Sources and further
reading
Sep 27th 2001
From The Economist
print edition
Representative
selections from the anti-globalist canon include: “No Logo”
by Naomi Klein, Picador, 2000; “Whose Trade
Organisation?” by
Lori Wallach and Michelle Sforza, Public Citizen, 1999; “The Captive State”
by George Monbiot, Macmillan, 2000; “Everthing for Sale”
by Robert Kuttner, Knopf, 1997; “Dark Victory”
by Walden Bello and others, Food First Books, 1999; and “The Silent Takeover”
by Noreena Hertz, Heinemann, 2001. A more persuasive sceptic (or quasi-sceptic)
than any of these is Dani Rodrik: see “Has Globalisation Gone Too Far?” Institute for International Economics (IIE), 1997; “The New Global
Economy and Developing Countries: Making Openness Work”, Overseas Development Council,
1999; and “Governance of Economic Globalisation”, an essay in “Governance in a Globalising World”, edited by Joseph Nye and John Donahue, Brookings,
2000. (This volume contains many other interesting papers.) Joseph Stiglitz’s
memorably intemperate attack on the IMF and the World Bank appeared in New Republic, issue of April
17th 2000.
“The Lexus and the Olive Tree” by Thomas Friedman, Farrar Straus and Giroux, 2000,
is a best-selling, much-quoted and deeply unsatisfactory sort-of defence of
globalisation. Much the most effective rebuttal of the charges levelled by
anti-globalists against multinationals is “Fighting the Wrong Enemy” by Edward Graham, IIE, 2000. See also two pamphlets
by David Henderson: “The MAI Affair: A Story and Its Lessons”, Royal Institute of International
Affairs, 1999, and “Anti-Liberalism 2000”, Institute of Economic Affairs,
2000. The website of the Institute for International
Economics contains a section devoted to briefing papers and other materials on
globalisation: warmly recommended.
Academic
books and papers referred to in the survey include the following. “Trade and Income
Distribution” by
William Cline, IIE, 1997; “Economic Reform and the Process of Global
Integration” by Jeffrey Sachs and Andrew Warner, Brookings Papers on
Economic Activity,
vol 1, 1995; “Does Trade Cause Growth?” by Jeffrey Frankel and David Romer, American Economic Review, June 1998; “Growth is Good for
the Poor” and “Trade, Growth and
Poverty”, both
by David Dollar and Aart Kraay, World Bank Research Papers 2587 and 2615,
respectively, available at www.worldbank.org/research/growth; and “Outward Orientation
and Development: Are Revisionsits Right?” by T.N. Srinivasan and Jagdish Bhagwati, available
at www.columbia.edu/~jb38/papers.htm. All of these contain extensive references to other
literature.
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