Why Globalization Works 2e (Nota Bene) - Softcover

Wolf, Martin

Softcover

ISBN 10: 0300107773 ISBN 13: 9780300107777

Publisher: Yale University Press, 2005

Synopsis

A powerful case for the global market economy 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 multinational 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:

"Let a splendid new book on globalization be the last for a while: it will not be bettered soon. . . . [A] marvelous new book. . . . Mr. Wolf's new book, Why Globalization Works, is the fullest and most sophisticated treatment to date of the case for globalization. All the topics he addresses . . . have been addressed elsewhere, but never before with such depth of thinking, and in one place . . . The definitive treatment of the subject, and an absorbing read for anybody with an appetite for moderate intellectual exertion."--Economist

"A powerful addition to the growing literature on globalization. . . . Why Globalization Works . . . should help move the public debate away from whether to be for or against globalization and towards how best to strengthen the working of the global economy."--Stanley Fischer, Financial Times

"Wolf offers a powerful defence of the global market economy."--The Sunday Telegraph

"No one has summarized more coherently the recent, voluminous research. . . . Elegantly and persuasively, Wolf marshals the facts."--Niall Ferguson, Sunday Telegraph

"Wolf is always thoughtful, and mainly readable."--David Smith, The Sunday Times

"Accessible and clearly argued. . . . A wealth of material on every page."--Bruce Bartlett, Wall Street Journal

"A powerful book."--Washington Post

"One of the world's most respected economic journalists . . . offers a patient and persuasive refutation of many of the arguments most frequently marshaled by critics of trade liberalization. . . . Wolf's book offers a series of highly effective rejoinders to the main criticisms marshaled by opponents of globalization. For those of us concerned with one of the most far-reaching issues of our time, this elegant and passionate defense of trade liberalization is essential reading."--Arvind Panagariya, Foreign Affairs

"A splendid overview of the global economic challenges of today. It is informed, careful in its dissection of the arguments and well written. . . . Essential reading for those who would like to understand the real problems facing us."--Stephen Green, International Affairs

"Wolf's tome can provide value for anyone engaged in the field of international law, particularly economic law, because of the keen insight he offers."--Steve Charnovitz, The American Journal of International Law
Received rating of "Outstanding" from the 2005 University Press Books Committee
"This brilliant book should be read by anyone who cares about the future of the developing world--that is, anyone who cares about the future. Wolf's book will be the definitive statement of the case for market-based globalization."--Lawrence Summers, President, Harvard University

"Wolf provides not just a devastating intellectual critique of the opponents of globalization, but a civilised, wise and optimistic view of our economic and political future. It is vital that his message be widely read and understood."--Mervyn King, Governor of the Bank of England

"As Wolf slices and dices both the critics and the cheerleaders of economic globalization, he offers a deeply reasoned and cogently explained case for its inevitability. A definitive analysis."--Kenneth Rogoff, Harvard University

Synopsis:

A bestseller in hardback, this book offers a powerful defence of the global market economy. Martin Wolf explains how globalization works, critiques the charges against it, argues that the biggest obstacle to global economic progress has been the failure not of the market but of governments, and offers a realistic scenario for economic internationalism in the post-9/11 age. For this paperback edition, Wolf provides a new introduction to update the debate. "Let a splendid new book on globalization be the last for a while: it will not be bettered soon ...Why Globalization Works is the fullest and most sophisticated treatment to date of the case for globalization. All the topics Wolf addresses have been addressed elsewhere, but never before with such depth of thinking, and in one place ...The definitive treatment of the subject, and an absorbing read." Economist "Accessible and clearly argued ...A wealth of material on every page." Bruce Bartlett, The Wall Street Journal "No one has summarised more coherently the recent, voluminous research ...Elegantly and persuasively, Wolf marshals the facts."

Niall Ferguson, Sunday Telegraph "A necessary and compelling read for all who want to understand the logic of unfolding events." Robert Skidelsky, New Statesman "Meticulous, well-structured, and persuasive." Martin Vander Weyer, Spectator

About this edition

• Publisher: Yale University Press
• Publication date: 2005
• ISBN 10: 0300107773
• ISBN 13: 9780300107777
• Binding: Paperback
• Number of pages: 416