WHAT DO WE KNOW ABOUT GLOBALIZATION?

What Do We Know About Globalization: Issues of Poverty & Income Distribution examines the two fundamental arguments that are often raised against globalization: that it produces inequality and that it increases poverty.



A lively and accessible argument about the impact and consequences of globalization from a leading figure in economics - Dehesa is Chairman of the Centre for Economic Policy Research and a member of the Group of Thirty

Demonstrates the ways in which wealthy nations and developing countries alike have failed to implement changes that would result in a reversal of these social ills

Dispels the notion of the so-called 'victim of globalization', demonstrating how, despite popular belief, acceleration of globalization actually stands to reduce the levels of poverty and inequality worldwide

Asks whether increased technological, economic, and cultural change can save us from international income inequality, and by extension, further violence, terrorism and war

Guillermo de la Dehesa is the Chairman of the Centre for Economic Policy Research. He spent twenty years in various Spanish governmental positions from the late 1960s through to the 1980s. Since leaving the public sector he has held a number of chairman and chief executive positions in the private sector; he is currently Vice Chairman of Goldman Sachs Europe, Independent Director of the Santander Banking Group and of Aviva plc, and Chairman of the Instituto de Empresa Business School. He is a member of the "Group of Thirty," a non-profit, independent consultative group which counts luminaries such as Mervyn King (Governor of the Bank of England), Larry Summers (former President of Harvard), and Paul Krugman among its ranks. Guillermo de la Dehesa is also the author of Winners and Losers in Globalization (Blackwell, 2006).

“Consumer warning: Do not go any further if you are looking for another polemic about globalization and its problems. Do read this book if you want to better understand how to extend globalization’s benefits to countries and people that are not benefiting as much as they could.”
From the Foreword by Stanley Fischer

“Guillermo de la Dehesa masterfully synthesizes a wide universe of empirical findings and conceptual reasoning to shed much-needed light – not heat – on the big issues of globalization.”
Jeffrey Frankel, John F. Kennedy School of Government, Harvard University

“Extended literature review … approach, supplemented generously by the author’s own careful analysis, makes the essays both substantial and accessible to a wider audience.” Choice

Foreword: Stanley Fischer (Bank of Israel).
Introduction.
1. Technical Progress and Economic Prosperity.
2. Technical Progress, Poverty, and Inequality.
3. Growth Reducing Exogenous and Structural Factors.
4. Growth Reducing Endogenous Factors.
5. The World Distribution of Income.
6. Globalization and Inequality.
7. More Developing Countries’ Access to Developed Countries’ Markets.
8. More Foreign Direct Investment to Developing Countries.
9. More Integration of Trade and Finance.
10. More and Better Development Aid.
11. More Migration.
Conclusion.
Bibliography.
Index