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Bhagwati, Jagdish In Defense of Globalization
Oxford University Press, USA March 1, 2004 0-19-517025-3 / 9780195170252 Hardcover Near Fine/Fine
In this elegant book, one of the world's preeminent economists distills his thinking about globalization for the lay reader. Bhagwati, a former advise r to the U.N. on globalization, sets out to show that "this process has a h uman face, but we need to make that face more agreeable." Armed with a wit uncharacteristic of most writing on economics and drawing on references fro m history, philosophy and literature as well as some "state of the art econ ometric analysis," he sets out to prove that the antiglobalization movement has exaggerated claims that globalization has done little good for poor co untries. For example, supported by statistics from the Asian Development Ba nk, he argues, astonishingly, that in China the "aggressively outward econo mic policies" that characterize globalization reduced poverty from 28% of t he population in 1978 to 9% in 1998. Nevertheless, Bhagwati does not advoca te total laissez-faire economics and recommends that continued globalizatio n should be "managed," prescribing policies he believes will "reinforce and ensure" its benign effects, such as taxing skilled workers who leave poor countries for jobs abroad, using nongovernmental organizations as corporate watchdogs, slowing financial liberalization and loosening intellectual pro perty safeguards. This book might be seen as a companion piece to 2002's be stselling Globalization and Its Discontents by Joseph Stiglitz, Bhagwati's colleague at Columbia University; it should reach as broad an audience, if not broader. Don't be deceived by its relative brevity: this is a substanti al study that is as about as enjoyable-and reassuring-a work of economics a
Price:
2000.00 JPY
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