Globalization - Between a Convoy Model and an Underconsumptionist Threat (Paperback)

Today's globalization is characterized by the worldwide disempowerment of labor. This is not the result of low real wages in backward countries but of devaluation-driven exports from relatively prosperous catch-up countries. An alternative form of globalization, the convoy model, is possible if the causes of devaluation-driven exports are eliminated. This does not call for a worldwide alignment of labor costs, but worldwide full employment policies, requiring a strong state in labor-surplus economies of the underdeveloped areas and social and economic reforms in favor of the poor.

Hartmut Elsenhans is professor of International Relations at Leipzig University, Germany.

General

Imprint:	Lit Verlag
Country of origin:	Germany
Release date:	March 2006
First published:	March 2006
Authors:	Hartmut Elsenhans
Dimensions:	210 x 144 x 18mm (L x W x T)
Format:	Paperback
Pages:	312
ISBN-13:	978-3-8258-9219-7
Categories:	Books > Reference & Interdisciplinary > Interdisciplinary studies > Globalization
LSN:	3-8258-9219-0
Barcode:	9783825892197

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