Trade Globalization and Poverty 1st edition by Elias Dinopoulos, Pravin Krishna, Arvind Panagariya, Kar yiu Wong ISBN 0415773229 978-0415773225

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ISBN 10: 0415773229
ISBN 13: 978-0415773225
Author: Elias Dinopoulos, Pravin Krishna, Arvind Panagariya, Kar yiu Wong 

An outstanding work, written to celebrate the seventieth birthday of Jagdish Bhagwati; the foremost defender of free trade and its role in developing economies in the world today, this rigorously academic and critical volume represents an important contribution to the understanding of many aspects of globalization. The editors, affiliated with four of the leading economics departments in the USA bring together a stellar line of contributors from across the world to discuss the themes and arguments raised by Bhagwati’s latest work.

A renowned professor of economics and regarded as one of the foremost international trade economist of modern times, Jagdish Bhagwati has written or edited over forty books including In Defence of Globalization and Free Trade Today as well as being the founding editor of Economics and Politics and The Journal of International Economics.

A tribute to the great intellectual accomplishments and the inspiration that Jagdish Bhagwati provided to the field during his prolific and influential career, this book is a must read for all students and academics studying or working in international trade and development economics.

Trade, Globalization and Poverty 1st Table of contents:

1. Introduction

   • 1.1 Defining Key Concepts: Trade, Globalization, and Poverty
   • 1.2 The Debate: How Trade and Globalization Affect Poverty
   • 1.3 Objectives of the Report

2. Theories of Trade and Economic Development

   • 2.1 Classical Theories of Trade and Comparative Advantage
   • 2.2 Modern Theories: New Trade Theory and Global Value Chains
   • 2.3 The Role of Trade in Economic Development and Poverty Reduction
   • 2.4 Criticisms of Trade as a Tool for Poverty Alleviation

3. Globalization: Causes and Dimensions

   • 3.1 Understanding Globalization: Economic, Cultural, and Political Dimensions
   • 3.2 The Role of Technology and Information in Globalization
   • 3.3 The Globalization of Trade and Finance
   • 3.4 The Impact of Global Supply Chains and Multinational Corporations

4. Trade Liberalization and Poverty

   • 4.1 What is Trade Liberalization?
   • 4.2 The Economic and Social Effects of Reducing Trade Barriers
   • 4.3 Case Studies: Successes and Failures in Poverty Reduction via Trade Liberalization
   • 4.4 The Impact of Tariff Reductions on Developing Countries

5. Global Trade Agreements and Their Impact on Poverty

   • 5.1 The Role of International Trade Agreements: WTO, NAFTA, and Regional Agreements
   • 5.2 Trade Rules and Their Impact on Developing Countries
   • 5.3 The Benefits and Drawbacks of Global Trade Agreements for Poverty Reduction
   • 5.4 Reforming Trade Agreements to Address Inequalities

6. Globalization and Inequality

   • 6.1 How Globalization Affects Income Inequality
   • 6.2 The Divide Between Rich and Poor Countries: The North-South Gap
   • 6.3 Domestic Inequalities: Within-Country Disparities in Wealth and Income
   • 6.4 Policies to Mitigate the Negative Effects of Globalization on Inequality

7. Sectoral Impacts of Trade and Globalization

   • 7.1 Agriculture and Rural Development: Opportunities and Challenges
   • 7.2 Manufacturing and Industrialization: Job Creation vs. Job Loss
   • 7.3 Services and the Knowledge Economy: Growth Areas for Poverty Reduction
   • 7.4 The Impact of Globalization on Labor Markets and Employment

8. The Role of Foreign Direct Investment (FDI)

   • 8.1 Understanding Foreign Direct Investment and Its Role in Globalization
   • 8.2 FDI and Economic Growth: Can It Lead to Poverty Reduction?
   • 8.3 The Risks of FDI: Environmental and Social Considerations
   • 8.4 Case Studies: Successful FDI Projects in Developing Countries

9. Trade, Globalization, and Environmental Sustainability

   • 9.1 The Environmental Costs of Globalization
   • 9.2 Sustainable Development Goals (SDGs) and Trade
   • 9.3 The Role of International Trade in Promoting Green Technologies
   • 9.4 Balancing Economic Growth and Environmental Protection in Globalization

10. The Politics of Trade, Globalization, and Poverty

    • 10.1 The Role of Governments in Shaping Global Trade Policy
    • 10.2 Global Economic Governance: The Role of International Institutions (IMF, World Bank, etc.)
    • 10.3 The Politics of Trade Protectionism and Its Impact on Poverty
    • 10.4 Political Movements and Globalization: Advocacy for Fair Trade and Social Justice

11. Case Studies on Trade, Globalization, and Poverty Reduction

    • 11.1 Case Study 1: Trade Liberalization in China and Its Impact on Poverty
    • 11.2 Case Study 2: Trade Policies in Sub-Saharan Africa and Economic Growth
    • 11.3 Case Study 3: Globalization and the Reduction of Poverty in India
    • 11.4 Case Study 4: The Role of Trade in Poverty Alleviation in Latin America

12. The Future of Trade, Globalization, and Poverty

    • 12.1 Emerging Trends in Global Trade and Their Implications
    • 12.2 The Potential of Digital Trade and E-commerce in Reducing Poverty
    • 12.3 Rethinking Globalization: A More Inclusive and Sustainable Future
    • 12.4 Policy Recommendations for Maximizing the Benefits of Global Trade for Poverty Reduction

13. Conclusion

    • 13.1 Key Insights from the Report
    • 13.2 Policy Implications for Policymakers and Practitioners
    • 13.3 Final Thoughts on the Role of Trade and Globalization in Reducing Poverty

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