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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.
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.
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.
The book defines the big historical trends, identifies the main globalization processes - trade, finance, aid, migration, and ideas - and examines how each can contribute to economic development.
Relationships between social policy and human development are the subject of much research and theorizing. The literature in this area, however, examines these issues strictly within national contexts. What influence will international agendas such as NAFTA, the World Summit for Social Development, and Habitat II have? Transnational Social Policies specifically addresses the worldwide trend for national policies on human and social development to be increasingly influenced by agendas that are international, or "transnational," in nature. In doing so, the book examines the underlying international developmental, ethical, economic, and political issues shaping national policies in health, education, and employment in the developing world. This book's focus on the "transnational" character of the social policy debate makes it a truly unique and original contribution to the literature. It will appeal to the academic community, worldwide, in international development, public policy and administration, and social work; policymakers, researchers, and practitioners in the field of public (social) policy; and the international community of individuals and organizations working in international social development.
Globalization and its relation to poverty reduction and development is not well understood. The book identifies the ways in which globalization can overcome poverty or make it worse. The book defines the big historical trends, identifies main global flows - trade, finance, aid, migration, and ideas - and examines how each can contribute to undermine economic development. By considering what helps and what does not, the book presents policy recommendations to make globalization more effective as a vehicle for shared growth and prosperity. It will be of interest to students, researchers and anyone interested in the effects of globalization in today's economy and in international development issues.
This new anthology offers a wide selection of readings addressing the contemporary moral issues that arise from the division between the Global North and South—“the problem of the color-line” that W.E.B. Du Bois identified at the beginning of the twentieth century and which, on a scale that Du Bois could not have foreseen, is the problem of the twenty-first. The book is interdisciplinary in scope. In addition to standard topical essays in ethical theory by philosophers such as Anthony Appiah, Martha Nussbaum, and Peter Singer, it contains essays from economists such as Amartya Sen, Joseph Stiglitz, and Thomas DeGregori, as well as current empirical data from the World Bank, IMF, United Nations, and other sources.
This volume brings together multidisciplinary, situated and nuanced analyses of contingent issues framing a rapidly changing India in the 21st century. It moves beyond the ready dichotomies that are often extended to understand India as a series of contrasts and offers new insights into the complex realities of India today, thereby enabling us to anticipate the decades to come. The editors focus on three major themes, each discussed in a section: The first section, Framing the Macro-Economic Environment, defines the framework for interrogating globalisation and socio-economic changes in India over the last few decades of the 20th century spiraling into India in the 21st century. The next section, Food Security and Natural Resources, highlights critical considerations involved in feeding a burgeoning population. The discussions pose important questions in relation to the resilience of both people and planet confronting increasingly unpredictable climate-induced scenarios. The final section, Development, Activism and Changing Technologies, discusses some of the social challenges of contemporary India through the lens of inequalities and emergent activisms. The section concludes with an elaboration of the potential and promise of changing technologies and new social media to build an informed and active citizenry across existing social divides.
What are Canada’s various links with international development and globalization? They extend beyond foreign aid to diplomacy, trade, finance, aid, immigration, military intervention (both peacekeeping and combat roles), membership in a variety of international organizations, relations with indigenous peoples, and people-to-people links. This multi-disciplinary and multi-author textbook, designed for first- or second-year students, introduces the main concepts, theories, and perspectives that have shaped Canada’s interactions with developing countries in a globalizing world. It starts by considering Canada as a case study in international development and globalization. It examines Canada’s diplomatic, economic, military, social, immigration and aid policies, how they have changed over time and how they have interacted with each other and with Canada’s treatment of Indigenous peoples. The book presents economic, political, and cultural dimensions of the process of globalization and the ways they affect Canada; examines the public institutions, private sector and civil society organizations in Canada; and explores the moral imperatives behind Canadian international policy. Finally, it examines current issues, including Canada’s promotion of human rights, democracy, good governance, support to the private sector, and relations with fragile and conflict-affected states and the emerging economies. Finalist - PROSE Award, Textbook/Social Sciences January 2019 This book is published in English. - Comment se déploient les interventions du Canada en matière de développement international et de mondialisation ? Bien au-delà de l’aide à l’étranger, celles-ci touchent la diplomatie, le commerce, les finances, l’aide, l’immigration, les interventions militaires, l’adhésion à des organisations internationales et des liens entre personnes. Conçu pour les étudiants de première et de deuxième année du premier cycle, ce manuel multidisciplinaire est une initiation aux principaux concepts, idées, théories et approches qui forment le contexte historique et les fondations mêmes des interactions du Canada avec les pays en développement à l’ère de la mondialisation. Il aborde la question de la diplomatie canadienne et de son évolution, examine les politiques canadiennes en matière d’immigration, d’aide, de politique, d’économie, militaires et sociales. Il présente les dimensions économiques, politiques et culturelles du processus de mondialisation et les façons dont elles touchent le Canada, les institutions et politiques en lien avec le développement, les organismes du secteur privé et la société civile au Canada et les impératifs moraux qui sous-tendent la politique internationale canadienne. Enfin, il examine les droits humains, la démocratie, la bonne intendance, le soutien au secteur privé, les relations avec des états fragilisés et les liens avec les économies en émergence. Finaliste - PROSE Award, Textbook/Social Sciences Janvier 2019 Ce livre est publié en anglais.
The Middle East and North Africa (MENA) is an economically diverse region. Despite undertaking economic reforms in many countries, and having considerable success in avoiding crises and achieving macroeconomic stability, the region’s economic performance in the past 30 years has been below potential. This paper takes stock of the region’s relatively weak performance, explores the reasons for this out come, and proposes an agenda for urgent reforms.