Making Globalization Work

Making Globalization Work
Author: Joseph E. Stiglitz
Publisher: W. W. Norton & Company
Total Pages: 401
Release: 2007-08-28
Genre: Business & Economics
ISBN: 0393330281

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Nobel Prize winner Stiglitz focuses on policies that truly work and offers fresh, new thinking about the questions that shape the globalization debate.

Globalization and Its Discontents

Globalization and Its Discontents
Author: Joseph E. Stiglitz
Publisher: W. W. Norton & Company
Total Pages: 305
Release: 2003-04-17
Genre: Business & Economics
ISBN: 0393071073

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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.

Why Globalization Works

Why Globalization Works
Author: Martin Wolf
Publisher: Yale University Press
Total Pages: 690
Release: 2005-06-10
Genre: Business & Economics
ISBN: 0300251734

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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.

From Global to Local

From Global to Local
Author: Finbarr Livesey
Publisher: Vintage
Total Pages: 224
Release: 2017-09-19
Genre: Business & Economics
ISBN: 1101871229

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This brilliantly original book dismantles the underlying assumptions that drive the decisions made by companies and governments throughout the world, to show that our shared narrative of the global economy is deeply flawed. If left unexamined, they will lead corporations and countries astray, with dire consequences for us all. For the past fifty years or so, the global economy has been run on three big assumptions: that globalization will continue to spread, that trade is the engine of growth and development, and that economic power is moving from the West to the East. More recently, it has also been taken as a given that our interconnectedness—both physical and digital—will increase without limit. But what if all these ideas are wrong? What if everything is about to change? What if it has already begun to change but we just haven't noticed? Increased automation, the advent of additive manufacturing (3D printing, for example), and changes in shipping and environmental pressures, among other factors, are coming together to create a fast-changing global economic landscape in which the rules are being rewritten—at once a challenge and an opportunity for companies and countries alike.

Making Sweatshops

Making Sweatshops
Author: Ellen Israel Rosen
Publisher: Univ of California Press
Total Pages: 350
Release: 2002-12-03
Genre: Business & Economics
ISBN: 0520233379

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"Making Sweatshops reveals the inexorable movement towards an open trading system, the shifting alignments of actors pushing for or opposing openness, and, most centrally, how trade policy promotes the globalization of apparel production, filling a gap in our understanding of these dynamics."—Richard P. Appelbaum, coauthor of Behind the Label: Inequality in the Los Angeles Apparel Industry "A detailed examination of the role that trade policy plays in the process of globalization. Rosen provides a meticulous historical analysis of the textile/apparel industry, one of the world's most globalized industries and one of its most hot-button issues."—Stephen Cullenberg, coauthor of Transition and Development in India "Rosen shows how politics have always shaped the trade agenda from beginning to end, and she presents a most compelling case that if trade and the global economy are to foster justice and equality for the people of our world, we will need to rewrite the existing rules of global trade."—Charles Kernaghan, director of the National Labor Committee "This book delves deep into the industry's trade journals, congressional testimony, newspaper accounts, and economic and political scholarship of the last fifty-five years to tell the story of U.S. trade policy and the decline of labor standards in the apparel industry. This patient and voluminous examination systematically reveals, for the first time, how the U.S. sacrificed its apparel workers on the altar, first of the anti-Communist crusade, and then of free trade ideology."—Robert J.S. Ross, PhD, Professor of Sociology and Director, International Studies Stream, Clark University "Making Sweatshops is, in part, a history of the apparel and textile industries in the U.S. and the world. But it is much more than that. It is also about power and globalization. Rosen explains how the former shapes the latter, and how workers around the world suffer because of it. Activists, policy makers, consumers--anyone interested in understanding why sweatshops exist--should read this book."—Bruce Raynor, President, Union of Needletrades, Industrial and Textile Employees (Unite) "Rosen convincingly demonstrates that it is the transnational corporations rather than the consumers, and certainly rather than the workers, who benefit from trade liberalization, whose rules the lobbyists for these very coporations more or less write for supine politicians. This is a book in the great tradition of solid scholarship allied with deep commitment to the cause of global economic justice."—Leslie Sklair, author of Globalization: Capitalism and its Alternatives

Making Globalization Work

Making Globalization Work
Author: Joseph E. Stiglitz
Publisher:
Total Pages: 358
Release: 2007
Genre: Globalization
ISBN:

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[This book] focuses on policies that truly work, offering fresh new thinking about the questions that shape the globalization debate, including a plan to restructure a global financial system made unstable by America's debt, ideas for how countries can grow without degrading the environment, a framework for free and fair global trade, and much more. Throughout, [the author] reveals that economic globalization continues to outpace both the political structures and the moral sensitivity required to ensure a just and sustainable world. And he makes plain the real work that all nations must undertake to realize that goal.-Dust jacket.

Globalization and Poverty

Globalization and Poverty
Author: Ann Harrison
Publisher: University of Chicago Press
Total Pages: 674
Release: 2007-11-01
Genre: Business & Economics
ISBN: 0226318001

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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.

People, Power, and Profits: Progressive Capitalism for an Age of Discontent

People, Power, and Profits: Progressive Capitalism for an Age of Discontent
Author: Joseph E. Stiglitz
Publisher: W. W. Norton & Company
Total Pages: 366
Release: 2019-04-23
Genre: Business & Economics
ISBN: 1324004223

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A Nobel prize winner challenges us to throw off the free market fundamentalists and reclaim our economy. We all have the sense that the American economy—and its government—tilts toward big business, but as Joseph E. Stiglitz explains in his new book, People, Power, and Profits, the situation is dire. A few corporations have come to dominate entire sectors of the economy, contributing to skyrocketing inequality and slow growth. This is how the financial industry has managed to write its own regulations, tech companies have accumulated reams of personal data with little oversight, and our government has negotiated trade deals that fail to represent the best interests of workers. Too many have made their wealth through exploitation of others rather than through wealth creation. If something isn’t done, new technologies may make matters worse, increasing inequality and unemployment. Stiglitz identifies the true sources of wealth and of increases in standards of living, based on learning, advances in science and technology, and the rule of law. He shows that the assault on the judiciary, universities, and the media undermines the very institutions that have long been the foundation of America’s economic might and its democracy. Helpless though we may feel today, we are far from powerless. In fact, the economic solutions are often quite clear. We need to exploit the benefits of markets while taming their excesses, making sure that markets work for us—the U.S. citizens—and not the other way around. If enough citizens rally behind the agenda for change outlined in this book, it may not be too late to create a progressive capitalism that will recreate a shared prosperity. Stiglitz shows how a middle-class life can once again be attainable by all. An authoritative account of the predictable dangers of free market fundamentalism and the foundations of progressive capitalism, People, Power, and Profits shows us an America in crisis, but also lights a path through this challenging time.

Making Global Value Chains Work for Development

Making Global Value Chains Work for Development
Author: Daria Taglioni
Publisher: World Bank Publications
Total Pages: 611
Release: 2016-06-10
Genre: Business & Economics
ISBN: 1464801622

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Economic, technological, and political shifts as well as changing business strategies have driven firms to unbundle production processes and disperse them across countries. Thanks to these changes, developing countries can now increase their participation in global value chains (GVCs) and thus become more competitive in agriculture, manufacturing and services. This is a paradigm shift from the 20th century when countries had to build the entire supply chain domestically to become competitive internationally. For policymakers, the focus is on boosting domestic value added and improving access to resources and technology while advancing development goals. However, participating in global value chains does not automatically improve living standards and social conditions in a country. This requires not only improving the quality and quantity of production factors and redressing market failures, but also engineering equitable distributions of opportunities and outcomes - including employment, wages, work conditions, economic rights, gender equality, economic security, and protecting the environment. The internationalization of production processes helps with very few of these development challenges. Following this perspective, Making Global Value Chains Work for Development offers a strategic framework, analytical tools, and policy options to address this challenge. The book conceptualizes GVCs and makes it easier for policymakers and practitioners to discuss them and their implications for development. It shows why GVCs require fresh thinking; it serves as a repository of analytical tools; and it proposes a strategic framework to guide policymakers in identifying the key objectives of GVC participation and in selecting suitable economic strategies to achieve them.