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Globalization and National Economic Welfare (Paperback, 1st ed. 2003)
Loot Price: R2,943
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Globalization and National Economic Welfare (Paperback, 1st ed. 2003)
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Globalization and National Economic Welfare makes an original,
powerful and timely contribution to a highly topical issue that
affects all countries by showing why globalization is unsustainable
in the long term without fundamental changes in existing attitudes
and institutions. The book analyzes one of the most important
aspects of economic policy at the beginning of the twenty-first
century: how to overcome the growing threat that inequalities
created by globalization pose, both nationally and internationally,
to economic progress and political stability. Economic problems,
from corporate fraud and bankruptcies to the high social costs of
the adjustments that globalization imposes on individual countries,
are becoming increasingly international and, consequently, demand
action at the supranational level. Yet the effective institutional
framework for dealing with these problems remains national. In
contrast to the neo-liberal approach, the author argues that the
state, as the only form of organization that has the power to
reconcile conflicts of interest nationally and internationally, has
a critical role to play in ensuring that globalization does not end
in failure and war.
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