Challenges to Globalization: Analyzing the Economics

Paperback | September 1, 2007

EditorRobert E. Baldwin

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Challenges to Globalization evaluates the arguments of pro-globalists and anti-globalists regarding issues such as globalization’s relationship to democracy, its impact on the environment and on labor markets and wage levels, and the associated expansion of trade and its effects on prices.

The contributors to this volume present surprising findings that often run counter to the claim that multinational firms primarily seek countries with low-wage labor.

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Challenges to Globalization evaluates the arguments of pro-globalists and anti-globalists regarding issues such as globalization’s relationship to democracy, its impact on the environment and on labor markets and wage levels, and the associated expansion of trade and its effects on prices.The contributors to this volume present surpris...

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People passionately disagree about the nature of the globalization process. The failure of both the 1999 and 2003 World Trade Organization's (WTO) ministerial conferences in Seattle and Cancun, respectively, have highlighted the tensions among official, international organizations like the WTO, the International Monetary Fund (IMF), th...

Robert E. Baldwin is professor emeritus of economics at the University of Wisconsin—Madison and a research associate of the NBER. L. Alan Winters is professor of economics at the University of Sussex, a research fellow for the Centre for Economic Policy Research (CEPR, London), and a senior visiting fellow for the Centre for Economic P...

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Paperback|Feb 1 2000

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Format:PaperbackDimensions:560 pages, 9 × 6 × 1.2 inPublished:September 1, 2007Publisher:University Of Chicago PressLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0226036162

ISBN - 13:9780226036168

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Table of Contents

Acknowledgments
Challenges to Globalizaton: An Overview
I. THE CRITICS
1. Assessing Globalization's Critics: "Talkers Are No Good Doers?"
2. Globalization and Democracy
II. TRADE FLOWS AND THEIR CONSEQUENCES
3. Geography and Export Performance: External Market Access and Internal Supply Capacity
4. Globalizatioin and Interaction Commodity Trade with Specific Reference to the West
African Cocoa Producers
5. Globalization and Dirty Industries: Do Pollution Havens Matter?
III. FACTOR MARKETS: LABOR
6. The Role of Globalization in the Within-Industry Shift Away from Unskilled Workers in
France
7. The Brain Drain: Curse or Boon? A Survey of the Literature
8. The Effects of Multinational Production on Wages and Working Conditions in Developing
Countries
IV. FACTOR MARKETS: CAPITAL
9. Home- and Host-Country Effects of Foreign Direct Investment
10. Competition of Multinational Investment in Developing Countries: Human Capital,
Infrastructure, and Market Size
11. The Cross- Border Mergers and Acquisitions Wave of the Late 1990s
V. MACROECONOMICS
12. Financial Opening: Evidence and Policy Options
13. Openness and Growth: What's the Empirical Relationship?