Getting Globalization Right
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Getting Globalization Right
Getting Globalization Right explores political and economic changes in seven new democracies that have in common both a movement toward greater integration with the world economy and the challenges posed by persistent or even increasing domestic economic inequalities. The authors argue that, without effective national policies to dampen the effects of globalization, the short-term impact of opening the economy has a negative effect on levels of poverty and inequality. In a more positive vein, however, and without minimizing the difficulties involved, they identify the types of social policies that can blunt or counter these negative effects. They also suggest that international governance will have a growing influence on how globalization affects individual nations. The up-to-date, empirically rich case studies in the book cover the experiences of Brazil, Mexico, the Philippines, South Africa, South Korea, Spain, and Turkey.
Globalization and Poverty
Author: Ann Harrison
language: en
Publisher: University of Chicago Press
Release Date: 2007-11-01
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 Next Great Globalization
Author: Frederic S. Mishkin
language: en
Publisher: Pearson Education India
Release Date: 2008
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.