Globalization and progressive economic policy / edited by Dean Baker, Gerald Epstein, Robert Pollin.

Format:

Book

Contributor:

Baker, Dean, 1958-

Epstein, Gerald, 1951-

Pollin, Robert.

Language:

English

Subjects (All):

International economic relations.

International economic integration.

Economic development.

Developing countries--Economic integration.

Developing countries.

International finance.

Local Subjects:

Economic development.

International finance.

International economic relations.

International economic integration.

Physical Description:

xv, 514 pages : illustrations ; 24 cm

Place of Publication:

Cambridge ; New York : Cambridge University Press, 1998.

Summary:

The authors of this book challenge mainstream thinking about the nature of globalization. While not hostile to markets per se, they believe that capitalist market processes, left to operate freely, tend to generate injustice, insecurity, instability, and inefficiency. Taking account of the new realities of globalization, this volume explores an unusually wide range of subjects, including trade integration, multinational corporations, labor markets and migration, international capital flows, macroeconomic and environmental policy, and the central roles of the IMF and World Bank. It proposes alternatives to neo-liberal orthodoxy, developing policy measures that counter the destructive features of markets and promote equality as well as efficiency. The approach in this volume is particularly illuminating for understanding the Asian financial collapse of 1997-98 and similar recent crises. The volume also includes comments on each chapter by a wide range of distinguished economists, producing a lively and often controversial set of interchanges.

Contents:

The revival of the liberal creed: the IMF, the World Bank, and inequality in a globalized economy / Ute Pieper and Lance Taylor

India: dirigisme, structural adjustment, and the radical alternative / Prabhat Patnaik and C.P. Chandrasekhar

Globalization, transnational corporations, and economic development: can the developing countries pursue strategic industrial policy in a globalizing world economy? / Ha-Joon Chang

Multinational corporations in the neo-liberal regime / James Crotty, Gerald Epstein, and Patricia Kelly

Implications of globalization for macroecnomic theory and policy in developing countries / Amit Bhaduri

Asia and the crisis of financial globalization / David Felix

Globalization and financial systems: policies for the new environment / Marc Schaberg

Housing finance in the age of globalization: from social housing to life-cycle risk / Gary Dymski and Dorene Isenberg

Openness and equity: regulating labor market outcomes in a globalized economy / Jim Stanford

Integration and income distribution under the North American Free Trade Agreement: the experience of Mexico / Mehrene Larudee

Malthus redux? globalization and the environment / Eban Goodstein

Freedom to move in the age of globalization / Bob Sutcliffe

Immigration, inequality, and policy alternatives / Gregory DeFreitas

Notes on international migration suggested by the Indian experience / Prabhat Patnaik and C.P. Chandrasekhar

The NAIRU: is it a real constraint? / Dean Baker

Internal and external constraints on egalitarian policies / Andrew Glyn

The effects of globalization on policy formation in South Africa / Laurence Harris and Jonathan Michie

Can domestic expansionary policy succeed in a globally integrated environment? an examination of alternatives

Robert Pollin.

Notes:

Includes bibliographical references and index.

ISBN:

0521643600

0521643767

OCLC:

39640060