Economic history: When did globalisation start?

“GLOBALISATION” has become the buzzword of the last two decades. The sudden increase in the exchange of knowledge, trade and capital around the world, driven by technological innovation, from the internet to shipping containers, thrust the term into the limelight. Some see globalisation as a good thing. According to Amartya Sen, a Nobel-Prize winning economist, globalisation “has enriched the world scientifically and culturally, and benefited many people economically as well”. The United Nations has even predicted that the forces of globalisation may have the power to eradicate poverty in the 21st century. Others disagree. However, economic historians reckon the question of whether the benefits of globalisation outweigh the downsides is more complicated than this. Early economists would certainly have been familiar with the general concept that markets and people around the world were becoming more integrated over time. Globalisation has not always been a one-way process. Alvey, J.

David Held - Global Covenant: The Social Democratic Alternative to the Washington Consensus Description In this pathbreaking book, one of the world’s leading analysts of globalization and global governance confronts the failures of international politics in the aftermath of 9/11 and the war against Iraq. He argues that there were and are alternatives to the way the western coalitions responded to the profound challenges of mass terrorism and political violence - alternatives which can better address the roots of these challenges and deliver political and social justice. In order to grasp this alternative, the changing structure of the global order has to be understood. To this end, the book is divided into three sections: economics, politics and law. In each section contemporary trends are analyzed, problems confronted, and a series of detailed policies set out. This is an original book that will appeal to all those - students, policy makers, and the general reader - who confront questions about globalization and global governance. Hardcover Status Available Edition First Edition