Making Globalization Work
Making Globalization Work by Joseph E. Stiglitz, published by Penguin Books in 2007, explores the complexities of globalization and its uneven benefits across the globe. In this edition, Stiglitz addresses the pressing question of why globalization has not positively impacted as many people as it should. He presents a vision for a more equitable world, suggesting that change is possible through innovative solutions to issues such as the debt crisis in developing countries and the need for a new system of global reserves.
Readers will find Stiglitz’s analysis of international economic relations and the role of global institutions like the UN, IMF, and World Bank particularly insightful. He proposes a framework that combines economic incentives with principles of equity to tackle significant challenges, including global warming. By advocating for fairer treatment of developing nations, Stiglitz argues that such reforms are not only morally imperative but also beneficial for developed countries. This 358-page book is written in English and provides a comprehensive examination of the future of globalization and its potential to work for everyone.
Official synopsis Publisher
Why isn’t globalization benefiting as many people as it should? Joe Stiglitz shows us that things can change and that an optimistic world can exist where globalization really does work.
Stiglitzexamines how change has occurred rapidly over the past four years, proposing solutions and looking to the future. 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 a new framework, combining economic incentives and principles of equity, for dealing with the greatest threat to our planet, global warming – one which is more likely to be accepted both by the US and the developing world than previous proposals. 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 ultimately will be to the benefit of the developed countries as well.
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