In Defense of Globalization

With a New Afterword

by Jagdish Bhagwati

Number of pages: 344

Publisher: Oxford University Press

BBB Library: Technology and Globalization

ISBN: 978-0195330939



About the Author

Jagdish Bhagwati is University Professor at Columbia University and Senior Fellow in International Economics at the Council on Foreign Relations. He has been Economic Policy Adviser to Arthur Dunkel, Director General of GATT (1991-93), Special Adviser to the UN on Globalization, and External Adviser to the WTO. He has served on the Expert Group appointed by the Director General of the WTO on the Future of the WTO and the Advisory Committee to Secretary General Kofi Annan on the NEPAD process in Africa. Also, he was a member of the Eminent Persons Group under the chairmanship of President Fernando Henrique Cardoso on the future of UNCTAD.

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Editorial Review

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.

Book Reviews

"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

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Wisdom to Share

Globalization first became a buzzword.

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.

Globalization can mean many things.

Economic globalization is the favored target of many of the critics of globalization.

There are the critics of globalization whose discontents are well within the parameters of mainstream dissent and discourse.

Global Exchange and its radical chic are really a fringe phenom¬enon.

Far too many among the young who see capitalism as a system that cannot address meaningfully questions of social justice.