GlobalizationInstitute.org In Defense of Globalization, Book, Jagdish Bhagwati, Amazon.com
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Globalisation Institute - Home
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We believe that globalisation is a force for good. Only by integrating the poorest into the world economy can we put an end to the poverty that still blights much of world today. Globalisation has enabled China to lift 160m people out of poverty, and millions have been lifted out of poverty in India, too.
Yet in many poor countries, there are important problems that need to be addressed. Civil wars, poor governance, economic exclusion through informal property rights, and too little investment all hinder prosperity. These problems need constructive solutions, and ones that progress beyond simple slogans and gesturing.
Globalisation is also a major contributor to economic growth in rich countries. Removing barriers to trade enable businesses and consumers to take advantage of lower costs. Tariffs and quotas do not just hinder developing country exporters, but also the economies of rich countries.
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