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For most people except the world’s very richest, globalization is failing–catastrophically. If we don’t act, its failure will lead to a global upheaval worse than any in human history. But there’s another, better path. Isaak shows how a new globalization can give the poor a powerful stake, both here and abroad. Isaak's ideas can lead toward a more stable, peaceful world, in which we can all build our futures–rich and poor alike.
Author : Ann Harrison Publisher : University of Chicago Press Page : 675 pages File Size : 41,6 Mb Release : 2007-11-01 Category : Business & Economics ISBN : 9780226318004
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.
This publication sets out an empirical analysis of the impact of economic liberalisation and globalisation on inequality, poverty and development, including recent trends in economic growth, income distribution and global inequalities, and the comparative experiences of countries that have pursued different economic policies.
Globalization, Poverty, and Income Inequality by Richard Barichello,Arianto A. Patunru,Richard Schwindt Pdf
Globalization, Poverty, and Income Inequality examines the relationship between globalization and trade liberalization, and poverty and income inequality, using Indonesia as a case study. Contributors examine how advances in coffee certification, treatments for visual disabilities, and property rights, among other factors, have had both meritorious and deleterious effects on the local population. Ultimately, they describe an ambiguous relationship between trade liberalization and inequality, both of which can increase or decrease in proportion to one another depending on region and sector. This empirically driven work provides a nuanced view of the trade-poverty relationship, contributing balanced testimony to policy debates being held internationally.
The Globalization of Inequality by François Bourguignon Pdf
Why national and international equality matter and what we can do to ensure a fairer world In The Globalization of Inequality, distinguished economist and policymaker François Bourguignon examines the complex and paradoxical links between a vibrant world economy that has raised the living standard of over half a billion people in emerging nations such as China, India, and Brazil, and the exponentially increasing inequality within countries. Exploring globalization's role in the evolution of inequality, Bourguignon takes an original and truly international approach to the decrease in inequality between nations, the increase in inequality within nations, and the policies that might moderate inequality’s negative effects. Demonstrating that in a globalized world it becomes harder to separate out the factors leading to domestic or international inequality, Bourguignon examines each trend through a variety of sources, and looks at how these inequalities sometimes balance each other out or reinforce one another. Factoring in the most recent economic crisis, Bourguignon investigates why inequality in some countries has dropped back to levels that have not existed for several decades, and he asks if these should be considered in the context of globalization or if they are in fact specific to individual nations. Ultimately, Bourguignon argues that it will be up to countries in the developed and developing world to implement better policies, even though globalization limits the scope for some potential redistributive instruments. An informed and original contribution to the current debates about inequality, this book will be essential reading for anyone who is interested in the future of the world economy.
Income inequality is rising. A quarter of a century ago, the average disposable income of the richest 10% in OECD countries was around seven times higher than that of the poorest 10%; today, it's around 9½ times higher. Why does this matter? Many fear this widening gap is hurting individuals, societies and even economies. This book explores income inequality across five main headings. It starts by explaining some key terms in the inequality debate. It then examines recent trends and explains why income inequality varies between countries. Next it looks at why income gaps are growing and, in particular, at the rise of the 1%. It then looks at the consequences, including research that suggests widening inequality could hurt economic growth. Finally, it examines policies for addressing inequality and making economies more inclusive.
Flat World, Big Gaps by Jomo Kwame Sundaram,Jacques Baudot Pdf
Many mainstream economists have claimed that globalization creates worldwide growth, and that economic liberalization will lead to the economic convergence and lower inequality. It is now clear that since the 1980 s the world economy has experienced slower growth as well as greater inequalities at the national level. The research in this volume provides rigorous empirical analyses of how economic liberalization has actually affected inequality, poverty and development in recent decades. Avoiding polemics and rhetoric, the book provides a balanced account of recent trends, the effect of globalization and liberalization, and the comparative experiences of countries that have pursued different economic policies and trajectories.
Author : Joseph E. Stiglitz Publisher : W. W. Norton & Company Page : 304 pages File Size : 52,5 Mb Release : 2003-04-17 Category : Business & Economics ISBN : 9780393071078
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.
Limits to Globalization by William R. Thompson,Rafael Reuveny Pdf
Using a world systems approach this book examines how globalization is experienced around the world and compares its intensity and impact in industrialized countries and developing countries, focusing on economic growth, technological diffusion, debt, North-South conflict, democratisation and globalization,
National Research Council,Division on Earth and Life Studies,Board on Earth Sciences and Resources,Committee on Strategic Directions for the Geographical Sciences in the Next Decade
Author : National Research Council,Division on Earth and Life Studies,Board on Earth Sciences and Resources,Committee on Strategic Directions for the Geographical Sciences in the Next Decade Publisher : National Academies Press Page : 172 pages File Size : 52,6 Mb Release : 2010-07-23 Category : Science ISBN : 9780309150750
Understanding the Changing Planet by National Research Council,Division on Earth and Life Studies,Board on Earth Sciences and Resources,Committee on Strategic Directions for the Geographical Sciences in the Next Decade Pdf
From the oceans to continental heartlands, human activities have altered the physical characteristics of Earth's surface. With Earth's population projected to peak at 8 to 12 billion people by 2050 and the additional stress of climate change, it is more important than ever to understand how and where these changes are happening. Innovation in the geographical sciences has the potential to advance knowledge of place-based environmental change, sustainability, and the impacts of a rapidly changing economy and society. Understanding the Changing Planet outlines eleven strategic directions to focus research and leverage new technologies to harness the potential that the geographical sciences offer.
Globalization/Anti-Globalization by David Held,Anthony McGrew Pdf
Is globalization being eclipsed by a resurgent geopolitics? Does the war on terror denote the end of globalization or a new phase of militarized globalization? Empire or globalization - are these the right terms to describe the current global order? The second edition of this highly successful book tests the claims of those who dismiss the continuing significance of globalization through a comprehensive assessment of contemporary global trends. In the aftermath of 9/11, and the war in Iraq, there has been much talk of the end of globalization. Held and McGrew argue that these post-mortems for globalization are entirely premature. They show this by focusing upon the primary structures of world order namely: patterns of governance, organized violence, the economy, culture and environmental degradation. Patterns of inequality, exclusion and domination are also assessed. Building upon this analysis, the authors present the case for continuing to take globalization seriously as both a description and explanation of our current global condition. They also ask the vital question: can globalization be tamed? Held and McGrew explore whether a more just and stable world order is either desirable or feasible and present an alternative ethical and political agenda for the twenty-first century - a global covenant of cosmopolitan social democracy. The second edition of this powerful and original book has been comprehensively updated, with three new chapters added. The book will appeal to all those who remain intrigued, confused or simply baffled by the controversy about globalization and its consequences for the twenty-first century world order.
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.
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