Saving Globalization

Globalization is not new, nor is it a policy, it’s a process that has existed as long as man looked over the horizon, travelled and traded. It can’t be stopped but it can be slowed. It came to a grinding halt in August 1914 and the Marxist detour cost millions of lives and lost three generations their opportunity and hope in many countries. More wealth has been created in the past 60 years than in all of history. After the most successful decade of sustained economic growth in history, this progress is threatened. Extreme inequality, corruption and environmental degradation threaten the stability and legitimacy of many developing countries’ regimes. Anti-globalization and anti-capitalist campaigners’ confidence has been emboldened due to the present economic crisis. Protectionist rhetoric is growing as are the arguments to control and regulate markets. Leaders are meeting to discuss how to face these problems and create a new international architecture. How did we get to this position? What should we do? What is it that determines why some contemporary states are successful while others have failed? Saving Globalization departs from its analysis of the globalised economy in the twenty-first century to answer these question by tracing the development of what Moore considers to be ‘the big ideas of history’: democracy, independent courts, the separation of church and state, property rights, independent courts, a professional civil service, and civil society. Democratic capitalism has worked for most people. Why? It is a remarkable story, from the Greeks to the Geeks, encompassing technological progress and the corrections and contradictions between liberty and equality, technology, growth and the environment. In defence of the many virtues and opportunities that globalisation offers, Mike Moore makes the case for a fresh and new approach to our international Institutions and for domestic policies that promote equity and fairness. The book controversially attacks the new enemies of reason and evidence. The threats now come from all sides, especially workers in developed countries who fear for their jobs. Mike Moore is a political practitioner turned theoretician.

In this provocative book by one of the nation's leading economists, Barry Bosworth argues that trade disparities are not the result of external infraction, but rather a reflection of domestic failures.

This book explores how Indigenous Peoples are impacted by globalization and the cult of the individual that often accompanies the phenomenon.

We live today in an interconnected world in which ordinary people can became instant online celebrities to fans thousands of miles away, in which religious leaders can influence millions globally, in which humans are altering the climate and environment, and in which complex social forces intersect across continents. This is globalization. In the fifth edition of his bestselling Very Short Introduction Manfred B. Steger considers the major dimensions of globalization: economic, political, cultural, ideological, and ecological. He looks at its causes and effects, and engages with the hotly contested question of whether globalization is, ultimately, a good or a bad thing. From climate change to the Ebola virus, Donald Trump to Twitter, trade wars to China's growing global profile, Steger explores today's unprecedented levels of planetary integration as well as the recent challenges posed by resurgent national populism. ABOUT THE SERIES: The Very Short Introductions series from Oxford University Press contains hundreds of titles in almost every subject area. These pocket-sized books are the perfect way to get ahead in a new subject quickly. Our expert authors combine facts, analysis, perspective, new ideas, and enthusiasm to make interesting and challenging topics highly readable.

Through an analysis of Christian communities in the United States, Canada, and Costa Rica, this book analyzes how religious groups talk about the politics surrounding economic life. Amy Reynolds examines how these Christian organizations speak about trade and the economy as moral and value-laden spaces, deserving ethical reflection and requiring political action. She reveals the ways in which religious communities have asked people to engage in new approaches to thinking about the market and how they have worked to create alternative networks and policies governing economic and social life.

Over the past two decades, the percentage of the world’s population living on less than a dollar a day has been cut in half. How much of that improvement is because of—or in spite of—globalization? While anti-globalization activists mount loud critiques and the media report breathlessly on globalization’s perils and promises, economists have largely remained silent, in part because of an entrenched institutional divide between those who study poverty and those who study trade and finance. Globalization and Poverty bridges that gap, bringing together experts on both international trade and poverty to provide a detailed view of the effects of globalization on the poor in developing nations, answering such questions as: Do lower import tariffs improve the lives of the poor? Has increased financial integration led to more or less poverty? How have the poor fared during various currency crises? Does food aid hurt or help the poor? Poverty, the contributors show here, has been used as a popular and convenient catchphrase by parties on both sides of the globalization debate to further their respective arguments. Globalization and Poverty provides the more nuanced understanding necessary to move that debate beyond the slogans.

"Civil society" is a loaded concept in Russia; during the Soviet period, the voices that heralded civil society were the same ones that demanded the Union's dissolution. So, for the Kremlin, civil society is not the guarantor of democracy, but a force that has the power to end governments. This book looks at how civil society negotiates power on a global stage, under Russia's authoritarian regime, and in a particularly isolated and remote part of the world: within environmental activism around Lake Baikal in Siberia. More than a mile deep, Lake Baikal is the oldest, deepest, and most voluminous lake on the Earth, and home to thousands of endemic species. It is also ecologically unique in that it is oxygenated to its maximum depth and supports life even at the lake floor -- a phenomenon occurring nowhere else on the planet. The lake is not just a natural wonder, but home to a strong environmentalist community that works tirelessly to protect the lake from human harm. Environmentalism at Baikal began in the late 1950s, eventually igniting the first national protest in the USSR. They have remained active in some form ever since, across the years of chaos, instability, and crisis, from the opening of Russia to the forces of globalization to the authoritarianism of Putin in the present. This book examines the struggle of Baikal environmentalists to develop a new understanding of civil society under conditions of globalization and authoritarianism. Through extended, historically-informed ethnographic analysis, Kate Pride Brown argues that civil society is engaged with political and economic elites in a dynamic struggle within a field of power. Understanding the field of power helps to explain a number of contradictions. For example, why does civil society seem to both bolster democracy and threaten it? Why do capitalist corporations and environmental organizations form partnerships despite their general hostility toward each other? And why has democracy proven to be so elusive in Russia? The field of power posits new answers to these questions, as Baikal environmental activists struggle to protect and save their Sacred Sea.

This paper analyzes the consequences of the growing interdependence of world financial markets for Pacific developing countries. Section I discusses trends in financial integration in the Pacific and the underlying movements in saving and investment. Section II seeks to quantify the increased capital mobility, in terms of rate of return differentials and the degree of correlation between savings and investment rates across countries. Section III focuses on policy implications of increasing integration, including the effectiveness of macroeconomic policy instruments, the usefulness of the current account as a target of policy, and the dangers of excessive taxation of financial intermediation.