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Challenges to Globalization

Author : Robert E. Baldwin
Publisher : University of Chicago Press
Page : 560 pages
File Size : 19,10 MB
Release : 2007-11-01
Category : Business & Economics
ISBN : 0226036553

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People passionately disagree about the nature of the globalization process. The failure of both the 1999 and 2003 World Trade Organization's (WTO) ministerial conferences in Seattle and Cancun, respectively, have highlighted the tensions among official, international organizations like the WTO, the International Monetary Fund (IMF), the World Bank, nongovernmental and private sector organizations, and some developing country governments. These tensions are commonly attributed to longstanding disagreements over such issues as labor rights, environmental standards, and tariff-cutting rules. In addition, developing countries are increasingly resentful of the burdens of adjustment placed on them that they argue are not matched by commensurate commitments from developed countries. Challenges to Globalization evaluates the arguments of pro-globalists and anti-globalists regarding issues such as globalization's relationship to democracy, its impact on the environment and on labor markets including the brain drain, sweat shop labor, wage levels, and changes in production processes, and the associated expansion of trade and its effects on prices. Baldwin, Winters, and the contributors to this volume look at multinational firms, foreign investment, and mergers and acquisitions and present surprising findings that often run counter to the claim that multinational firms primarily seek countries with low wage labor. The book closes with papers on financial opening and on the relationship between international economic policies and national economic growth rates.

Challenges of Globalization and Prospects for an Inter-civilizational World Order

Author : Ino Rossi
Publisher : Springer Nature
Page : 1104 pages
File Size : 34,8 MB
Release : 2020-11-24
Category : Social Science
ISBN : 3030440583

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This is a must-read volume on globalization in which some of the foremost scholars in the field discuss the latest issues. Truly providing a global perspective, it includes authorship and discussions from the Global North and South, and covers the major facets of globalization: cultural, economic, ecological and political. It discusses the historical developments in governance preceding globalization, the diverse theoretical and methodological approaches to globalization, and analyzes underdevelopment, anti-globalization movements, global poverty, global inequality, and the debates on international trade versus protectionism. Finally, the volume looks to the future and provides prospects for inter-civilizational understanding, rapprochement, and global cooperation. This will be of great interest to academics and students of sociology, social anthropology, political science and international relations, economics, social policy, social history, as well as to policy makers.

Labour and the Challenges of Globalization

Author : Andreas Bieler
Publisher : Pluto Press (UK)
Page : 356 pages
File Size : 45,96 MB
Release : 2008-02-20
Category : Business & Economics
ISBN :

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This book critically examines the responses of the working classes of the world to the challenges posed by the neoliberal restructuring of the global economy. Neoliberal globalisation, the book argues, has created new forms of polarisation in the world. A renewal of working class internationalism must address the situation of both the more privileged segments of the working class and the more impoverished ones. The study identifies new or renewed labour responses among formalised core workers as well as those on the periphery, including street-traders, homeworkers and other 'informal sector' workers. The book contains ten country studies, including India, China, South Korea, Japan, Germany, Sweden, Canada, South Africa, Argentina and Brazil. It argues that workers and trade unions, through intensive collaboration with other social forces across the world, can challenge the logic of neoliberal globalization.

Meeting Globalization's Challenges

Author : Luís Catão
Publisher : Princeton University Press
Page : 304 pages
File Size : 47,28 MB
Release : 2019-11-05
Category : Business & Economics
ISBN : 0691188939

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"In the US, in Europe, and throughout the world, globalization, in tandem with technological progress, has left a massive number of people behind, feeling dispossessed, disenfranchised, and angry. Leading the charge of "hyperglobalization" during the second half of the last century, and enforcing the Western framework of austerity in the developing world has been the International Monetary Fund. Along with the World Bank and WTO, many consider the IMF one of the most consequential institutions to have pushed the world economy blindly towards excessive globalization, while not adequately considering its powerful negative consequences. In October 2017, however, the IMF convened with some of the world's most celebrated economists and experts on trade and globalization to have an honest discussion on the most pressing concerns the world faces today as a result of globalization, and how to address the extensive challenges it has created. Edited by chief economist Maurice Obstfeld and senior economist Luis Catao of the IMF, the book brings together a team of respected senior economists with the most promising younger scholars to address five major themes: how globalization affects economic growth and social welfare; potential political implications of an honest discussion of globalization, and that "free trade may not be politically viable"; free trade's role in global inequality; how workers adjust or not when they're dislocated by globalization; and how trade policy influences the way countries develop their economies and societies. The book could represent a historic milestone at which the world's top economists and policymakers have an unprecedented, honest debate about the real costs and consequences of globalization"--

South-South Globalization

Author : S. Mansoob Murshed
Publisher : Routledge
Page : 385 pages
File Size : 26,59 MB
Release : 2011-06-16
Category : Business & Economics
ISBN : 1136707719

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Two prominent features of the current global economy are the world-wide recession brought about by the recent financial crisis, and the emergence of major economic powers from within the developing world such as Brazil, China and India. The former represents the failure of global regulatory policies and macroeconomic imbalances between surplus and deficit countries; the latter is symptomatic of a partial shift in economic power towards developing nations, who are often collectively labelled the global South. The macroeconomic imbalances are unsustainable in the longer run as they mean greater absorption relative to income in deficit nations; they require corrective action and international policy coordination. Reducing imbalances also requires large developing countries to raise their domestic consumption and also imports from the rest of the world and international financial institutions to operate as a lender of last resort. Furthermore, the engines of global growth, especially for developing countries, may no longer lie solely in the traditional developed country markets in the USA, Europe and Japan, known collectively as the global North. Rather South-South trade is growing rapidly, and that could be an engine of growth for the global economy, including both developed and developing countries. The various chapters in this edited volume address issues surrounding global imbalances and the prospects for growth in developing countries propelled by South-South interaction. This book should be of interest to students and researchers focussing on political economics, international economics, globalization, global imbalance and the world-wide recession after 2008.

Globalization and Environmental Challenges

Author : Hans Günter Brauch
Publisher : Springer Science & Business Media
Page : 1141 pages
File Size : 26,22 MB
Release : 2008-01-23
Category : Social Science
ISBN : 3540759778

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Put quite simply, the twin impacts of globalization and environmental degradation pose new security dangers and concerns. In this new work on global security thinking, 91 authors from five continents and many disciplines, from science and practice, assess the worldwide reassessment of the meaning of security triggered by the end of the Cold War and globalization, as well as the multifarious impacts of global environmental change in the early 21st century.

Challenges of Globalization

Author : Marika Lerch
Publisher : Routledge
Page : 425 pages
File Size : 34,69 MB
Release : 2017-12-02
Category : Political Science
ISBN : 1351529625

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"Globalization has been the ""buzzword"" in international political and academic discourse since the 1990s. It is used as a general descriptor of a world in which borders are becoming less and less important, while transnational flows of capital and goods, but also of ideas and people, cultural norms and values, crime, war, and viruses are increasing.If globalization's dynamics are to be fully understood, a reasonable critique is to be formulated, and realistic political proposals to meet the challenges of globalization are to be developed, this complex phenomenon must be dissected. Challenges of Globalization brings together prominent authors of different national backgrounds. They look beyond the buzzword to provide a genuinely ""global"" view of globalization. The editors' introduction provides a ""roadmap"" through the globalization debate and shows the connections between the different aspects covered in detail in the various contributions.This volume deals with two major issues: first, the economic, societal, ecological, and political consequences of globalization, including--but also going beyond--the identification of globalization's ""winners and losers"" worldwide; and second, solutions that have emerged from the current political debate to cope with the various challenges. These include the creation of new global governance structures, fostering a ""global civil society"" that might enhance the democratic legitimacy of global governance, and strategies to be implemented at national and regional levels, allowing states to adapt in ways that make liberalization compatible with development in poor countries and enable the rescue of the welfare state in rich countries.Challenges of Globalization serves as a multi-dimensional and accessible introduction to the globalization debate, and will be of particular interest to academics, policymakers, and international agencies."

Africa and Globalization

Author : Toyin Falola
Publisher : Springer
Page : 261 pages
File Size : 39,42 MB
Release : 2018-05-30
Category : History
ISBN : 3319749056

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This book considers the promises and challenges of globalization for Africa. Why have African states been perennially unable to diversify their economies and move beyond export of primary produce, even as Southeast Asia has made a tremendous leap into manufacturing? What institutional impediments are in play in African states? What reforms would mitigate the negative effects of globalization and distribute its benefits more equitably? Covering critical themes such as political leadership, security challenges, the creative sector, and community life, essays in this volume argue that the starting point for Africa’s meaningful engagement with the rest of the world must be to look inward, examine Africa’s institutions, and work towards reforms that promote inclusiveness and stability.

Fair Trade

Author : Laura T. Raynolds
Publisher : Routledge
Page : 324 pages
File Size : 35,23 MB
Release : 2007-06-11
Category : Political Science
ISBN : 1134002629

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This book explores the challenges and potential of Fair Trade, one of the world’s most dynamic efforts to enhance global social justice and environmental sustainability through market based social change. Fair Trade links food consumers and agricultural producers across the Global North/ South divide and lies at the heart of key efforts to reshape the global economy. This book reveals the challenges the movement faces in its effort to transform globalization, emphasizing the inherent tensions in working both in, and against, the market. It explores Fair Trade’s recent rapid growth into new production regions, market arenas, and commodity areas through case studies of Europe, North America, Africa, and Latin America undertaken by prominent scholars in each region. The authors draw on, and advance, global commodity and value chain analysis, convention, and social movement approaches through these case studies and a series of synthetic analytical chapters. Pressures for more radical and more moderate approaches intertwine with the movement’s historical vision, reshaping Fair Trade’s priorities and efforts in the Global North and South. Fair Trade will be of strong interest to students and scholars of politics, globalization, sociology, geography, economics and business.