The book examines the impact of globalisation on growth, productivity, unemployment, income distribution, technology and institutions, as well as on culture.
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"...the most balanced survey of the many aspects and the costs and benefits of globalisation from an author superbly qualified by a lifetime's work and experience." Sir Hans Singer, Professorial Fellow, Institute of Development Studies, University of Sussex "Paul Streeten gives us the cumulated wisdom of a lifetime spent in imaginative thinking about development, set within, but cutting through the hype and pretensions of, the globalisation debate." Ronald Dore, Senior Research Fellow, Center for Economic Performance, London School of Economics and Visiting Professor at INSEAD
Covering the main aspects of globalization, namely trade, global financial flows, technology and transnational corporations, and international convergence of real wages, this book is concerned with the beneficial and harmful aspects of globalization. The author examines the impact of globalization on growth, productivity, unemployment, income distribution, technology and institutions, as well as on culture. He discusses the role of government in the era of globalization; one generally expects the scope of government to diminish as globalization proceeds. Instead, he argues that globalization and free markets call not for less government but for more, as well as for pressures from the civil society. 5
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