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George Soros on Globalizationby George Soros
Synopses & Reviews
Never before have we stood to gain or lose as much from understanding the international economy. Scandals plague the world's largest corporations, the American trade deficit has soared to historic heights, and international organizations from the World Bank to the WTO are accused of being inefficient and corrupt. Is our global economy as unhealthy, and as unjust, as we think? And what can be done about it?
At this critical juncture, George Soros, a major proponent of globalization, takes to task the many institutions that have failed to keep pace with our global economy. At the same time, he offers a compelling new paradigm to bring the institutions and the economy back into necessary alignment. Economics are amoral, he argues - but neither our society nor our economy can afford to function without a distinct system of right and wrong. As we look toward the future and wonder what's ailing our economy, where our jobs are going, and whether the power of economics can be harnessed for positive changes, this thoroughly updated edition of George Soros on Globalization is a report no citizen of the world can do without.
Book News Annotation:
This is a paperbound reprint of a 2002 book. Arguing that economic globalization has led to the creation of wealth but that the distribution of goods has been lopsided, financier Soros puts forth some recommendations towards the reform of the global economy. He argues that the international financial and trade institutions need to be reformed and suggests that although the World Trade Organization's rules-based system is good for the transfer of private goods, it needs to be complemented by an incentives based system for the provision of public good.
Annotation ©2004 Book News, Inc., Portland, OR (booknews.com)
"Now in paperback: George Soros' ""powerful"" and ""brilliant"" report on the state of our international institutions (New York Review of Books)"
George Soros' provocative report on globalization, and his new agenda for the leading nations of the world.
About the Author
George Soros heads Soros Fund Management and is the founder of a global network of foundations dedicated to supporting open societies. He is the author of several bestselling books, including The Crisis of Global Capitalism, Open Society, and, most recently, The Bubble of American Supremacy.
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History and Social Science » Economics » General