Making Globalization Work.

Joseph Stiglitz

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Four years after his global bestseller, Joseph Stiglitz now brings the story up to the present, examining how change has occurred even more rapidly since then, proposing solutions and looking into the future. Here he puts forward radical new ways of dealing with the crippling indebtedness of developing countries, a new system of global reserves to overcome international financial instability, and an economically incentivised framework for dealing with energy pollutions which create global warming and which threaten us on a planetary scale. He argues convincingly for the reform of global institutions such as the UN, the IMF and the World Bank to make them truly capable of responding to the problems of our age and shows why treating developing countries more fairly is not only morally right, but because it increases global public goods, is ultimately to the advantage of the developed world too.

Above all, Stiglitz argues we need to change the way we think. Now more than ever before, globalization is bringing the countries and the peoples of the world into one interdependent community, bringing with it a need to think and act globally. This trenchant, intellectually powerful and inspiring book is a step in the process.

What will you learn from this book

  1. Fair Trade: Stiglitz argues for fair trade practices that ensure developing countries can benefit from global trade.

  2. Global Governance: He emphasizes the need for better global governance structures to address issues like financial stability, climate change, and global health.

  3. Income Inequality: Stiglitz discusses how globalization has contributed to income inequality and proposes solutions to address this issue.

  4. Environmental Sustainability: He highlights the importance of ensuring that globalization does not come at the expense of environmental sustainability.

  5. Social Protection: Stiglitz advocates for social protection measures to mitigate the negative impacts of globalization on vulnerable populations.

  6. Financial Regulation: He argues for stronger financial regulation to prevent financial crises and ensure stability in the global economy.

  7. Technology Transfer: Stiglitz discusses the importance of technology transfer to help developing countries benefit from technological advancements.

  8. Education and Training: He emphasizes the need for investing in education and training to ensure that people can adapt to the changing demands of the global economy.

  9. Corporate Responsibility: Stiglitz calls for greater corporate responsibility in terms of labor practices, environmental impact, and contribution to local communities.

  10. Democratic Participation: He argues that democratic participation is essential for ensuring that globalization works for the benefit of all people.

Language English
ISBN-10 0713999098
ISBN-13 9780713999099
No of pages 358
Font Size Medium
Book Publisher Penguin UK
Published Date 07 Sep 2006

About Author

Author : Joseph Stiglitz

4 Books

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