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Book Code: GR4213
ISBN: 0-313-34213-X
ISBN-13: 978-0-313-34213-4
184 pages, figures; tables
Greenwood Press
Publication: 12/30/2007
List Price: $55.00 (UK Sterling Price: £31.95)
Availability: In Stock
Media Type: Hardcover
Trim Size: 6 1/8 x 9 1/4
Subjects: Reviews:
  • Boudreaux (George Mason Univ.) focuses on globalization, leading readers through terms, arguments, counterarguments, institutions, and a discussion of the impact of a global economy on the US and other countries....Free market arguments prevail in this work, but that is consistent with the feelings of most economists who study the issues objectively. Recommended.
    —Choice
    July 2008
  • No contemporary economic issue is as subject to misunderstanding, fear-mongering and polarised debate as globalization. In this superb explosition, couched in crystal-clear prose that can be grasped with ease, American academic Donald Boudreaux makes the case for a global trade in goods and services. Covers a crucial subject and deserves as wide a readership as possible.
    —Metro
    March 2008
Description: The contemporary era of globalization demonstrates that the local and global aspects of business and government are increasingly intertwined. Over the past fifty years, international business has evolved from the realm of the largest multinational corporations to the base scenario; every business and every citizen who participates in economic activity--by creating, buying, and selling products and services--is now a member of the global economy. But moving our thinking and actions beyond the local sphere is both challenging and problematic; the international domain is more complex, and introduces a new dimension of risks and uncertainties. Yet it it also ripe for business opportunity and wealth creation for those who learn how to navigate in it. Globalization defines and makes sense of the workings of the global economy--and how it influences businesses and individuals on a local scale. Each chapter identifies common questions and issues that have gained exposure in the popular media--such as outsourcing, the high cost of international travel, and the impact of a fast-growing China--to illustrate underlying drivers and mechanisms at work. Covering international trade, national wealth disparities (the haves vs. the have-nots), foreign investment, and geographical and cultural issues, and supported with illustrations, maps, charts, a glossary and timeline of key events, this volume illuminates the dynamics of the global economy and informs readers of its profound impact on our daily lives.
LC Card Number: 2007035351
LCC Class: HF1379
Dewey Class: 337
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