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9780321243775

The Global Economy: Contemporary Debates

by ;
  • ISBN13:

    9780321243775

  • ISBN10:

    0321243773

  • Format: Nonspecific Binding
  • Copyright: 2004-11-11
  • Publisher: Routledge
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Summary

The Global Economy: Contemporary Debatesintroduces students to contemporary issues in the global economy by presenting a series of provocative articles written by prominent voices. This innovative text examines attempts to shape opinion and influence public policy rather than simply surveying academic literature or promoting a theoretical argument. There is no other text quite like this on the market-most texts discuss theoretical aspects while Oatley challenges students to take a perspective. This debate-style approach encourages students to think actively and develop a point of view.

Table of Contents

PREFACE xiii
PART I Introduction 1(8)
PART II The Economic Impact of International Trade 9(54)
CHAPTER 1 TRADE AND JOBS IN THE UNITED STATES
11(24)
ROBERT E. SCOTT
Fast Track to Lost Jobs
13(14)
DOUGLAS A. IRWIN
The Employment Rationale for Trade Protection
27(8)
CHAPTER 2 MEXICO AND THE NORTH AMERICAN FREE TRADE AGREEMENT
35(8)
JOHN CAVANAGH, SARAH ANDERSON, JAIME SERRA, AND J. ENRIQUE ESPINOSA
Happily Ever NAFTA?
37(6)
CHAPTER 3 TRADE INTEGRATION AND ECONOMIC DEVELOPMENT
43(20)
DAVID DOLLAR AND AART KRAAY
Spreading the Wealth
46(9)
DANI RODRIK
Trading in Illusions
55(8)
PART III The World Trade Organization 63(106)
CHAPTER 4 THE DOHA DEVELOPMENT ROUND
65(18)
The Doha Round: The WTO Under Fire
68(15)
JAGDISH BHAGWATI
Don't Cry for Cancun
74(9)
CHAPTER 5 THE WORLD TRADE ORGANIZATION AND THE ENVIRONMENT
83(26)
LORI WALLACH AND MICHELLE SFORZA
The WTO's Environmental Impact
86(15)
MICHAEL M. WEINSTEIN AND STEVE CHARNOVITZ
The Greening of the WTO
101(8)
CHAPTER 6 THE WORLD TRADE ORGANIZATION AND POLITICAL LEGITIMACY
109(38)
DANIEL C. ESTY
The World Trade Organization's Legitimacy Crisis
111(16)
DAVID HENDERSON
WTO 2002: Imaginary Crisis, Real Problems
127(20)
CHAPTER 7 REGIONALISM AND MULTILATERALISM IN AMERICAN TRADE POLICY
147(22)
AMBASSADOR ROBERT B. ZOELLICK
Unleashing the Trade Winds: A Building-block Approach
150(6)
BERNARD K. GORDON
A High-Risk Trade Policy
156(13)
PART IV Multinational Corporations in the Global Economy 169(74)
CHAPTER 8 MULTINATIONAL CORPORATIONS AND THE RACE TO THE BOTTOM
171(30)
DEBORA SPAR AND DAVID YOFFIE
Multinational Enterprises and the Prospects for Justice
174(19)
DANIEL W. DREZNER
Bottom Feeders
193(8)
CHAPTER 9 MULTINATIONAL CORPORATIONS AND SWEATSHOPS
201(24)
PAUL KRUGMAN
In Praise of Cheap Labor: Bad Jobs at Bad Wages are Better than No Jobs at All
204(4)
JOHN MILLER
Why Economists Are Wrong About Sweatshops and the Antisweatshop Movement
208(17)
CHAPTER 10 REGULATING MULTINATIONAL CORPORATIONS
225(18)
GARY GEREFFI, RONIE GARCIA-JOHNSON AND ERIKA SASSER
The NGO-Industrial Complex
228(8)
DANIEL LITVIN
"Needed: A Global Business Code of Conduct"
236(7)
PART V Exchange Rates 243(64)
CHAPTER 11 STRONG DOLLAR OR WEAK DOLLAR?
245(12)
LAWRENCE LINDSEY
In the Dollar We Trust
247(4)
C. FRED BERGSTEN
Strong Dollar, Weak Dollar
251(6)
CHAPTER 12 THE DOLLAR VERSUS THE EURO?
257(30)
PATRICIA S. POLLARD
The Creation of the Euro and the Role of the Dollar in International Markets
259(19)
C. FRED BERGSTEN
The Dollar And the Euro
278(9)
CHAPTER 13 DEVELOPING COUNTRIES AND DOLLARIZATION
287(20)
RICARDO HAUSMANN
Currencies: Should There Be Five or One Hundred and Five?
290(8)
JEFFREY SACHSAND FELIPE LARRAIN
Why Dollarization Is More Straitjacket Than Salvation
298(9)
PART VI Developing Countries and Capital Flows 307(88)
CHAPTER 14 DEVELOPING COUNTRIES AND CAPITAL FLOWS
309(12)
JAGDISH BHAGWATI
The Capital Myth
311(5)
SEBASTIAN EDWARDS
A Capital Idea
316(5)
CHAPTER 15 THE INTERNATIONAL MONETARY FUND
321(18)
JOSEPH STIGLITZ
What I Learned at the World Economic Crisis
323(7)
KENNETH ROGOFF
The IMF Strikes Back
330(9)
CHAPTER 16 DEBT RELIEF
339(38)
WILLIAM EASTERLY
Forgive Us Our Debts
342(13)
JEFFREY D. SACHS
Resolving the Debt Crisis of Low-Income Countries
355(22)
CHAPTER 17 FOREIGN AID
377(18)
DAVID DOLLAR
Eyes Wide Open: On the Targeted Use of Foreign Aid
379(7)
WILLIAM EASTERLY
The Cartel of Good Intentions
386(9)
PART VII Globalization 395
CHAPTER 18 GLOBALIZATION: WHY NOW, AND WHAT IMPACT?
397(26)
JEFFREY D. SACHS
The Geography of Economic Development
400(11)
ROBERT M. DUNN JR
Has the U.S. Economy Really Been Globalized?
411(12)
CHAPTER 19 GLOBALIZATION AND GOVERNANCE
423
ROBERT WRIGHT
Continental Drift
425(8)
MARTIN WOLF
Will the Nation-State Survive Globalization?
433

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