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Globalisation of finance has now surpassed the globalisation of production and taken on a life of its own. No longer associated with flows of real resources, international trade or productive investment, but merely attracted by short-term speculative gains, these volatile financial flows make it difficult for governments to pursue independent economic policies that are inconsistent with the interests of global finance capital. This book argues that...
Description
"Television is now a global system, increasingly concentrated in the hands of huge corporations dedicated to the pursuit of profit by selling a standardised product round the world. The same programmes, news as well as entertainment, can be seen by suburbanites in the American Mid-West, by Indian villagers, by slum dwellers in the metropolises of Latin America and Asia. The assumption is that television now works largely to flatten out cultural and...
Description
"Globalization does not have to entail a loss of sovereignty. Indeed, if the proper policies are adopted, it can strengthen that sovereignty. But to manage globalization requires that we recognize the importance of global public goods. The essays here suggest innovative and practical strategies to ensure a more reliable supply of these public goods - such as environmental sustainability, market efficiency, equity, health, knowledge or peace." "The...
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"This book is an investigation of the 300 year old model of global journalism used by the Western news media. It argues that the framework of localization is fragile and unable to cope with the issues, events, agents and institutions of globalization that exist, and that the current model of news gathering and reporting requires rethinking"--Provided by publisher.
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This is a revision of the business of global banking. With the increased globalization of the world economy few sectors are the equal of banking and financial services in dynamism or structural change. Roy C. Smith and Ingo Walter assess this transformation-its causes, its course and its consequences. They begin by examining international commercial banking, including the issue of cross-border risk evaluation and exposure management, and the creation...
Description
Globalization is a powerful force for poverty reduction as societies and economies around the world are becoming more integrated. Although this international integration presents tremendous opportunities for developing countries, it also has raised concerns about rising inequality, shifting power, and cultural uniformity. This report assesses the impact of globalization and addresses the ensuing anxieties. It proposes an agenda for action aimed at...
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"For decades, the idea that more education will lead to greater individual and national prosperity has been a cornerstone of developed economies. Indeed, it is almost universally believed that college diplomas give Americans and Europeans a competitive advantage in the global knowledge wars." Challenging this conventional wisdom, The Global Auction forces us to reconsider our deeply held and mistaken views about how the global economy really works...
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"The Corporate Planet brilliantly exposes the elaborate efforts of giant corporations to "greenwash" themselves, and it demonstrates how they are using free trade agreements and World Bank loans to build a world order where they are accountable only to themselves. From Tokyo, where Mitsubishi processes rain forest logs from around the world, to a polluting Chevron oil refinery in California, to India, China, and Brazil, where global chemical companies...
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The book explains how U.S. regulators and foreign policy makers have struggled to keep pace with the internationalization of banks. The nation has modified its laws and foreign economic policies to protect the domestic banking system, ensure the stability of international financial markets, and, at times, promote specific foreign policy goals. Although U.S. policies have often hinged on the actions of private banks, such policies rarely succeed. Despite...
16) Globalization
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Description
The succeeding chapters trace the effects of the process through the arenas of economy, politics and culture. Here the book gives a lively treatment to such topics as planetary environmentalism, the new international division of labour, the new world order, growing religious fundamentalism and democratization and marketization. These topics are integrated within a theoretical account that views globalization as the consequence of the new pre-eminence...
Description
Fung (Chinese studies, College of Business Administration, U. of Missouri at St. Louis, US), Pei (Graduate School of the Chinese Academy of Social Sciences), and Zhang (economics, Illinois State U.) present a volume that collects current research and analysis on the Chinese economy, especially it relates to China's accession to the World Trade Organization. The eighteen chapters are divided into four parts dealing with economic performance after accession,...
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Description
"Author Janice Love demonstrates the complex realities of how local and global politics are intimately interwoven, sometimes inextricably so, specifically in southern Africa. Like many other regions, such linkages in southern Africa have existed for decades, if not centuries. Yet, the current era is different from previous times when human communities found themselves closely intertwined. Love examines changes in military, political, and economic...
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