Making Globalization a Force for Good
Author | : United Kingdom. Secretary of State for Trade and Industry |
Publisher | : |
Total Pages | : 116 |
Release | : 2004 |
Genre | : |
ISBN | : |
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Author | : United Kingdom. Secretary of State for Trade and Industry |
Publisher | : |
Total Pages | : 116 |
Release | : 2004 |
Genre | : |
ISBN | : |
Author | : Great Britain. Department of Trade and Industry |
Publisher | : The Stationery Office |
Total Pages | : 120 |
Release | : 2004 |
Genre | : Economic assistance, British |
ISBN | : 0101627823 |
Globalisation refers to the process of growing interdependence between the economies and businesses of different countries, with the ever increasing movement across national boundaries of goods, services, investment finance and jobs. This White Paper considers the Government's policy approach towards international trade and investment, based upon its commitment to sustainable development and in the context of an enlarged EU. It addresses the implications of globalisation both nationally and internationally, and sets out the Government's vision of a world trading system which is fair as well as free for all. It contains three sections which focus on: i) the internationalisation of business, markets and production, EU developments, and the experience of developing countries; ii) how to ensure the UK economy benefits from globalisation; and iii) the role of trade and investment in global poverty reduction, including the Doha Development Agenda, market liberalisation in developing countries, international regulation, agricultural trade and development, environmental protection and labour standards, promoting corporate social responsibility, and improving the functioning of the World Trade Organization.
Author | : Frederic S. Mishkin |
Publisher | : Princeton University Press |
Total Pages | : 321 |
Release | : 2009-10-08 |
Genre | : Business & Economics |
ISBN | : 1400829445 |
Many prominent critics regard the international financial system as the dark side of globalization, threatening disadvantaged nations near and far. But in The Next Great Globalization, eminent economist Frederic Mishkin argues the opposite: that financial globalization today is essential for poor nations to become rich. Mishkin argues that an effectively managed financial globalization promises benefits on the scale of the hugely successful trade and information globalizations of the nineteenth and twentieth centuries. This financial revolution can lift developing nations out of squalor and increase the wealth and stability of emerging and industrialized nations alike. By presenting an unprecedented picture of the potential benefits of financial globalization, and by showing in clear and hard-headed terms how these gains can be realized, Mishkin provides a hopeful vision of the next phase of globalization. Mishkin draws on historical examples to caution that mismanagement of financial globalization, often aided and abetted by rich elites, can wreak havoc in developing countries, but he uses these examples to demonstrate how better policies can help poor nations to open up their economies to the benefits of global investment. According to Mishkin, the international community must provide incentives for developing countries to establish effective property rights, banking regulations, accounting practices, and corporate governance--the institutions necessary to attract and manage global investment. And the West must be a partner in integrating the financial systems of rich and poor countries--to the benefit of both. The Next Great Globalization makes the case that finance will be a driving force in the twenty-first-century economy, and demonstrates how this force can and should be shaped to the benefit of all, especially the disadvantaged nations most in need of growth and prosperity.
Author | : Joseph E. Stiglitz |
Publisher | : W. W. Norton & Company |
Total Pages | : 401 |
Release | : 2007-08-28 |
Genre | : Business & Economics |
ISBN | : 0393330281 |
Nobel Prize winner Stiglitz focuses on policies that truly work and offers fresh, new thinking about the questions that shape the globalization debate.
Author | : Ann Harrison |
Publisher | : University of Chicago Press |
Total Pages | : 674 |
Release | : 2007-11-01 |
Genre | : Business & Economics |
ISBN | : 0226318001 |
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.
Author | : Jagdish Bhagwati |
Publisher | : Oxford University Press |
Total Pages | : 346 |
Release | : 2007-09-04 |
Genre | : Political Science |
ISBN | : 0199838968 |
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 | : International Monetary Fund. External Relations Dept. |
Publisher | : International Monetary Fund |
Total Pages | : 60 |
Release | : 2014-08-25 |
Genre | : Business & Economics |
ISBN | : 1475566980 |
This chapter discusses various past and future aspects of the global economy. There has been a huge transformation of the global economy in the last several years. Articles on the future of energy in the global economy by Jeffrey Ball and on measuring inequality by Jonathan Ostry and Andrew Berg are also illustrated. Since the 2008 global crisis, global economists must change the way they look at the world.
Author | : Joseph E. Stiglitz |
Publisher | : W. W. Norton & Company |
Total Pages | : 305 |
Release | : 2003-04-17 |
Genre | : Business & Economics |
ISBN | : 0393071073 |
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 | : Martin Wolf |
Publisher | : Yale University Press |
Total Pages | : 690 |
Release | : 2005-06-10 |
Genre | : Business & Economics |
ISBN | : 0300251734 |
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.
Author | : World Commission on the Social Dimension of Globalization |
Publisher | : International Labour Organization |
Total Pages | : 194 |
Release | : 2004 |
Genre | : Business & Economics |
ISBN | : 9789221154266 |
This report has been compiled by the World Commission on the Social Dimensions of Globalization, an independent body established by the International Labour Organization (ILO) in 2002, and whose membership includes international politicians and government advisers from developed and developing countries, academics and representatives of business and multinational corporations, trade unions and civil society organisations. The report explores the social dimensions of globalisation and the need to build a fair and inclusive global economic system, and argues that the dominant perspective on globalisation must shift from a narrow focus on markets to encompass a broader recognition of the needs of people in the communities in which they live. Issues highlighted and recommendations made in the report include: better governance and accountability at both national and international levels to foster productive and equitable markets; empowerment of local communities, including gender equality; sustainable development based on the interdependent pillars of economic, social and environmental development; fairer rules for international trade, investment and finance; measures to overcome inequality and raise capacity to meet the Millennium Development Goals (MDGs); and a stronger multilateral framework based on an effective United Nations.