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| Author | : Kimberly Wylie |
| Publisher | : GRIN Verlag |
| Total Pages | : 12 |
| Release | : 2006-09-10 |
| Genre | : Business & Economics |
| ISBN | : 3638542947 |
Download Branko Milanovic, "The Two Faces of Globalization" Book in PDF, ePub and Kindle
Essay from the year 2003 in the subject Economics - Macro-economics, general, University of Phoenix, language: English, abstract: In answering whether or not Milanovic’s (2003) ideas are correct that the dominant view of economists is that once certain preconditions are in place (′sound′ macro-policies, protection of property rights, etc.) ... the only thing a country needs to do is simply to open up its borders, reduce tariff rates, attract foreign capital, and in a few generations if not less, the poor will become rich, the illiterate will learn to read and write, and inequality will vanish as the poor countries catch up with the rich, (4) one must take into account how quickly popular opinion can change on a subject. I believe this was the dominant view of many economists, a short time ago, however, as the data continues to flow in on actual ‘real world’ results of globalization, more economists are realizing that it is not so simple.
| Author | : Branko Milanovic |
| Publisher | : |
| Total Pages | : 0 |
| Release | : 2004 |
| Genre | : |
| ISBN | : |
Download The Two Faces of Globalization Book in PDF, ePub and Kindle
The paper shows that the current view of globalization as an automatic and benign force is seriously flawed. It is mistaken because it focuses on only one, positive, face of globalization while entirely neglecting a malignant one. The two key historical episodes that are adduced by the supporters of the "globalization as it is" (the Halcyon days of the 1870-1913, and the record of the last two decades of development) are shown to be misinterpreted. The "Halcyon days" were never Halcyon for those who were "globalized" through colonization since colonial constraints prevented them from industrializing. And they were even less "Halcyon" for those who were taken into slavery. Even among the Western economies, the 19th century globalization, contrary to some views, failed to bring income convergence. The record of the last two decades (1978-1998) is shown to be uniformly worse than that of the previous two (1960-78). It is thus only by a serious misreading of the recent evidence that the partisans of globalization are able to argue for its unmitigated beneficence. Should globalization be abandoned and everyone retire behind protective national walls? Absolutely not. But globalization led by capitalist interests alone is likely, akin to what it accomplished a century ago, to produce a wild global capitalism with social exclusion, unbridled competition and exploitation. Global capitalism needs to be "civilized" in the same way that national capitalisms of the 19th century were "civilized" after World War II-period which then witnessed the fastest growth in history. Yet the civilizing role cannot be done by individual states, but, because of the global nature of capitalism, by global institutions.
| Author | : Anthea Roberts |
| Publisher | : Harvard University Press |
| Total Pages | : 401 |
| Release | : 2021-09-28 |
| Genre | : Political Science |
| ISBN | : 0674245954 |
Download Six Faces of Globalization Book in PDF, ePub and Kindle
An essential guide to the intractable public debates about the virtues and vices of economic globalization, cutting through the complexity to reveal the fault lines that divide us and the points of agreement that might bring us together. Globalization has lifted millions out of poverty. Globalization is a weapon the rich use to exploit the poor. Globalization builds bridges across national boundaries. Globalization fuels the populism and great-power competition that is tearing the world apart. When it comes to the politics of free trade and open borders, the camps are dug in, producing a kaleidoscope of claims and counterclaims, unlikely alliances, and unexpected foes. But what exactly are we fighting about? And how might we approach these issues more productively? Anthea Roberts and Nicolas Lamp cut through the confusion with an indispensable survey of the interests, logics, and ideologies driving these intractable debates, which lie at the heart of so much political dispute and decision making. The authors expertly guide us through six competing narratives about the virtues and vices of globalization: the old establishment view that globalization benefits everyone (win-win), the pessimistic belief that it threatens us all with pandemics and climate change (lose-lose), along with various rival accounts that focus on specific winners and losers, from China to AmericaÕs rust belt. Instead of picking sides, Six Faces of Globalization gives all these positions their due, showing how each deploys sophisticated arguments and compelling evidence. Both globalizationÕs boosters and detractors will come away with their eyes opened. By isolating the fundamental value conflictsÑgrowth versus sustainability, efficiency versus social stabilityÑdriving disagreement and show where rival narratives converge, Roberts and Lamp provide a holistic framework for understanding current debates. In doing so, they showcase a more integrative way of thinking about complex problems.
| Author | : Branko Milanovic |
| Publisher | : Harvard University Press |
| Total Pages | : 312 |
| Release | : 2016-04-11 |
| Genre | : Business & Economics |
| ISBN | : 067473713X |
Download Global Inequality Book in PDF, ePub and Kindle
Winner of the Bruno Kreisky Prize, Karl Renner Institut A Financial Times Best Economics Book of the Year An Economist Best Book of the Year A Livemint Best Book of the Year One of the world’s leading economists of inequality, Branko Milanovic presents a bold new account of the dynamics that drive inequality on a global scale. Drawing on vast data sets and cutting-edge research, he explains the benign and malign forces that make inequality rise and fall within and among nations. He also reveals who has been helped the most by globalization, who has been held back, and what policies might tilt the balance toward economic justice. “The data [Milanovic] provides offer a clearer picture of great economic puzzles, and his bold theorizing chips away at tired economic orthodoxies.” —The Economist “Milanovic has written an outstanding book...Informative, wide-ranging, scholarly, imaginative and commendably brief. As you would expect from one of the world’s leading experts on this topic, Milanovic has added significantly to important recent works by Thomas Piketty, Anthony Atkinson and François Bourguignon...Ever-rising inequality looks a highly unlikely combination with any genuine democracy. It is to the credit of Milanovic’s book that it brings out these dangers so clearly, along with the important global successes of the past few decades. —Martin Wolf, Financial Times
| Author | : Branko Milanovic |
| Publisher | : Harvard University Press |
| Total Pages | : 305 |
| Release | : 2021-09-07 |
| Genre | : Business & Economics |
| ISBN | : 0674260309 |
Download Capitalism, Alone Book in PDF, ePub and Kindle
For the first time in history, the globe is dominated by one economic system. Capitalism prevails because it delivers prosperity and meets desires for autonomy. But it also is unstable and morally defective. Surveying the varieties and futures of capitalism, Branko Milanovic offers creative solutions to improve a system that isn’t going anywhere.
| Author | : Branko Milanovic |
| Publisher | : Princeton University Press |
| Total Pages | : 240 |
| Release | : 2011-06-27 |
| Genre | : Business & Economics |
| ISBN | : 1400840813 |
Download Worlds Apart Book in PDF, ePub and Kindle
We are used to thinking about inequality within countries--about rich Americans versus poor Americans, for instance. But what about inequality between all citizens of the world? Worlds Apart addresses just how to measure global inequality among individuals, and shows that inequality is shaped by complex forces often working in different directions. Branko Milanovic, a top World Bank economist, analyzes income distribution worldwide using, for the first time, household survey data from more than 100 countries. He evenhandedly explains the main approaches to the problem, offers a more accurate way of measuring inequality among individuals, and discusses the relevant policies of first-world countries and nongovernmental organizations. Inequality has increased between nations over the last half century (richer countries have generally grown faster than poorer countries). And yet the two most populous nations, China and India, have also grown fast. But over the past two decades inequality within countries has increased. As complex as reconciling these three data trends may be, it is clear: the inequality between the world's individuals is staggering. At the turn of the twenty-first century, the richest 5 percent of people receive one-third of total global income, as much as the poorest 80 percent. While a few poor countries are catching up with the rich world, the differences between the richest and poorest individuals around the globe are huge and likely growing.
| Author | : Martin Wolf |
| Publisher | : Yale University Press |
| Total Pages | : 690 |
| Release | : 2005-06-10 |
| Genre | : Business & Economics |
| ISBN | : 0300251734 |
Download Why Globalization Works Book in PDF, ePub and Kindle
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.
| Author | : Branko Milanovi? |
| Publisher | : World Bank Publications |
| Total Pages | : 35 |
| Release | : 2006 |
| Genre | : Equality |
| ISBN | : |
Download Global Income Inequality Book in PDF, ePub and Kindle
"The paper presents a nontechnical summary of the current state of debate on the measurement and implications of global inequality (inequality between citizens of the world). It discusses the relationship between globalization and global inequality. And it shows why global inequality matters and proposes a scheme for global redistribution. "--World Bank web site.
| Author | : John Glenn |
| Publisher | : Routledge |
| Total Pages | : 306 |
| Release | : 2012-08-06 |
| Genre | : Political Science |
| ISBN | : 1134530986 |
Download Globalization Book in PDF, ePub and Kindle
Rather than claim that there exists a common concept of globalization that all parties can agree to, this book seeks to examine some of the conceptions and the way in which they render different interpretations of particular aspects of globalization. The last two decades have witnessed an explosive proliferation of academic writings on the subject of globalization, which has been accompanied by a high level of interest in the media and widespread usage of the term. This has inevitably resulted in the meaning of the concept broadening to include a whole host of issues, running the attendant risk of losing any conceptual focus it had. John Glenn examines five issue areas affected by globalization: the economy sovereignty civil society governance communication. In so doing, the book aims to articulate certain questions within each area, which will allow for some judgment to be made concerning the differing perspectives on globalization. Globalization will be of interest to students of international political economy and politics and international relations in general.
| Author | : John G. Ruggie |
| Publisher | : Routledge |
| Total Pages | : 454 |
| Release | : 2016-12-05 |
| Genre | : Political Science |
| ISBN | : 1351940759 |
Download Embedding Global Markets Book in PDF, ePub and Kindle
John Ruggie introduced the concept of embedded liberalism in a 1982 article that has become one of the most frequently cited sources in the study of international political economy. The concept was intended to convey the manner by which capitalist countries learned to combine the efficiency of markets with the broader values of the community that socially sustainable markets themselves require in order to survive and thrive. Examining the concept and the institutionalized practice of embedded liberalism, this collection provides a survey of the macro patterns in industrialized countries. Leading scholars combine to demonstrate the benefits of embedded liberalism in practice as well as its gradual erosion at national levels, and to analyze public opinion. They provide a better understanding of what embedded liberalism means, why it matters and how to reconstitute it in the context of the global economy. The contributors contextualize the current challenge historically and theoretically so that students, scholars and policy makers alike are reminded of what is at stake and what is required.
