Globalization for Development: Trade, Finance, Aid, Migration, and Policy, Revised Edition

Ian Goldin and Kenneth Reinert ()

No 6618 in World Bank Publications - Books from The World Bank Group

Abstract: Globalization has been taking place for centuries, moving from the colonization of the inhabited parts of the world to the appearance of nations, from conquests to independent countries, from sailboats and caravans to steamboats, truck fleets and cargo planes, from trade in a few commodities to global production and distribution networks and to the present explosion of international flows of services, capital, and information. This book also helps to shatter a false dichotomy that holds that policies that favor the poor cannot be pro-market. There is an enormous set of pro-poor and pro-market policies that allow for more equal market competition among and within countries, and that ask that policy take account of externalities as much as possible. The sheer size of today's global economy is a testament to the speed of change: in 2005, world economic output total US$35 trillion an amount likely to double by 2030, assuming modest continued growth. In this book the authors provide a comprehensive introduction to key aspects of globalization trade, finance, aid, and migration, and their complex linkages with poverty and development. This book also helps to shatter a false dichotomy that holds that policies that favor the poor cannot be pro-market. There is an enormous set of pro-poor and pro-market policies that allow for more equal market competition among and within countries, and that ask that policy take account of externalities as much as possible.

Keywords: Health; Nutrition and Population-Population Policies Finance and Financial Sector Development-Debt Markets Private Sector Development-Emerging Markets Poverty Reduction-Rural Poverty Reduction Economic Theory and Research Health; Nutrition and Population Macroeconomics and Economic Growth (search for similar items in EconPapers)
Date: 2007
ISBN: 978-0-8213-6929-6
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

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