In the passionate debate that currently rages over globalization, critics have been heard blaming it for a host of ills afflicting poorer nations - everything from child labor to environmental degradation and cultural homogenization. Now Jagdish Bhagwati, the internationally renowned economist, takes on the critics, revealing that globalization, when properly governed, is in fact the most powerful force for social good in the world today.
Drawing on his unparalleled knowledge of international and development economics, Bhagwati explains why the "gotcha" examples of the critics are often not as compelling as they seem. With the wit and wisdom for which he is renowned, Bhagwati convincingly shows that globalization is part of the solution, not part of the problem .
"In this elegant book, one of the world's preeminent economists distills his thinking about globalization for the lay reader....[T]his is a substantial study that is as about as enjoyable - and reassuring - a work of economics as may be possible to write in this uncertain age." (Publishers Weekly)
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thoughtful book marred by a sub-standard reading
Challenging and Insightful