Imagine There's No Country: Poverty, Inequality, and Growth in the Era of Globalization

Surjit Bhalla

in Peterson Institute Press: All Books from Peterson Institute for International Economics

Abstract: A new era of globalization, which began in the 1980s, brought about a significant decline in costs of transportation, communication, and production; considerably improved intercountry competitiveness; and broke down trade and cultural barriers among countries. The concept of a sovereign nation has been increasingly questioned in recent years. Some, indeed, have imagined a world without boundaries, without countries. Others who doubt the benefits of globalization have called for increased protectionism and greater regulation of economic activity.Has globalization made the world grow faster? Has poverty declined at a faster pace during globalization? If yes, why? If not, is it because the growth rate was lower, or because inequality worsened, or both? Who gained from globalization? Was it the elite in both the developed and developing world? What about the middle class? Who are they? How did they benefit from (or lose to) the forces of globalization?This comprehensive study firmly debunks several popular myths such as the belief that globalization has resulted in lower overall growth rates for poor countries, increasing world inequality, and stagnating poverty levels. Through rigorous, integrated methodologies and an enhanced dataset, the author, Surjit Bhalla, answers some of the most pressing policy issues confronting us today.

Date: 2002
ISBN: 978-0-88132-348-1
References: Add references at CitEc
Citations: View citations in EconPapers (67)

Downloads: (external link)
https://www.piie.com/bookstore/imagine-theres-no-c ... th-era-globalization (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:iie:ppress:348

Access Statistics for this book

More books in Peterson Institute Press: All Books from Peterson Institute for International Economics 1750 Massachusetts Ave., NW, Washington, DC. Contact information at EDIRC.
Bibliographic data for series maintained by Peterson Institute webmaster ().