- Preface and Acknowledgements
- New to this Edition
- List of Figures
- List of Boxes
- List of Tables
- Abbreviations
- About the Contributors
- Guided Tour of Learning Features
- Guided Tour of the Online Resource Centre
- Part I Theoretical Approaches to Global Political Economy
- 1. The Study of Global Political Economy
- 2. The Nineteenth-Century Roots of Theoretical Traditions in Global Political Economy
- 3. Cooperation and Conflict in the Global Political Economy
- 4. The Domestic Sources of Foreign Economic Policies
- Part II Global Trade and Production
- 5. The Evolution of the Global Trade Regime
- 6. Regional Trade Agreements
- 7. The Globalization of Production
- PART III Global Finance
- 8. The Evolution of the International Monetary and Financial System
- 9. The Political Economy of Global Financial Crises
- Part IV Globalization and the State
- 10. The Logics of Economic Globalization
- 11. Globalization’s Impact on States
- PART V Development, Equality, and the Environment
- 12. Global Growth, Inequality, and Poverty: The Globalization Argument and the ‘Political’ Science of Economics
- 13. The Political Economy of Development
- 14. The Political Economy of the Environment
- Glossary
- References
- Index
(p. 317) PART V Development, Equality, and the Environment
- Author(s):
John Ravenhill
This chapter examines the globalization argument, which warns that mutual benefits will be at risk if countries start to backslide on market liberalization. It begins with a discussion of trends in globalization over the past century, and the kind of evidence provided by mainstream economists to support the globalization argument. It then considers global-level trends in economic growth, income inequality, and poverty over the past few decades. It also explains why the consensus among economists about the virtues of globalization has been so resilient. It concludes by outlining some challenges for economists, especially in the field of professional ethics. The chapter argues that the evidence for the globalization argument is not as robust as the policy mainstream presumes.
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- Preface and Acknowledgements
- New to this Edition
- List of Figures
- List of Boxes
- List of Tables
- Abbreviations
- About the Contributors
- Guided Tour of Learning Features
- Guided Tour of the Online Resource Centre
- Part I Theoretical Approaches to Global Political Economy
- 1. The Study of Global Political Economy
- 2. The Nineteenth-Century Roots of Theoretical Traditions in Global Political Economy
- 3. Cooperation and Conflict in the Global Political Economy
- 4. The Domestic Sources of Foreign Economic Policies
- Part II Global Trade and Production
- 5. The Evolution of the Global Trade Regime
- 6. Regional Trade Agreements
- 7. The Globalization of Production
- PART III Global Finance
- 8. The Evolution of the International Monetary and Financial System
- 9. The Political Economy of Global Financial Crises
- Part IV Globalization and the State
- 10. The Logics of Economic Globalization
- 11. Globalization’s Impact on States
- PART V Development, Equality, and the Environment
- 12. Global Growth, Inequality, and Poverty: The Globalization Argument and the ‘Political’ Science of Economics
- 13. The Political Economy of Development
- 14. The Political Economy of the Environment
- Glossary
- References
- Index
