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Book details for In Defense of Globalization Buy In Defense of Globalization
In Defense of Globalization
Book author(s) Book subject

Jagdish Bhagwati

Globalization

Sales rank Not rated by customers
In Defense of Globalization

Brief description of In Defense of Globalization

The riot-torn meeting of the World Trade Organization in Seattle in 1999 was only the most dramatic sign of the intensely passionate debate now raging over globalization, which critics blame for everything from child labor to environmental degradation, cultural homogenization, and a host of other ills afflicting poorer nations. Now Jagdish Bhagwati, the internationally renowned economist known equally for the clarity of his arguments and the sharpness of his pen, 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 economics, Bhagwati explains why the "gotcha" examples of the critics are often not as they seem, and that in fact globalization often alleviates many of the problems for which it has been blamed. For instance, when globalization leads to greater general prosperity in an underdeveloped nation, it quickly reduces child labor and increases literacy (when parents have sufficient income, they send their children to school, not work). The author describes how globalization helps the cause of women around the world and he shows how economic growth, when coupled with the appropriate environmental safeguards, does not necessarily increase pollution. And to counter the charge that globalization leads to cultural hegemony, to a bland "McWorld," Bhagwati points to the example of Salman Rushdie, a writer who blends Bombay slang and impeccable English in novels touched by magic realism borrowed from South American writers. Globalization leads not to cultural white bread but to a spicy hybrid of cultures. 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. Anyone who wants to understand what's at stake in the globalization wars must read In Defense of Globalization.

Book details
PublisherOxford University Press
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EditionHardcover
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This book is recommended by...

BusinessWeek's 2004 pick of this year
LibraryJournal.com - Are We There Yet?: Best Business Books 2004

This book has been mentioned in...

Gearing Ourselves for Globalization: Free trade isn't the cause of the world's ills, says Columbia professor Jagdish Bhagwati. It's the best cure we have for them -- if only we can stomach it (@ Business 2.0)
The Convictions Of A Convert: While governments should open their borders to free trade in goods and services, they should simultaneously fix things that are broken in the workings of their domestic economies, such as inadequate social safety nets (@ Business Week)



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