Globalization, Poverty and Inequality

Beschreibung

Globalization is characterised by persistent poverty and growinginequality. Conventional wisdom has it that this global poverty isresidual - as globalization deepens, the poor will be liftedout of destitution. The policies of the World Bank, the IMF and theWTO echo this belief and push developing countries ever deeper intothe global economy. Globalization, Poverty and Inequality provides an alternativeviewpoint. It argues that for many - particularly for thoseliving in Latin America, Asia and Central Europe - povertyand globalization are relational. It is the very workings of theglobal system which condemn many to poverty. In particular themobility of investment, and the large pool of increasingly skilledworkers in China and other parts of Asia, are driving down globalwages. This poses challenges for policy makers in firms and countriesthroughout the world. It also challenges the very sustainability ofglobalisation itself. Are we about to witness the implosion ofglobalisation, as occurred between 1913 and 1950? Using a variety of theoretical frameworks and drawing on a vastamount of original research, this book will be an invaluableresource for all students of globalization and its effects.

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Raphael Kaplinsky

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Development Studies Entwicklung u. Globalisierung Entwicklungsforschung Global Politics Globalization & Development Political Science Politikwissenschaft Weltpolitik

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"This book is a significant contribution to literature onglobalisation and to the theory of global value chains. Clearlywritten and data rich, it presents compelling evidence thatglobalisation itself - by intensifying competition between low wageproducers - is perpetuating poverty and amplifyinginequality." Political Studies Review "This book is a useful addition to the growing literature onglobalisation. It is well-balanced, well-researched and relativelyjargon-free." Development Policy Review "Contains much new material and results of original researchwhich should enable the reader to rise above the simplicities of'globalization good' and 'globalization bad'." Sir Hans Singer "Highly readable and informative and challenges many of ourassumptions about how industrialization and globalization works andhow we might manage the process more effectively and equitably. Itought to be on the 'required reading' list for any courses whichdeal with the challenge of managing technological and industrialchange" John Bessant "Uncovers the perils as well as the promise of globalization inan unvarnished look at winners, losers, and the new rules of thegame in the global economy." Gary Gereffi "Kaplinsky's book provides a powerful and insightfulvision of the opportunities and threats of globalization. His viewof today's complex global economy examines the aggregatepicture relating it to the historical context and with constantreference to specific cases that exemplify and deepen theunderstanding of the various processes at play. His own considered view is that many economies in Latin Americaand Africa, and many people in the advanced industrial economies,are likely to be clear losers in a globalizing economy. Yet theanalysis is rich enough to feed both sides of the necessary debateon whether globalization could become a positive-sum game for bothadvanced and developing countries." Carlota Perez, Universities of Cambridge andSussex "This book is a rich contribution to the growing body ofcritical literature on globalisation." The Hindu, Chennai, India
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