Description
In Globalization, authors Bruce Greenwald and Judd Kahn cut through the myths surrounding globalization and look more closely at its real impact, presenting a more accurate picture of the present status of globalization and its future consequences. Page by page, they uncover the real facts about globalization and answer the most important questions it raises, including: Will globalization increase or diminish in economic importance? Do higher living standards depend more on global or local conditions– and What are the actual implications of globalization for financial markets?
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Greenwald (finance and asset management, Columbia U.) and economist Joseph Stiglitz have taught a course on globalization since 2002, and he and Kahn, a management consultant, have adapted the material into a book for general readers. For all the hoopla about globalization changing the world, they contend, in fact it has little impact on most people's lives and probably never will. They consider whether countries control their fates, employment, profit, and international finance. There is one fly in the ointment, they confess: American must stop being the world's consumer of last resort; they have some ideas about how. Annotation ©2009 Book News, Inc., Portland, OR (booknews.com)
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