Be Careful What You Wish For

Anne O Krueger
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Anne O Krueger: Johns Hopkins University, USA

Chapter 2 in Struggling with Success:Challenges Facing the International Economy, 2012, pp 15-34 from World Scientific Publishing Co. Pte. Ltd.

Abstract: AbstractThere is, in economic discussions today, a huge puzzle: as I shall attempt to demonstrate (as others have also done), there has been enormous progress in improving the opportunities and material conditions for much of mankind. That progress has been in significant part been a result of globalization. Given that, the puzzle is why there are so many critics of globalization when in fact most of the critics’ goals would have been even more remote and unachievable had it not taken place. The critics should be on the defensive: yet somehow, the supporters of globalization have found the critics on the offensive and they have let themselves be on the defense.

Keywords: Multilateralism; International Economy; IMF; WTO; Financial Crises; Sovereign Debt; International Economic System (search for similar items in EconPapers)
Date: 2012
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