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"He finds in the international development community a close-knit coalition of policy makers who have inserted themselves into the local political process and pushed the Honduran nation-state to conform to international norms and integrate into a transnational structure of governance.
"The IMF and the World Bank have integrated a large number of countries into the world economy by requiring governments to open up to global trade, investment, and capital. They have not done this out of pure economic zeal. Politics and their own rules and habits explain much of why they have presented globalization as a solution to challenges they have faced in the world economy."—from the IntroductionThe greatest success of the International Monetary Fund and the World Bank has been as globalizers. But at whose cost? Would borrowing countries be better off without the IMF and World Bank? This book takes readers inside these institutions and the governments they work with. Ngaire Woods brilliantly decodes what they do and why they do it, using original research, extensive interviews carried out across many countries and institutions, and scholarship from the fields of economics, law, and politics.The Globalizers focuses on both the political context of IMF and World Bank actions and their impact on the countries in which they intervene. After describing the important debates between U.S. planners and the Allies in the 1944 foundation at Bretton Woods, she analyzes understandings of their missions over the last quarter century. She traces the impact of the Bank and the Fund in the recent economic history of Mexico, of post-Soviet Russia, and in the independent states of Africa. Woods concludes by proposing a range of reforms that would make the World Bank and the IMF more effective, equitable, and just.
Since 2008, when Fixing Global Finance was first published, the collapse of the housing and credit bubbles of the 2000s has crippled the world’s economy. In this updated edition, Financial Times columnist Martin Wolf explains how global imbalances helped cause the financial crises now ravaging the U.S. economy and outlines steps for ending this destructive cycle—of which this is the latest and biggest. An expanded conclusion recommends near- and long-term measures to stabilize and protect financial markets in the future. Reviewing global financial crises since 1980, Wolf lays bare the links between the microeconomics of finance and the macroeconomics of the balance of payments, demonstrating how the subprime lending crisis in the United States fits into a pattern that includes the economic shocks of 1997, 1998, and early 1999 in Latin America, Russia, and Asia. He explains why the United States became the “borrower and spender of last resort,” makes the case that this was an untenable arrangement, and argues that global economic security depends on radical reforms in the international monetary system and the ability of emerging economies to borrow sustainably in domestic currencies. Sharply and clearly argued, Wolf’s prescription for fixing global finance illustrates why he has been described as "the world's preeminent financial journalist."
One of the most notable changes in the world economy during the past three decades has been the diverging trends in the growth of the developing countries. This book examines the opportunities open to the least developed countries as they design their strategies to accelerate growth and alleviate poverty.
For Harry Redner, the phrase "beyond civilization" refers to the new and unprecedented condition the world is now entering‘specifically, the condition commonly known as globalization. Redner approaches globalization from the perspective of history and seeks to interpret it in relation to previous key stages of human development. His account begins with the Axial Age (700 300 BC) and proceeds through Modernity (after AD 1500) to the present global condition. What is globalization doing to civilization? In answering this question, Redner studies the role played by capitalism, the state, science and technology. He aims to show that they have had a catalytic impact on civilization through their reductive effect on society, culture, and individualism. However, Redner is not content to diagnose the ills of civilization; he also suggests how they might be ameliorated by cultural conservation. Above all, it is to the problem of decline in the higher forms of literacy that he addresses himself, for it is on the culture of the book that previous civilizations were founded. This study will be of interest to sociologists, historians, and social and political theorists. Its style makes it accessible also to general readers, interested in civilization past, present, and future.
Gender Development and Globalization is the leading primer on global feminist economics and development. Gender is a development issue because social considerations are not easily incorporated into institutions such as policies, regulations, markets and organizations. This process is often referred to as the mainstreaming of gender in development institutions. Women are often in a disadvantaged position in terms of access to assets, services, information and formal decision-making status. Gender equality is considered a critical element in achieving Decent Work for All Women and Men, in order to effect social and institutional change that leads to sustainable development with equity and growth. Gender equality refers to equal rights, responsibilities and opportunities that all persons should enjoy, regardless of whether one is born male or female. Gender developmental scientists are concerned with age-related changes in gender typing, and more broadly, with many issues about the emergence and patterning of gendered behaviors and thinking. Description of these changes is vitally important as it informs theoretical approaches to gender development. Using a broad lens on age-related changes provides important information describing how development occurs, but shorter time frames are also useful for identifying processes that may underlie developmental patterns. Gender has been increasingly acknowledged as a critical variable in analysis and development planning. Gender is an expression of power in social relationship between men and women. The book will be very useful to academicians, researchers, planners, students, NGOs, civil societies and all those who are interested in women studies in general and gender issues in contexts in particular.
This book is a spin-off from a highly successful seminar series jointly organized by the Division of Economics of the Nanyang Technological University (NTU) and the Ministry of Education (MOE) of Singapore. The seminars discuss contemporary domestic and regional economic issues and public policies that are relevant to the everyday lives of Singaporeans. The wish to introduce these economic issues to a broader audience outside the confinement of a lecture theatre, came to fruition, with the completion of this book.This book contains 13 chapters that are grouped under three sections. Under the section, ?Public Policies and Economic Issues of Singapore?, Singapore's public policies in the areas of healthcare, Central Provident Fund, and monetary policy are explored, as well as issues concerning Singapore's economic development, such as economic transformation, innovation and capital accumulation are discussed. The second section, ?Singapore and the Region in a Globalized World?, looks at the challenges and opportunities presented to Singapore and the region in an increasingly globalized world. Current issues on the sub-prime crisis and Asian monetary integration are also discussed. The last section, ?Other Economic Issues?, consists of papers in specific areas such as economics of medical decisions, economics of love, and the role of exchange rates in foreign direct investment.
Combining theoretical analysis with insights derived from interactions with trade negotiators, this book analyzes the issues surrounding the creation of newtrade rules', addressing trade topics including the trade and development linkage.
From boycotting Nestlé in the 1970s to lobbying against NAFTA to the "Battle of Seattle" protests against the World Trade Organization in the 1990s, No Globalization Without Representation is the story of how consumer and environmental activists became significant players in U.S. and world politics at the twentieth century's close.