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Library | Item Barcode | Call Number | Material Type | Item Category 1 | Status |
|---|---|---|---|---|---|
Searching... | 30000010290423 | HF1359 G653 2012 | Open Access Book | Book | Searching... |
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Summary
Summary
Globalization and its relation to poverty reduction and development are not well understood. This book explores the ways in which globalization can overcome poverty or make it worse. 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. 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 poverty reduction. It will be of interest to students, researchers, and anyone concerned with the effects of globalization on international development.
Author Notes
From 2001 to 2006, Prof. Goldin was at the World Bank, where he served as Director of Development Policy (2001 to 2003) and Vice President (2003 to 2006). From 1995 to 2001 he was Chief Executive and Managing Director of the Development Bank of Southern Africa. During this period, he served as an advisor to President Mandela. Previously, he worked at the European Bank for Reconstruction and Development (EBRD) and at the OECD Development Centre. Prof. Goldin holds a B.Sc. and B.A. (Hons) degree from the University of CapeTown, a M.Sc. from the London School of Economics and an M.A. and D.Phil. from the University of Oxford. He has received numerous awards and prizes, and has been knighted (Chevalier) by France and was nominated Global Leader of Tomorrow by the World Economic Forum. He has published over fifty articles and thirteen books, including Exceptional People: How Migration Shaped Our World and Will Define Our Future (PUP, 2011) and The Economics of Sustainable Development (CUP, 1995).Professor Reinert received his Ph.D. in Economics from the University of Maryland and held the positions of Senior International Economist at the US International Trade Commission and Associate Professor of Economics at Kalamazoo College. He has consulted for the World Trade Organization, the World Bank, the OECD Development Centre, and the US Department of Commerce. Professor Reinert has published over 60 journal articles and book chapters in the areas of international trade, economic development, and environmental policy. He has co-edited Applied Methods for Trade Policy Analysis: A Handbook (CUP, 1997), was Lead Editor-in-Chief of the two-volume Princeton Encyclopedia of the World Economy (PUP, 2009), and authored An Introduction to International Economics: New Perspectives on the World Economy (CUP, 2012).
Reviews 1
Choice Review
Goldin (Univ. of Oxford, UK) and Reinert (George Mason Univ.) aim to "provide an understanding of the main aspects of economic globalization and their impact on poverty and development." Their purpose is to identify the correct concerns and rebut misimpressions about globalization in the current public debate, thus creating a foundation for meaningful policy discussions. Recognizing that globalization is accompanied by systematic risks that can be economic in nature, such as those manifested in the recent financial crisis, the authors examine in some detail the key elements that underpin economic globalization: trade, finance, aid, and migration. Each element is examined in terms of its linkage to poverty reduction and development. The authors suggest economic policies that in the context of globalization can be a catalyst for growth and development and conversely alleviate poverty. It follows, therefore, that globalization is neither an unmitigated good nor evil for the poverty stricken of the world. Rather, the central message is that globalization can work for the poor, but it depends crucially on policies. With appropriate policies (national and international), "globalization can be managed so that its benefits are more widely shared ... and its negative impacts are identified and mitigated." Summing Up: Recommended. Upper-division undergraduate students through professionals as well as general readers. M. M. Cinyabuguma University of Maryland, Baltimore County
Table of Contents
| 1 Background and Context |
| 2 Globalization and Poverty |
| 3 Trade |
| 4 Finance |
| 5 Aid |
| 6 Migration |
| 7 Ideas |
| 8 Toward A Policy Agenda |
