In Defense of Globalization With a New Afterword

by Bhagwati, Jagdish

• ISBN13: 9780195330939
• ISBN10: 0195330935
• Edition: Reprint
• Format: Paperback
• Copyright: 2007-09-04
• Publisher: Oxford University Press

Summary

In the passionate debate that currently rages over globalization, critics have been heard blaming it for a host of ills afflicting poorer nations, everything from child labor to environmental degradation and cultural homogenization. Now Jagdish Bhagwati, the internationally renowned economist,takes on the critics, revealing that globalization, when properly governed, is in fact the most powerful force for social good in the world today. Drawing on his unparalleled knowledge of international and development economics, Bhagwati explains why the "gotcha" examples of the critics are oftennot as compelling as they seem. With the wit and wisdom for which he is renowned, Bhagwati convincingly shows that globalization is part of the solution, not part of the problem.

Author Biography

Jagdish Bhagwati is University Professor at Columbia University and Senior Fellow in International Economics at the Council on Foreign Relations. He writes frequently for The New York Times, The Wall Street Journal, and The Financial Times and is the author of Free Trade Today, The Wind of the Hundred Days: How Washington Mismanaged Globalization, and A Stream of Windows: Unsettling Reflections on Trade, Immigration, and Democracy. He lives in New York City.

Table of Contents

Preface	p. ix
Coping with Anti-Globalization
Anti-Globalization: Why?	p. 3
Globalization: Socially, Not Just Economically, Benign	p. 28
Globalization Is Good but Not Good Enough	p. 32
Non-Governmental Organizations	p. 36
Globalization's Human Face: Trade and Corporations
Poverty: Enhanced or Diminished?	p. 51
Child Labor: Increased or Reduced?	p. 68
Women: Harmed or Helped?	p. 73
Democracy at Bay?	p. 92
Culture Imperiled or Enriched?	p. 106
Wages and Labor Standards at Stake?	p. 122
Environment in Peril?	p. 135
Corporations: Predatory or Beneficial?	p. 162
Other Dimensions of Globalization
The Perils of Gung-ho International Financial Capitalism	p. 199
International Flows of Humanity	p. 208
Appropriate Governance: Making Globalization Work Better
Appropriate Governance: An Overview	p. 221
Coping with Downsides	p. 228
Accelerating the Achievement of Social Agendas	p. 240
Managing Transitions: Optimal, Not Maximal, Speed	p. 253
In Conclusion
And So, Let Us Begin Anew	p. 265
Afterword	p. 267
Glossary: Acronyms, Phrases and Concepts	p. 287
Notes	p. 293
Index	p. 319
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