“Taking a systems perspective to explain globalisation, this book succeeds in demarcating certain assumptions in order to understand globalisation as an ongoing process.”
—THE FINANCIAL EXPRESS
Globalization is more than a buzzword; it is a complex and evolving process that continually reshapes our environment. Developments around the world in religion, politics, culture, macroeconomics, technology and sustainability all impact business at some level; this book helps students understand the bigger picture of our global business world.
Written in an engaging style, Globalization: A Multidisciplinary System argues for a careful consideration of the causes and effects of globalization, ending with a review of the debate for and against it. Packed with relevant examples and case studies, this book introduces the multidimensionality of globalization, reveals its complexity, and provides a systems framework that clarifies the context of globalization and helps students understand what globalization entails—and then helps them derive implications for business decisions from it.
Features and Benefits
- Translates the fundamental systems model into an accessible analytical framework so students can clearly grasp the nuances of this area of study
- Examines the multidimensional nature of the globalization system and integrates the systems perspective throughout the book, encouraging students to think differently and comprehensively about globalization
- Offers a readable style with brief case studies that clearly illustrate chapter themes and discussion questions that trigger further thought
- Additional instructor's resources are available from the author. Please contact him directly at email@example.com
This book is an excellent supplement for upper-level undergraduate or graduate courses in International Business, International Economics, International Relations or Cross-Cultural Management.
Chapter 6: Economic Development and Poverty
Economic Development and Poverty
Any discussion of globalization invariably veers around to the topic of free trade. Free trade has become a poster child for globalization for both its supporters and detractors. When trade and finance ministers from around the world meet regularly to discuss ways to liberalize trade, they manage to draw protestors by the thousands.
Whether free trade is beneficial is an ongoing debate. Adam Smith and David Ricardo are two economists who provided much of the early theoretical justification for laissez faire and free trade. They have been dead since 1790 and 1823, respectively, but their names appear on the pages of our newspapers and magazines even today to shore up arguments for free trade in the face of the ...