Why Globalization Works - Hardcover

Wolf, Martin

Hardcover

ISBN 10: 0300102526 ISBN 13: 9780300102529

Publisher: Yale University Press, 2004

Synopsis

The debate on globalization has reached a level of intensity that inhibits comprehension and obscures the issues. In this book a highly distinguished international economist scrupulously explains how globalization works as a concept and how it operates in reality. Martin Wolf confronts the charges against globalization, delivers a devastating critique of each, and offers a realistic scenario for economic internationalism in the future. Wolf begins by outlining the history of the global economy in the twentieth century and explaining the mechanics of world trade. He dissects the agenda of globalization's critics, and rebuts the arguments that it undermines sovereignty, weakens democracy, intensifies inequality, privileges the multi-national corporation, and devastates the environment. The author persuasively defends the principles of international economic integration, arguing that the biggest obstacle to global economic progress has been the failure not of the market, but of politics and government, in rich countries as well as poor. He examines the threat that terrorism poses and maps the way to a global market economy that can work for everyone.

About this title

Review

'...the fullest and most sophisticated treatment to date of the case for globalisation.' -- The Economist, July 16 2004

'A meticulous, well-structured, and persuasive contribution'. -- The Spectator

'No one has summarised more coherently the recent, voluminous research...Elegantly and persuasively, Wolf marshals the facts'. -- The Sunday Telegraph

'Why Globalization Works is one of the rare comprehensive books that convincingly opposes the rising tide of anti-globalization publications.' -- www.cosmopolis.com

'[Why Globalization Works is] accessible and clearly argued. There is, one might say, a wealth of material on every page'. -- Wall Street Journal - Europe

'[Why Globalization Works] is a necessary and compelling read for all who want to understand the logic of unfolding events'. -- New Statesman

About the Author

Martin Wolf is associate editor and chief economics commentator at the Financial Times in London. Formerly senior economist at the World Bank's division for international trade, he has worked in Kenya, Zambia, and India. He has been visiting professor at Oxford, Nottingham, and Rotterdam Universities and fellow of the World Economic Forum in Davos, Switzerland.

Edition details

• Publisher: Yale University Press
• Publication date: 2004
• ISBN 10: 0300102526
• ISBN 13: 9780300102529
• Binding: Hardcover
• Language: English
• Edition number: 1
• Number of pages: 352