The Asymmetries Of Globalization
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Author | : Pan Yotopoulos |
Publisher | : Routledge |
Total Pages | : 225 |
Release | : 2007-01-24 |
Genre | : Business & Economics |
ISBN | : 1134109946 |
The discourse on globalization has become polarized. Proponents consider globalization as the silver bullet for targeting growth in the world economy and for poor countries specifically, while opponents see it as the poisoned arrow of exploitation and impoverishment of the Third World. Splendidly edited, The Asymmetries of Globalization deals with the 'what' and 'how' but primarily with 'why' globalization has most often negative outcomes for developing countries. It breaks new ground in approaching globalization not only as trade commodities, but also as trade in positional goods ('decommodified trade.') The two novel and munificent forms of post-Ricardian decommodified trade, trade in services and trade in hard currency in the form of currency substitution, are sculpted in the introductory chapter as the foundation of the systematic asymmetries of globalization. The analytical approach of introducing 'positional goods' in the form of decommodified trade, in the discource on globalization, is original. It is also timely in a situation where the tail of trade in 'services' has grown enough to wag the traditional trade-in-commodities dog of globalization. The balance of the chapters in this volume constitute a tapestry of case studies that elaborate and empirically investigate the causes of systematic asymmetries of globalization. The book's appeal transcends economics to make it also highly useful to students across the disciplines of sociology and political science, especially in the fields of international political economy and the politics of international trade. It will certainly enlighten all those working in the general areas of globalization, poverty and economic development.
Author | : |
Publisher | : |
Total Pages | : 205 |
Release | : 2007 |
Genre | : Asymmetric warfare |
ISBN | : |
Author | : Pan Yotopoulos |
Publisher | : Routledge |
Total Pages | : 295 |
Release | : 2007-01-24 |
Genre | : Business & Economics |
ISBN | : 1134109938 |
The discourse on globalization has become polarized. Proponents consider globalization as the silver bullet for targeting growth in the world economy and for poor countries specifically, while opponents see it as the poisoned arrow of exploitation and impoverishment of the Third World. Splendidly edited, The Asymmetries of Globalization deals with the 'what' and 'how' but primarily with 'why' globalization has most often negative outcomes for developing countries. It breaks new ground in approaching globalization not only as trade commodities, but also as trade in positional goods ('decommodified trade.') The two novel and munificent forms of post-Ricardian decommodified trade, trade in services and trade in hard currency in the form of currency substitution, are sculpted in the introductory chapter as the foundation of the systematic asymmetries of globalization. The analytical approach of introducing 'positional goods' in the form of decommodified trade, in the discource on globalization, is original. It is also timely in a situation where the tail of trade in 'services' has grown enough to wag the traditional trade-in-commodities dog of globalization. The balance of the chapters in this volume constitute a tapestry of case studies that elaborate and empirically investigate the causes of systematic asymmetries of globalization. The book's appeal transcends economics to make it also highly useful to students across the disciplines of sociology and political science, especially in the fields of international political economy and the politics of international trade. It will certainly enlighten all those working in the general areas of globalization, poverty and economic development.
Author | : Nancy Birdsall |
Publisher | : |
Total Pages | : 21 |
Release | : 2014 |
Genre | : |
ISBN | : |
The paper sets out two views of the facts about the effects of globalization on world poverty and inequality. The bottom line: globalization is not the cause, but neither is it the solution to world poverty and inequality. The paper then explores why and how the global economy is stacked against the poor, making globalization asymmetric, at least up to now. It concludes with some ideas about a new agenda of good global politics, an agenda to shape a future global economy and society that is less poor and less unequal - not only because it is more global and competitive, but also because it is more fair and more politically representative.
Author | : Nancy Birdsall |
Publisher | : |
Total Pages | : 14 |
Release | : 2001 |
Genre | : Developing countries |
ISBN | : |
Author | : Nicholas A. Lash |
Publisher | : |
Total Pages | : 236 |
Release | : 2002-01-01 |
Genre | : Globalization |
ISBN | : 9781894490054 |
Author | : Joël Hellier |
Publisher | : |
Total Pages | : 0 |
Release | : 2023 |
Genre | : |
ISBN | : |
Author | : Nancy Birdsall |
Publisher | : |
Total Pages | : 0 |
Release | : 2007 |
Genre | : |
ISBN | : |
Does openness in trade and the free flow of capital promote growth for the poor? In this Working Paper, Nancy Birdsall discusses the inherent asymmetries in globalization, and the implications those inequalities have for poverty reduction. She suggests that global trading rules work less well for the people and households within poor countries. While modern capitalist and rich societies have mechanisms to manage their markets so that free trade and commerce more equally benefit all, poor countries cannot benefit from effective social contracts, progressive tax systems, and laws and regulations to manage asymmetries and market failures. This is also true at the global level, where poor countries are especially susceptible to the risks of free trade, and the vagaries of volatile capital flows. This paper is updated from a paper presented at the 2002 G-20 Workshop on Globalization, Living Standards, and Inequality in Sydney, Australia. It is also forthcoming in a Jubilee Conference Volume of the World Institute for Development Economics Research.
Author | : William R. Thompson |
Publisher | : Routledge |
Total Pages | : 211 |
Release | : 2009-09-10 |
Genre | : Business & Economics |
ISBN | : 1135276668 |
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,
Author | : José Antonio Ocampo |
Publisher | : Stanford University Press |
Total Pages | : 238 |
Release | : 2003 |
Genre | : Business & Economics |
ISBN | : 9780804749565 |
Globalization and Development draws upon the experiences of the Latin American and Caribbean region to provide a multidimensional assessment of the globalization process from the perspective of developing countries. Based on a study by the United Nations Economic Commission for Latin America and the Caribbean (ECLAC), this book gives a historical overview of economic development in the region and presents both an economic and noneconomic agenda that addresses disparity, respects diversity, and fosters complementarity among regional, national, and international institutions. For orders originating outside of North America, please visit the World Bank website for a list of distributors and geographic discounts at http://publications.worldbank.org/howtoorder or e-mail [email protected].