In Defense of Globalization by Jagdish N Bhagwati

In Defense of Globalization by Jagdish N Bhagwati

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Summary

Drawing on his unparalleled knowledge of international economics, the author explains why the "gotcha" examples of the critics are often not as they seem, and that in fact globalization often alleviates many of the problems for which it has been blamed. He describes how globalization helps the cause of women around the world.

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In Defense of Globalization by Jagdish N Bhagwati

The riot-torn meeting of the World Trade Organization in Seattle in 1999 was only the most dramatic sign of the intensely passionate debate now raging over globalization, which critics blame for everything from child labour to environmental degradation, cultural homogenization, and a host of other ills afflicting poorer nations. Now Jagdish Bhagwati, the internationally renowned economist known equally for the clarity of his arguments and the sharpness of his pen, 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 economics, Bhagwati explains why the "gotcha" examples of the critics are often not as they seem, and that in fact globalization often alleviates many of the problems for which it has been blamed. For instance, when globalization leads to greater general prosperity in an underdeveloped nation, it quickly reduces child labour and increases literacy (when parents have sufficient income, they send their children to school, not work). The author describes how globalization helps the cause of women around the world and he shows how economic growth, when coupled with the appropriate environmental safeguards, does not necessarily increase pollution. And to counter the charge that globalization leads to cultural hegemony, to a bland "McWorld," Bhagwati points to the example of Salman Rushdie, a writer who blends Bombay slang and impeccable English in novels touched by magic realism borrowed from South American writers. Globalization leads not to cultural white bread but to a spicy hybrid of cultures. 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. Anyone who wants to understand what's at stake in the globalization wars must read "In Defense of Globalization".
Bhagwati pulls together the various aspects of the case in a compact volume aimed at the general readerTLS ...it is comprehensive, well-argued and very well written. Highly recommended. The Business Economist arguably the best book yet on the great issue of our time New Scientist an outstandingly effective book...a refreshingly straightforward apporach...Balanced, compelling and thorough in its use of evidence. Economist
SKU Unavailable
ISBN 13 9780195170252
ISBN 10 0195170253
Title In Defense of Globalization
Author Jagdish N Bhagwati
Condition Unavailable
Binding Type Hardback
Publisher Oxford University Press Inc
Year published 2004-03-01
Number of pages 320
Cover note Book picture is for illustrative purposes only, actual binding, cover or edition may vary.