Globalization and progressive economic policy

✍ Scribed by Dean Baker, Gerald A. Epstein, Robert Pollin

• Publisher: Cambridge University Press
• Year: 1998
• Tongue: English
• Leaves: 531
• Category: Library

✦ Synopsis

In Globalization and Progressive Economic Policy, thirty-six prominent economists analyze the impact of the emerging global economy on our national sovereignty and standards of living. Does globalization cause inequality? Instability? Unemployment? Environmenal degradation? Or is it an engine of prosperity and wealth for the vast majority of the world's citizens? The authors analyze problems, institutions and possible government responses, and conclude that globalization can be a force for good or ill depending on the degree of regulation that governments and citizens can exercise over its trajectory.

✦ Table of Contents

Contents......Page 6
Figures......Page 9
Tables......Page 10
Contributors......Page 13
Editors' acknowledgments......Page 15
1 Introduction......Page 18
Part I The IMF, the World Bank, and neo-liberalism......Page 52
2 The revival of the liberal creed: the IMF, the World Bank, and inequality in a globalized economy......Page 54
2 India: dirigisme, structural adjustment, and the radical alternative......Page 84
Part II Foreign direct investment, globalization, and neo-liberalism......Page 112
4 Globalization, transnational corporations, and economic development: can the developing countries pursue strategic industrial po......Page 114
5 Multinational corporations in the neo-liberal regime......Page 134
Part III Globalization of finance......Page 164
6 Implications of globalization for macroeconomic theory and policy in developing countries......Page 166
7 Asia and the crisis of financial globalization......Page 180
8 Globalization and financial systems: policies for the new environment......Page 212
9 Housing finance in the age of globalization: from social housing to life-cycle risk......Page 236
Part IV Trade, wages, and the environment: north and south......Page 260
10 Openness and equity: regulating labor market outcomes in a globalized economy......Page 262
11 Integration and income distribution under the North American Free Trade Agreement: the experience of Mexico......Page 290
12 Malthus redux? Globalization and the environment......Page 314
Part V Migration of people in a global economy......Page 340
13 Freedom to move in the age of globalization......Page 342
14 Immigration, inequality, and policy alternatives......Page 354
15 Notes on international migration suggested by the Indian experience......Page 374
Part VI Globalization and macroeconomic policy......Page 384
16 The NAIRU: is it a real constraint?......Page 386
17 Internal and external constraints on egalitarian policies......Page 408
18 The effects of globalization on policy formation in South Africa......Page 430
19 Can domestic expansionary policy succeed in a globally integrated environment? An examination of alternatives......Page 450
Bibliography......Page 482
Index......Page 518