globalization n. the irrational fear that someone in China will take your job [Paperback]

In Globalization, authors Bruce Greenwald and Judd Kahn cut through the myths surrounding globalization and look more closely at its real impact, presenting a more accurate picture of the present status of globalization and its future consequences. Page by page, they uncover the real facts about globalization and answer the most important questions it raises, including: Will globalization increase or diminish in economic importance? Do higher living standards depend more on global or local conditions– and What are the actual implications of globalization for financial markets?Acknowledgments.

Introduction: Just How Global Are We?

Chapter 1: It May Be News, But It Isn’t New: A Brief History of Globalization.

Tradable Goods.

From Goods to Services.

Which Services Remain Rooted?

Why So Newsworthy?

Chapter 2: Countries Control Their Fates: How Little Globalization Explains.

Who Calls the Shots?

An Inadvertent Experiment.

The Uneven Course of Manufacturing.

The Recipe for Productivity Growth.

Importance of Incremental Improvements.

Tell Me Again: Why Is China Rising?

Episodic Improvements and Retreats.

Widely Shared Diversions.

What About Free Trade?

Keep It Local.

Chapter 3: Employment Trends for Globalization 3.0: Are All the Good Jobs Going Away?

Recent History as a Guide.

Recent Patterns of Employment and Unemployment in the United States.

The Changing Nature of Work.

The Meaning Is in the Details.

That Giant Sucking Sound Is Coming from . . . l#+