Globalization and Its Critics

Leszek H. Balcerowicz ()
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Leszek H. Balcerowicz: Warsaw School of Economics

Chapter Chapter 13 in The Liberal Heart of Europe, 2021, pp 143-161 from Springer

Abstract: Abstract There is a massive literature on globalization (e.g. see Bordo, The Second Era of Globalization Is Not Yet Over: An Historical Perspective, 2017). Therefore, I limit my comments on this fundamentally important process to a bare minimum (Sect. 13.1). Instead, I focus on the criticisms of globalization. Section 13.2 distinguishes three points of view of this process: economic, political economy, and moral. In Sect. 13.3 I briefly discuss crude anti-globalism of the nationalistic and utopian variety. Then I move to more sophisticated versions of the discussions of globalizations focusing on what I perceive to be lack of clarity, misconceptions, or outright fallacies. Section 13.4 deals with trade globalization and Sect. 13.5 with financial globalization. In Sect. 13.6 I formulate some final observations and recommendations.

Keywords: Globalization; Economic growth; Competition; Poverty; Trade (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-030-60368-7_13

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DOI: 10.1007/978-3-030-60368-7_13

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