Cuts through the confusion and rhetoric to offer straightforward, incisive analyses of globalisation and its future. The contributors analyse recent trends, immigrations and capital flows.
With original contributions from ten eminent economists, this collection presents diverse and original perspectives on globalization. The contributors analyze recent trends in trade, immigration, and capital flows; why some poor countries have grown while others have stagnated during the past two decades; globalization's impact on jobs and wages in poor countries and in the United States; the surprising environmental benefits of globalization; the degree to which foreign aid helps developing countries; the failures of international institutions to govern the global economy and supporting democracy; and how foreign loans and investments can wreak havoc on a nation's economy.