The Puzzle of Twenty-First-Century Globalization explores the opportunities and challenges of our international economic system. Patrice Franko and Stephen Stamos clearly trace how the ways we produce, finance, and trade goods and services are profoundly shaped by technologies of communication, transportation, and trade. Globalization encourages hyper-specialization—lavishly rewarding those with the skill sets to serve the global marketplace and punishing those poorly positioned to compete. Globalized systems have created great prosperity—along with instability, vulnerability, and backlash. Few genuinely understand the complex underpinnings of our international economic system—and these specialists tend to operate in isolated silos of finance, trade, and production. But without appreciating how systems come together, we cannot explain political reactions against the costs of globalization such as the Brexit vote or the rise of Donald Trump. We don’t value the changing geo-economic importance of the developing world nor the deep threat to ecosystems. This book is the first to emphasize the interrelated economic aspects of globalization from an interdisciplinary perspective. By placing an introduction to trade, finance, and multinational production in the same text that discusses the changing role of developing countries and the challenges to the environment, the authors provide the novice with the basics to understand the global economy while also challenging advanced students to appreciate global connectivity. Closing the knowledge gap in international economics, the authors present the historical context, interdisciplinary grounding, and competing political perspectives needed to encourage sound critical thinking around contemporary globalization. They provide the essential global economic tools to equip all readers to make decisions that may foster a fairer, more sustainable global system.
Les mer
This book provides a clear and concise toolkit to understand how trade, finance, and production bind us in a globally connected international system. Presenting both the theory and the evidence needed to understand economic globalization, this essential primer helps readers understand the character and contradictions of the global economy.
Les mer
Preface Chapter 1 Twenty-First-Century Globalization Chapter 2 Globalization: Historical Perspectives Chapter 3 A New Dynamic of Global Trade Chapter 4 International Finance: Global Financial Flows and Crises Chapter 5 Emerging Market and Developing Economies Chapter 6 Globalized Production and Labor Markets Chapter 7 Sustainability Chapter 8 Conclusion: We Are Bound Together Glossary Bibliography Index
Les mer
Franko and Stamos offer an accessible overview of how we have gotten to the current global economy, how it operates, who the players are, as well as who gains and who loses. A timely primer indeed for those who seek to understand this fundamentally important dimension of how the economy works and its impacts on communities and citizens.
Les mer
Offers a concise, easily understood exploration of the economic architecture of the global economy

Produktdetaljer

ISBN
9780742556911
Publisert
2017-03-02
Utgiver
Vendor
Rowman & Littlefield Publishers
Vekt
699 gr
Høyde
264 mm
Bredde
181 mm
Dybde
21 mm
Aldersnivå
U, 05
Språk
Product language
Engelsk
Format
Product format
Innbundet
Antall sider
282

Biographical note

Patrice Franko is Grossman Professor of Economics at Colby College. She is also the author of The Puzzle of Latin American Economic Development. Stephen C. Stamos Jr. is professor emeritus at Bucknell University.