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Books > Reference & Interdisciplinary > Interdisciplinary studies > Globalization
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The Asymmetries of Globalization (Hardcover)
Loot Price: R1,293
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The Asymmetries of Globalization (Hardcover)
Series: Routledge Studies in Development Economics
Expected to ship within 12 - 17 working days
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The discourse on globalization has become polarized. Proponents
consider globalization as the silver bullet for targeting growth in
the world economy and for poor countries specifically, while
opponents see it as the poisoned arrow of exploitation and
impoverishment of the Third World. Splendidly edited, The
Asymmetries of Globalization deals with the 'what' and 'how' but
primarily with 'why' globalization has most often negative outcomes
for developing countries. It breaks new ground in approaching
globalization not only as trade commodities, but also as trade in
positional goods ('decommodified trade.') The two novel and
munificent forms of post-Ricardian decommodified trade, trade in
services and trade in hard currency in the form of currency
substitution, are sculpted in the introductory chapter as the
foundation of the systematic asymmetries of globalization. The
analytical approach of introducing 'positional goods' in the form
of decommodified trade, in the discource on globalization, is
original. It is also timely in a situation where the tail of trade
in 'services' has grown enough to wag the traditional
trade-in-commodities dog of globalization. The balance of the
chapters in this volume constitute a tapestry of case studies that
elaborate and empirically investigate the causes of systematic
asymmetries of globalization. The book's appeal transcends
economics to make it also highly useful to students across the
disciplines of sociology and political science, especially in the
fields of international political economy and the politics of
international trade. It will certainly enlighten all those working
in the general areas of globalization, poverty and economic
development.
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