Author: Richard Baldwin

Publisher: Harvard University Press

ISBN: 067466048X

Category: Business & Economics

Page: 329

View: 2926

From 1820 to 1990 the share of world income going to today’s wealthy nations soared from 20% to 70%. That share has recently plummeted. Richard Baldwin shows how the combination of high tech with low wages propelled industrialization in developing nations, deindustrialization in developed nations, and a commodity supercycle that is petering out.
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Author: Richard Baldwin

Publisher: Harvard University Press

ISBN: 0674972686

Category: Business & Economics

Page: 330

View: 3232

From 1820 to 1990 the share of world income going to today’s wealthy nations soared from 20% to 70%. That share has recently plummeted. Richard Baldwin shows how the combination of high tech with low wages propelled industrialization in developing nations, deindustrialization in developed nations, and a commodity supercycle that is petering out.
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The Authority of Interpretive Communities

Author: Stanley Eugene Fish

Publisher: Harvard University Press

ISBN: 9780674467262

Category: Literary Criticism

Page: 394

View: 962

Essays reexamine the fundamental assumptions of literary criticism, and the debate about interpretation, and offer a fresh approach to thinking about literature
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Asia, the West, and the Logic of One World

Author: Kishore Mahbubani

Publisher: PublicAffairs

ISBN: 1610390342

Category: Political Science

Page: 328

View: 3279

The twenty-first century has seen a rise in the global middle class that brings an unprecedented convergence of interests and perceptions, cultures and values. Kishore Mahbubani is optimistic. We are creating a new global civilization. Eighty-eight percent of the world's population outside the West is rising to Western living standards, and sharing Western aspirations. Yet Mahbubani, one of the most perceptive global commentators, also warns that a new global order needs new policies and attitudes. Policymakers all over the world must change their preconceptions and accept that we live in one world. National interests must be balanced with global interests. Power must be shared. The U.S. and Europe must cede some power. China and India, Africa and the Islamic world must be integrated. Mahbubani urges that only through these actions can we create a world that converges benignly. This timely book explains how to move forward and confront many pressing global challenges.
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Author: Branko Milanovic

Publisher: Harvard University Press

ISBN: 0674969766

Category: Business & Economics

Page: 311

View: 2268

Branko Milanovic presents a bold account of the dynamics that drive inequality on a global scale. Using vast data sets, he explains the forces that make inequality rise and fall within and among nations over time. He reveals who has been helped by globalization, who has been hurt, andwhat policies might tilt the balance toward economic justice.
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A Global Perspective

Author: Leonid Grinin,Andrey Korotayev

Publisher: Springer

ISBN: 331917780X

Category: Business & Economics

Page: 251

View: 6388

This new monograph provides a stimulating new take on hotly contested topics in world modernization and the globalizing economy. It begins by situating what is called the Great Divergence--the social/technological revolution that led European nations to outpace the early dominance of Asia--in historical context over centuries. This is contrasted with an equally powerful Great Convergence, the recent economic and technological expansion taking place in Third World nations and characterized by narrowing inequity among nations. They are seen here as two phases of an inevitable global process, centuries in the making, with the potential for both positive and negative results. This sophisticated presentation examines: Why the developing world is growing more rapidly than the developed world. How this development began occurring under the Western world's radar. How former colonies of major powers grew to drive the world's economy. Why so many Western economists have been slow to recognize the Great Convergence. The increasing risk of geopolitical instability. Why the world is likely to find itself without an absolute leader after the end of the American hegemony A work of rare scope, Great Divergence and Great Convergence gives sociologists, global economists, demographers, and global historians a deeper understanding of the broader movement of social and economic history, combined with a long view of history as it is currently being made; it also offers some thrilling forecasts for global development in the forthcoming decades.
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The Making of Things and the End of Globalization

Author: Finbarr Livesey

Publisher: Vintage

ISBN: 1101871229

Category: Business & Economics

Page: 224

View: 9527

This brilliantly original book dismantles the underlying assumptions that drive the decisions made by companies and governments throughout the world, to show that our shared narrative of the global economy is deeply flawed. If left unexamined, they will lead corporations and countries astray, with dire consequences for us all. For the past fifty years or so, the global economy has been run on three big assumptions: that globalization will continue to spread, that trade is the engine of growth and development, and that economic power is moving from the West to the East. More recently, it has also been taken as a given that our interconnectedness—both physical and digital—will increase without limit. But what if all these ideas are wrong? What if everything is about to change? What if it has already begun to change but we just haven't noticed? Increased automation, the advent of additive manufacturing (3D printing, for example), and changes in shipping and environmental pressures, among other factors, are coming together to create a fast-changing global economic landscape in which the rules are being rewritten—at once a challenge and an opportunity for companies and countries alike.
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Global Prosperity and How to Achieve It

Author: Pankaj Ghemawat

Publisher: Harvard Business Review Press

ISBN: 1422142752

Category: Business & Economics

Page: 400

View: 2895

Since the financial crisis of 2008, many of us have had to reexamine our beliefs about markets and globalization. How integrated should economies really be? How much regulation is right? Many people fuse these two dimensions of choice into one, either favoring both globalization and deregulation—or opposing both of them. It doesn’t have to be that way. In World 3.0, award-winning author and economist Pankaj Ghemawat reveals the folly in both of these responses. He calls for a third worldview—one in which both regulation and cross-border integration coexist and complement one another. Ghemawat starts by exposing common assumptions about globalization to hard data, proving that the world is not nearly as globalized as we think. And he explains why the potential gains from further integration are much larger than even pro globalizers tend to believe. He then tackles market failures and fears—job losses, environmental degradation, macroeconomic volatility, and trade and capital imbalances—that opponents of globalization often invoke. Drawing on compelling data, he shows that increased globalization can actually alleviate some of these problems. Finally, Ghemawat describes how a wide range of players—businesses, policy makers, citizens, media—can help open up flows of ideas, people, and goods across borders, but in ways that maximize the benefits and minimize the potential side effects. World 3.0 dispels powerfully entrenched—but incorrect—assumptions about globalization. Provocative and bold, this new book explains how people around the world can secure their collective prosperity through new approaches to cross-border integration. Ghemawat’s thinking will surprise and move you—no matter where you stand on globalization.
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The Telegraph and Globalization

Author: Roland Wenzlhuemer

Publisher: Cambridge University Press

ISBN: 1107025281

Category: Business & Economics

Page: 339

View: 5148

A revealing insight into the links between globalization and the technological advances in communication brought about by the telegraph network.
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Cultures, Economies, and Politics

Author: Keri E. Iyall Smith

Publisher: Routledge

ISBN: 0429972717

Category: Social Science

Page: 384

View: 6504

A rich collection of diverse voices, Sociology of Globalization examines the processes of globalization as well as its impact on people around the world. It looks beyond the headlines, stereotypes, and hype and features a balanced selection of classic scholarship and theory, cutting-edge research, and engaging journalism. Key pieces from prominent scholars, journalists, and theorists will resonate with students, stretch the classroom into their daily lives, and give the study of globalization concrete meaning. Each of three sections (culture, economy, and politics) begins with an original introduction from the editor which familiarizes readers with essential themes and concepts and provides necessary context for the readings that follow. Useful resources for further research, including websites, films, and class exercises, are also provided to exemplify and add relevance to major topics. Accessible and expansive, this is the ideal primary reader or supplement for undergraduate courses on the sociology of globalization.
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Author: Martin Wolf

Publisher: Yale University Press

ISBN: 0300102526

Category: Political Science

Page: 398

View: 9633

"Meticulous, well-structured, and persuasive." Martin Vander Weyer, Spectator
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The Rebirth of Modern Central Banking

Author: Michael D. Bordo,Athanasios Orphanides

Publisher: University of Chicago Press

ISBN: 0226066959

Category: Business & Economics

Page: 544

View: 7064

Controlling inflation is among the most important objectives of economic policy. By maintaining price stability, policy makers are able to reduce uncertainty, improve price-monitoring mechanisms, and facilitate more efficient planning and allocation of resources, thereby raising productivity. This volume focuses on understanding the causes of the Great Inflation of the 1970s and ’80s, which saw rising inflation in many nations, and which propelled interest rates across the developing world into the double digits. In the decades since, the immediate cause of the period’s rise in inflation has been the subject of considerable debate. Among the areas of contention are the role of monetary policy in driving inflation and the implications this had both for policy design and for evaluating the performance of those who set the policy. Here, contributors map monetary policy from the 1960s to the present, shedding light on the ways in which the lessons of the Great Inflation were absorbed and applied to today’s global and increasingly complex economic environment.
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The Ascent of the Developing World

Author: Steven Radelet

Publisher: Simon and Schuster

ISBN: 1476764786

Category: Business & Economics

Page: 368

View: 1919

The untold story of the global poor today: A distinguished expert and advisor to developing nations reveals how we’ve reduced poverty, increased incomes, improved health, curbed violence, and spread democracy—and how to ensure the improvements continue. We live today at a time of great progress for the global poor. Never before have so many people, in so many developing countries, made so much progress. Most people believe the opposite: that with a few exceptions like China and India, the majority of developing countries are hopelessly mired in deep poverty, led by inept dictators, and living with pervasive famine, widespread disease, constant violence, and little hope for change. But a major transformation is underway—and has been for two decades now. Since the early 1990s more than 700 million people have been lifted out of extreme poverty, six million fewer children die every year from disease, tens of millions more girls are in school, millions more people have access to clean water, and democracy—often fragile and imperfect—has become the norm in developing countries around the world. The Great Surge tells the remarkable story of this unprecedented economic, social, and political transformation. It shows how the end of the Cold War, the development of new technologies, globalization, courageous local leadership, and in some cases, good fortune, have combined to dramatically improve the fate of hundreds of millions of people in poor countries around the world. Most importantly, The Great Surge reveals how we can fight the changing tides of climate change, resource demand, economic and political mismanagement, and demographic pressures to accelerate the political, economic, and social development that has been helping the poorest of the poor around the world.
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The Social Dynamics of Globalization

Author: David Singh Grewal

Publisher: Yale University Press

ISBN: 0300145128

Category: Political Science

Page: 416

View: 5832

For all the attention globalization has received in recent years, little consensus has emerged concerning how best to understand it. For some, it is the happy product of free and rational choices; for others, it is the unfortunate outcome of impersonal forces beyond our control. It is in turn celebrated for the opportunities it affords and criticized for the inequalities in wealth and power it generates. David Singh Grewal’s remarkable and ambitious book draws on several centuries of political and social thought to show how globalization is best understood in terms of a power inherent in social relations, which he calls network power. Using this framework, he demonstrates how our standards of social coordination both gain in value the more they are used and undermine the viability of alternative forms of cooperation. A wide range of examples are discussed, from the spread of English and the gold standard to the success of Microsoft and the operation of the World Trade Organization, to illustrate how global standards arise and falter. The idea of network power supplies a coherent set of terms and concepts—applicable to individuals, businesses, and countries alike—through which we can describe the processes of globalization as both free and forced. The result is a sophisticated and novel account of how globalization, and politics, work.
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The End of Globalization, the Return of History

Author: Stephen D. King

Publisher: Yale University Press

ISBN: 0300240074

Category: Business & Economics

Page: 304

View: 5502

A controversial look at the end of globalization and what it means for prosperity, peace, and the global economic order Globalization, long considered the best route to economic prosperity, is not inevitable. An approach built on the principles of free trade and, since the 1980s, open capital markets, is beginning to fracture. With disappointing growth rates across the Western world, nations are no longer willing to sacrifice national interests for global growth; nor are their leaders able—or willing—to sell the idea of pursuing a global agenda of prosperity to their citizens. Combining historical analysis with current affairs, economist Stephen D. King provides a provocative and engaging account of why globalization is being rejected, what a world ruled by rival states with conflicting aims might look like, and how the pursuit of nationalist agendas could result in a race to the bottom. King argues that a rejection of globalization and a return to “autarky” will risk economic and political conflict, and he uses lessons from history to gauge how best to avoid the worst possible outcomes.
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The Economics of Manipulation and Deception

Author: George A. Akerlof,Robert J. Shiller

Publisher: Princeton University Press

ISBN: 1400873266

Category: Business & Economics

Page: 288

View: 3911

Ever since Adam Smith, the central teaching of economics has been that free markets provide us with material well-being, as if by an invisible hand. In Phishing for Phools, Nobel Prize–winning economists George Akerlof and Robert Shiller deliver a fundamental challenge to this insight, arguing that markets harm as well as help us. As long as there is profit to be made, sellers will systematically exploit our psychological weaknesses and our ignorance through manipulation and deception. Rather than being essentially benign and always creating the greater good, markets are inherently filled with tricks and traps and will "phish" us as "phools." Phishing for Phools therefore strikes a radically new direction in economics, based on the intuitive idea that markets both give and take away. Akerlof and Shiller bring this idea to life through dozens of stories that show how phishing affects everyone, in almost every walk of life. We spend our money up to the limit, and then worry about how to pay the next month's bills. The financial system soars, then crashes. We are attracted, more than we know, by advertising. Our political system is distorted by money. We pay too much for gym memberships, cars, houses, and credit cards. Drug companies ingeniously market pharmaceuticals that do us little good, and sometimes are downright dangerous. Phishing for Phools explores the central role of manipulation and deception in fascinating detail in each of these areas and many more. It thereby explains a paradox: why, at a time when we are better off than ever before in history, all too many of us are leading lives of quiet desperation. At the same time, the book tells stories of individuals who have stood against economic trickery—and how it can be reduced through greater knowledge, reform, and regulation.
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How Traders, Preachers, Adventurers, and Warriors Shaped Globalization

Author: Nayan Chanda

Publisher: Yale University Press

ISBN: 9780300134902

Category: History

Page: 416

View: 7766

Since humans migrated from Africa and dispersed throughout the world, they have found countless ways and reasons to reconnect with each other. In this entertaining book, Nayan Chanda follows the exploits of traders, preachers, adventurers, and warriors throughout history as they have shaped and reshaped the world. For Chanda, globalization is a process of ever-growing interconnectedness and interdependence that began thousands of years ago and continues to this day with increasing speed and ease. In the end, globalization—from the lone adventurer carving out a new trade route to the expanding ambitions of great empires—is the product of myriad aspirations and apprehensions that define just about every aspect of our lives: what we eat, wear, ride, or possess is the product of thousands of years of human endeavor and suffering across the globe. Chanda reviews and illustrates the economic and technological forces at play in globalization today and concludes with a thought-provoking discussion of how we can and should embrace an inevitably global world.
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Author: Elhanan Helpman

Publisher: Harvard University Press

ISBN: 0674060784

Category: Business & Economics

Page: 222

View: 8138

Helpman explains what shapes international production and distribution of goods and the resulting trade flows, and provides a clear, original account of the trade-theory revolutions of the 1980s and the post-recession. Though it contains no equations, Understanding Global Trade is mathematical in its elegance, precision, and power of expression.
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Author: Dave Elder-Vass

Publisher: Cambridge University Press

ISBN: 1107146143

Category: Business & Economics

Page: 288

View: 9719

"Our economy is neither overwhelmingly capitalist, as Marxist political economists argue, nor overwhelmingly a market economy, as mainstream economists assume. Both approaches ignore vast swathes of the economy, including the gift, collaborative and hybrid forms that coexist with more conventional capitalism in the new digital economy. Drawing on economic sociology, anthropology of the gift and heterodox economics, this book proposes a ground-breaking framework for analysing diverse economic systems: a political economy of practices. The framework is used to analyse Apple, Wikipedia, Google, YouTube and Facebook, showing how different complexes of appropriative practices bring about radically different economic outcomes. Innovative and topical, Profit and Gift in the Digital Economy focusses on an area of rapid social change while developing a theoretically and politically radical framework that will be of continuing long term relevance. It will appeal to students, activists and academics in the social sciences"--
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A Brief History of the Twenty-first Century

Author: Thomas L. Friedman

Publisher: Picador

ISBN: 9781429923071

Category: Social Science

Page: 672

View: 6304

This Independence Day edition of The World is Flat 3.0 includes an an exclusive preview of That Used to Be Us: How America Fell Behind in the World It Invented and How We Can Come Back, by Thomas L. Friedman and Michael Mandelbaum, on sale September 5th, 2011. A New Edition of the Phenomenal #1 Bestseller "One mark of a great book is that it makes you see things in a new way, and Mr. Friedman certainly succeeds in that goal," the Nobel laureate Joseph E. Stiglitz wrote in The New York Times reviewing The World Is Flat in 2005. In this new edition, Thomas L. Friedman includes fresh stories and insights to help us understand the flattening of the world. Weaving new information into his overall thesis, and answering the questions he has been most frequently asked by parents across the country, this third edition also includes two new chapters--on how to be a political activist and social entrepreneur in a flat world; and on the more troubling question of how to manage our reputations and privacy in a world where we are all becoming publishers and public figures. The World Is Flat 3.0 is an essential update on globalization, its opportunities for individual empowerment, its achievements at lifting millions out of poverty, and its drawbacks--environmental, social, and political, powerfully illuminated by the Pulitzer Prize--winning author of The Lexus and the Olive Tree.
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