Series: Elgar original reference
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With contributions from the leading commentators in the field and an over-arching introduction from the editor, the concerns of this updated and revised Handbook are two-fold. Firstly, to redefine the concept of globalisation and dispel the haze that surrounds it through a systematic and thorough examination of the debate. Secondly, to advance the frontiers of current critical thinking on the role and impact of globalisation, on the winners and losers in the process, and on the implications for society, the economy and governance.
Contributors: P. Arestis, E. Braunstein, P. Brosnan, H.-J. Chang, C. Craypo, G. DeMartino, G. Dymski, G. Epstein, A. Glyn, J. Heintz, C. Hines, P. Hirst, G.M. Hodgson, J. Howells, G. Ietto-Gillies, M. Koenig-Archibugi, S. Lee, P. Lysandrou, J. Michie, J.G. Palma, M. Panic, J. Perraton, J. Plasmans, M. Sawyer, S. Sinclair, A. Singh, J. Stanford, B. Sutcliffe, G. Thompson, J. Toye, F. Wilkinson, R. Woodward, A. Zammit
Full table of contents
Globalisation is an issue that has been high on the research agenda for several years, spawning a vast and at times unwieldy literature. A concept often ill-defined, it has generated a plethora of unresolved and fiercely contested questions, the nature of which depends on which side of the ideological divide one stands.
The 2008 global credit crunch, which in 2009 created the first global recession since the 1930s, demonstrated that the ‘capitalism unleashed’ model of globalisation which had been promoted from the 1980s onwards was both damaging and unsustainable.
With contributions from the leading commentators in the field and an over-arching introduction from the editor, the concerns of this updated and revised handbook are two-fold. Firstly, to redefine the concept of globalisation and dispel the haze that surrounds it through a systematic and thorough examination of the debate. Secondly, to advance the frontiers of current critical thinking on the role and impact of globalisation, on the winners and losers in the process, and on the implications for society, the economy and governance.
Offering a genuinely inter-disciplinary perspective, this Handbook represents the definitive guide to what is an all-pervasive issue. It should be on the bookshelves of all postgraduate and advanced undergraduate students in economics, business, international studies and related fields, as well as scholars and policymakers with an interest in the global economy and in the functioning of an increasingly globalised world.
Globalisation: Introduction and Overview
PART I: GLOBALISATION IN QUESTION?
1. The Future of Globalisation
Paul Hirst and Grahame Thompson
2. Financial Globalization? History, Conditions and Prospects
3. The Scope and Implications of Globalisation
4. Measures of Globalisation and their Misinterpretation
Bob Sutcliffe and Andrew Glyn
PART II: ANALYSING THE GLOBAL ECONOMY
5. Innovation and Globalisation: A Systems of Innovation Perspective
6. The International Debt Crisis
7. National Inequality in the Era of Globalisation: What do Recent Data Tell Us?
José Gabriel Palma
PART III: TRANSNATIONAL CORPORATIONS
8. The Role of Transnational Corporations in the Globalisation Process
9. The Role and Control of Multinational Corporations in the World Economy
10. Foreign Direct Investment and Development from a Gender Perspective
PART IV: LABOUR STANDARDS
11. The Minimum Wage in a Global Context
12. Globalisation, Labour Standards and Economic Development
Ajit Singh and Ann Zammit
13. Global Labor Standards: Their Impact and Implementation
PART V: EUROPE AND NORTH AMERICA
14. Productivity and Competition from a Global Point of View
15. European Integration and the ‘Euro Project’
Philip Arestis and Malcolm Sawyer
16. The North American Free Trade Agreement: Context, Structure and Performance
17. The Low Road to Competitive Failure: Immigrant Labour and Emigrant Jobs in the US
Charles Craypo and Frank Wilkinson
PART VI: GOVERNANCE
18. Governance in a Globalised World
19. Global Governance
20. The Political Economy of the Third Way: The Relationship between Globalisation and National Economic Policy
PART VII: INTERNATIONAL ECONOMIC INSTITUTIONS
21. The WTO and its GATS
22. The International Monetary Fund and the World Bank
23. A New ‘Bretton Woods’ System?
PART VIII: POLICY IMPLICATIONS AND RESPONSES
24. Kicking Away the Ladder – Globalisation and Economic Development in Historical Perspective
25. Time to Replace Globalisation with Localisation
26. Free Trade or Social Tariffs?
27. Global Inequality and the Global Financial Crisis: The New Transmission Mechanism
28. The Great Crash of 2008 and the Reform of Economics
Geoffrey M. Hodgson