Globalization, Growth, and Poverty: Building an Inclusive World Economy (A World Bank Publication Series)

Rating:
Summary: Comprehensive discussion of Globalization
Review: The signal to noise ratio in the discussion of Globalization makes it hard to sort out what is really going on. Much of the discussion comes from anecdotal evidence or from a particular point of view. Of course, it is impossible to be completely objective about anything, but since the mission of the World Bank, the publishers of this study, is "a world free of poverty" it's point of view at least attempts to not view globalization from the perspective of any particular nation or group and to represent different views.

The result is a strongly documented case for the beneficial effects of our increasingly globalized world. This books is a good reference books with facts about the distribution of income, poverty rates throughout the world, changes in GDP over time and other things that are frequently misrepresented by anti-globalization folks.

The book covers many things that are in books like The Lexus and the Olive Tree, A Future Perfect and so on about how the legal and social structure affect investment and growth. This book references the original studies and is a good starting point for research.

It also points out that the forces towards globalization, better communication, transportation and financial markets can easily be stopped in their tracks by trade wars as happened in the 1930's so educating oneself about the benefits of an integrated world economy can help make sure we do not have a repeat of the Great Depression.