Globalization at Risk: Challenges to Finance and Trade Contributor(s): Hufbauer, Gary Clyde (Author), Suominen, Kati (Author) |
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ISBN: 0300154097 ISBN-13: 9780300154092 Publisher: Yale University Press OUR PRICE: $73.26 Product Type: Hardcover Published: October 2010 |
Additional Information |
BISAC Categories: - Business & Economics | International - General - Political Science | Globalization - Political Science | Political Economy |
Dewey: 337 |
LCCN: 2010928702 |
Physical Information: 1.14" H x 6.42" W x 9.42" (1.39 lbs) 336 pages |
Descriptions, Reviews, Etc. |
Publisher Description: Drawing on rigorous research, this book summarizes the payoffs from globalization past, and presents a roadmap for the future of globalization. History has declared globalization the winner of the 20th century. Globalization connected the world and created wealth unimaginable in the wake of the Second World War. But the financial crisis of 2008-09 has now placed at risk the liberal economic policies behind globalization. Engulfing the entire world, the crisis gave new fuel to the skeptics of the benefits of economic integration. Policy responses seem to favor anti-globalizers. New regulations could balkanize the global financial system, while widespread protectionist impulses might undo the Doha Round. Issues from climate change to national security may be used as convenient excuses to keep imports out, keep jobs at home, and to clamp down on global capital. Will globalization triumph or perish in the 21st century? What reforms make sense in the post-crisis world?International economists Gary Clyde Hufbauer and Kati Suominen argue that globalization has been a force of great good, one that needs to be actively advanced and honed. Drawing on the latest economic analyses, they reveal the drivers and effects of global finance and trade, lay out the key risks to globalization, and offer a practical policy roadmap for managing the challenges while increasing the gains. Vital reading for anyone in business, finance, foreign affairs, or economics, Globalization at Risk is sure to advance public debate on this defining issue of the 21st century. |