Globalization for Development Meeting New Challenges [Hardcover]

Globalization and its relation to poverty reduction and development are not well understood. This book explores the ways in which globalization can overcome poverty or make it worse. The book defines the big historical trends, identifies the main globalization processes--trade, finance, aid, migration, and ideas--and examines how each can contribute to economic development. By considering what helps and what does not, the book presents policy recommendations to make globalization more effective as a vehicle for shared growth and poverty reduction. It will be of interest to students, researchers, and anyone concerned with the effects of globalization on international development.

1. Background and Context
2. Globalization and Poverty
3. Trade
4. Finance
5. Aid
6. Migration
7. Ideas
8. Toward A Policy Agenda

This book is essential reading for anyone interested in globalization and development. It provides important new insights and perspectives into how global flows of finance, trade, migrants, and ideas shape development and advances the debate by identifying urgently needed policy changes for a more inclusive globalization. --Joseph Stiglitz, Nobel Laureate in Economics 2001 and Professor of Economics, Columbia University

Globalization may need defense, but it also needs reform. The authors tell us the story so far and go on to propose ways and means of getting to a happier ending. The ways identified, based on fine empirical assessment, certainly deserve our serious attention. --Amartya Sen, Nobel Laureate in Economics 1998 and Lamont University Professor and Professor of Economics and Philosophy, Harvard University

This book cuts through the confusion of many discussions of globalization. In particular, it gives a clear definition in terms of the basic flows that embody interaction among countries, including trade, migration, and so on. This provides a clear analytical framework for analyzing the impact of lã#