globalists and anti-globalists regarding issues such as globalization's relationship to democracy, its impact on the environment and on labor markets including the brain drain, sweat shop labor, wage levels, and changes in production processes, and the associated expansion of trade and its effects on prices. Baldwin, Winters, and the contributors to this volume look at multinational firms, foreign investment, and mergers and acquisitions and present surprising findings that often run counter to the claim that multinational firms primarily seek countries with low wage labor. The book closes with papers on financial opening and on the relationship between international economic policies and national economic growth rates.

Author : James H. Mittelman
Publisher : Princeton University Press
Page : 303 pages
File Size : 52,7 Mb
Release : 2000-02-28
Category : Political Science
ISBN : 9781400823697

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The Globalization Syndrome by James H. Mittelman Pdf

Here James Mittelman explains the systemic dynamics and myriad consequences of globalization, focusing on the interplay between globalizing market forces, in some instances guided by the state, and the needs of society. Mittelman finds that globalization is hardly a unified phenomenon but rather a syndrome of processes and activities: a set of ideas and a policy framework. More specifically, globalization is propelled by a changing division of labor and power, manifested in a new regionalism, and challenged by fledgling resistance movements. The author argues that a more complete understanding of globalization requires an appreciation of its cultural dimensions. From this perspective, he considers the voices of those affected by this trend, including those who resist it and particularly those who are hurt by it. The Globalization Syndrome is among the first books to present a holistic and multilevel analysis of globalization, connecting the economic to the political and cultural, joining agents and multiple structures, and interrelating different local, regional, and global arenas. Mittelman's findings are drawn mainly from the non-Western worlds. He provides a cross-regional analysis of Eastern Asia, an epicenter of globalization, and Southern Africa, a key node in the most marginalized continent. The evidence shows that while offering many benefits to some, globalization has become an uneasy correlation of deep tensions, giving rise to a range of alternative scenarios.

Author : Alan Tonelson
Publisher : Basic Books
Page : 248 pages
File Size : 45,6 Mb
Release : 2009-04-29
Category : Political Science
ISBN : 9780786730797

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The Race To The Bottom by Alan Tonelson Pdf

With the end of the 1990s economic boom, The Race to the Bottom deftly explores how the United States has entered a no-win global competition in which the countries with the lowest wages, weakest workplace safety laws, and toughest repression of unions win investment from the U.S. and Europe. Tonelson analyzes how the entry of such population giants as China, India, and Mexico into the global market has accelerated the erosion of wages and labor standards around the world. And he describes how an ever-larger share of this low-wage competition is hitting not just sectors like apparel and toys, but also many of America's highest wage industries like aerospace and software. Tonelson explains why the re-education and retraining programs touted by many political leaders offer little but false hopes to most U.S. workers as he outlines the real decisions Washington needs to make to ensure long-term prosperity for the U.S. and the rest of the world. Updated with a new prologue from the author.

Author : World Bank
Publisher : World Bank Publications
Page : 216 pages
File Size : 50,5 Mb
Release : 2006
Category : Business
ISBN : 9780821367285

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Global Economic Prospects 2007 by World Bank Pdf

Over the next 25 years developing countries will move to center stage in the global economy. Global Economic Prospects 2007 analyzes the opportunities - and stresses - this will create. While rich and poor countries alike stand to benefit, the integration process will make more acute stresses already apparent today - in income inequality, in labor markets, and in the environment. Over the next 25 years, rapid technological progress, burgeoning trade in goods and services, and integration of financial markets create the opportunity for faster long-term growth. However, some regions, notably Africa, are at risk of being left behind. The coming globalization will also see intensified stresses on the "global commons." Addressing global warming, preserving marine fisheries, and containing infectious diseases will require effective multilateral collaboration to ensure that economic growth and poverty reduction proceed without causing irreparable harm to future generations."