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More copies of this ISBNThis title in other editionsWhy Globalization Worksby Martin Wolf
Synopses & ReviewsPublisher Comments: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.
Martin Wolf is associate editor and chief economics commentator at the Financial Times in London. Formerly senior economist at the World Bank’s division for international trade, he has worked in Kenya, Zambia, and India. He has been visiting professor at Oxford, Nottingham, and Rotterdam Universities and fellow of the World Economic Forum in Davos, Switzerland.
Book News Annotation:Wolf (associate editor and chief economics commentator at the
Financial Times of London) provides a defense of capitalist
globalization or "a liberal international economic order" to a
general audience. He first offers an argument for a liberal market
economy, utilizing fairly standard references to the "mutually
reinforcing and interdependent relationship between the market and
the democratic state," and sketches a positive portrait of the
history of globalization. While conceding the accuracy of some (very
few) criticisms of market globalization, he devotes much of the work
to rebutting critics arguments about globalization being a cause of
global impoverishment, corporate domination, threats to the
sovereignty of the democratic state, and the race to the bottom in
environmental and social regulation.
Annotation ©2004 Book News, Inc., Portland, OR (booknews.com) Synopsis:A highly distinguished international economist scrupulously explains how globalization works as a concept and how it operates in reality. Wolf confronts the charges against globalization, delivers a devastating critique of each, and offers a realistic scenario for economic internationalism in the future. Synopsis: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. Martin Wolf is associate editor and chief economics commentator at the Financial Times in London. Formerly senior economist at the World Bank’s division for international trade, he has worked in Kenya, Zambia, and India. He has been visiting professor at Oxford, Nottingham, and Rotterdam Universities and fellow of the World Economic Forum in Davos, Switzerland. What Our Readers Are SayingBe the first to add a comment for a chance to win!Product Details
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