Rethinking Globalization

The possible action taken by the governments of developing countries in the face of the globalization juggernaut is at issue. The author sets out practical proposals for action nationally and at international level to shape globalization to particular circumstances and priorities. The economic globalization process is explained and how globalization is failing to either increase economic growth or to reduce poverty. Western governments are criticised for their domination of the international policy process while the flaws in the "one-size-fits-all" policy of the World Bank, IMF and WTO are revealed. Innovative and realistic solutions are proposed for countries of the South in argument that they must be given room to manoeuvre.

ISBN	1842770551	Volumes	1
ISBN13	9781842770559 (What's this?)	Weight (grammes)	150
Publisher	Zed Books Ltd	Published in	London
Imprint	Zed Books Ltd	Series editor	Kapferer, Bruce (Professor of Anthropology, University College London), Kapferer, Bruce (Professor o
Format	Paperback	Series title	Global Issues S.
Publication date	01 May 2001	Height (mm)	198
Library of Congress	2001017628	Width (mm)	129
DEWEY	338.90091724	Spine width (mm)	12
DEWEY edition	DC21	Academic level	General
Pages	128

	Introduction	1
1	The Globalization Process	5
	The liberalization of trade, finance and investment	7
	The globalization of policy-making	10
	Rising inequality and the effects of globalization	16
	Weaknesses of the South in facing the globalization challenge	20
2	Key Issues in Trade	25
	Commodity prices and terms of trade	27
	Trade liberalization	32
	The WTO and the multilateral trading system	37
4	Key Issue in Finance	53
	Financial liberalization	55
	Volatility and negative effects of short-term capital flows	56
	Inappropriate response to debt crises and financial crises	59
	Lack of mechanisms for debtor-creditor burden-sharing	63
	Lack of transparency and regulation of international financial markets	64
	Proposals	64
4	Key Issues in Investment Liberalization	83
	The benefits and risks of foreign investment	87
	Regulation of and policy options on FDI	96
	Critique of attempts at international investment agreements	99
	An alternative approach	102
	Proposals for appropriate management of foreign investment	105
5	General Conclusions and Proposals	115
	Balancing opportunities and problems resulting from globalization	117
	The need for South-South policy coordination among developing countries	119
	More...

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