In the passionate debate that currently rages over globalization, critics have been heard blaming it for a host of ills afflicting poorer nations, everything from child labor to environmental degradation and cultural homogenization. Now Jagdish Bhagwati, the internationally renowned economist, 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 and development economics, Bhagwati explains why the gotcha examples of the critics are often not as compelling as they seem. 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.
"Two questions arise from a book like ''In Defense of Globalization.'' Will it serve as a useful tool for those defending the merits of globalization? Will it persuade some of the opponents that they are wrong? The answers are mostly yes and mostly no." - The New York Times
When scholars write the history of the world twenty years from now, and they come to the chapter Y2K to March 2004, what will they say was the most crucial development? The attacks on the World Trade Center on 9/11 and the Iraq war? Or the convergence of technology and events
We live in a world of rapid and unprecedented change. There’s growing evidence that the massive scale and extent of human activities such as transport and release of novel chemicals are undermining the capacity of nature to generate key ecosystem services on which we depend. A variety of novel and unpredictable
To realize the current global stage, all you need to do is to look at your dinner table! It’s full of food from the four corners of the World; Salmon from Chile, sauce and spices from Brazil. Your dishes might be from China or Hungary, and glassware from the Czech Republic.
The global financial crisis has already inspired over a thousand books, not to mention myriad articles, blogs, and other commentary. Some are simply expressions of anger. Others document the hole we find ourselves in or perform forensics on how we nearly buried ourselves alive. Fewer focus on what is to be
Globalization has become by now a phe¬nomenon that is doomed to unending controversy, the focal point of always hostile passions and sometimes violent protests.
There are the critics of globalization whose discontents are well within the parameters of mainstream dissent and discourse.