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  From the streets of Seattle to corporate boardrooms to newfactories in third-world nations, globalization is subject to verydifferent and often explosively divergent interpretations. Wheresome see globalization as driving poor countries into furtherpoverty, others see it as the path to economic salvation anddemocratic rule. With original contributions from ten eminenteconomists, Globalization: What's New cuts through theconfusion and rhetoric to offer straightforward, incisive analysisof globalization and its future.

  Coming from some of globalization's most prominent supporters(David Dollar), its most vocal critics (Joseph Stiglitz), and thosein-between, this collection presents diverse and originalperspectives on globalization's immense reach that dig to the coreof many debates. The contributors analyze recent trends in trade,immigration, and capital flows; why some poor countries have grownwhile others have stagnated during the past two decades; futureopportunities for low-wage workers; globalization's impact on jobsand wages in poor countries and in the United States; thesurprising environmental benefits of globalization; the degree towhich foreign aid helps developing countries; the failures ofinternational institutions in governing the global economy andsupporting democracy; and how foreign loans and investments canwreak havoc on a nation's economy.

  Subjects: Political Science, Business

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