Our world is changing. Globalisation is not working. It is hurting those it was meant to help. And now, the tide is turning . . .Explosive and shocking, Globalization and Its Discontents is the bestselling expose of the all-powerful organisations that control our lives - from the man who has seen them at work first hand. As chief economist at the World Bank, Nobel Prize-winner Joseph Stiglitz had a unique insider's view into the management of globalisation. Now he speaks out against it- how the IMF and WTO preach fair trade yet impose crippling economic policies on developing nations; how free market 'shock therapy' made millions in East Asia and Russia worse off than they were before; and how the West has driven the global agenda to further its own financial interests. Globalisation can still be a force for good, Stiglitz argues. But the balance of power has to change. Here he offers real, tough solutions for the future.

The authors address one of the key issues facing world leaders today, putting forward a radical and realistic new model for managing trading relationships between the richest and the pooorest countries.

This book examines how trade policy is determined in democratic countries, and illustrates how protectionist policies are engendered by political processes that allow groups to pursue their own interests.

U.S. trade expansion has contributed to dramatic economic growth, but it has also led to new policy challenges: a ballooning trade deficit, anxiety about foreign competition, and a potential "race to the bottom" for labor and environmental regulation. This incisive new book examines these and other challenges facing U.S. trade policy. An introduction, presented in the form of an options memorandum to the U.S. president, provides context and critical assessment of various policy options. Four white papers look in greater detail at the specific challenges facing U.S. trade negotiators. They provide a framework for exploring the menu of policy options for the Bush administration.By making the sometimes arcane issues of trade accessible without sacrificing sophistication or detail, this volume is an invaluable teaching aid, guiding students and readers through the murky waters of American foreign economic policy. The U.S. trade agenda today faces formidable challenges as well as substantial opportunities. This book offers insight into both. "Without taking sides, Drezner masterfully lays out the big trade policy choices facing a president." —Gary Clyde Hufbauer, Reginald Jones Senior Fellow, Institute for International Economics "With considerable expertise and insight, Drezner offers an enlightening overview of the decisions awaiting the United States in the making of trade policy. Above all, he explains why the United States cannot afford to turn away from trade if Americans hope to achieve a growing and lasting prosperity for all." —James Bacchus, Chairman, Global Trade Practice Group, Greenberg Traurig LLP

The realities of Japanese-U.S. trade and investment relations are clouded by mistrust, misinformation, and myth. In what way is the Japanese economic system different, and is it to be emulated or challenged? The contributors, from both the United States and Japan, explore Japanese trade patterns, market structure and trade, financial markets, and industrial and trade policy. Offering analysis of the issues, Trade with Japan is a valuable resource for economists, policymakers, and the business community.

"Spanish colonialism, the authors suggest, was the cutting edge of the early global economy. America's silver permitted Spain to graft early capitalistic elements onto its late medieval structures, reinforcing its patromonialism and dynasticism. However, the authors argue, silver gave Spain an illusion of wealth, security, and hegemony, while its system of "managed" transatlantic trade failed to monitor silver flows that were beyond the control of government officials." "Silver, Trade, and War is about men and markets, national rivalries, diplomacy and conflict, and the advancement or stagnation of states."--Jacket

"Spanish colonialism, the authors suggest, was the cutting edge of the early global economy. America's silver permitted Spain to graft early capitalistic elements onto its late medieval structures, reinforcing its patromonialism and dynasticism. However, the authors argue, silver gave Spain an illusion of wealth, security, and hegemony, while its system of "managed" transatlantic trade failed to monitor silver flows that were beyond the control of government officials." "Silver, Trade, and War is about men and markets, national rivalries, diplomacy and conflict, and the advancement or stagnation of states."--Jacket

The European Union, by virtue of its size alone, is called upon to play a central role in establishing a prosperous and liberal world economy. But, says Martin Wolf, its historic approach--an uncomfortable compromise between liberalism and protectionism--raises serious doubts about whether it is capable of rising to the challenge. The Maastricht treaty has reinforced Europe's protectionist and centralizing tendencies, while the impact of new competitors upon the European economy may have also served to foster a "fortress" mentality. Such trends are very likely to encourgage similar developments elsewhere. Indeed, there is a very great danger that the "naive mercantilists" on both sides of the Atlantic will join hands to dance to the same protectionist tune, thereby putting at risk all that has been achieved by way of trade liberalization over half a century.

"In Apogee of Empire, the authors argue that the inability to renovate the Hapsburg legacies reflected reluctance to undertake radical changes first at home, then in Spain's relationship with its colonies." "The Steins trace in detail efforts to reform the Spanish establishment in the early 1760s, initially under the leadership of the marques de Esquilache, who accompanied Charles from Naples. Reformers had to determine which adjustments could be made without risking radical innovation. The ensuring seven-year conflict between reformers and traditionalists ended in a coup that outsted Esquilache. The authors then analyze the shift in focus to the colonies and the emphasis on incrementally modifying a key element of Spanish colonialism, transatlantic trade, via so-called free trade within the imperial system. Comercio libre, like most Bourbon reformism in general, neither realized a colonial pact nor improved Spain's competitive position in the Atlantic trading system. At the time of Charles III's death, the authors conclude, Spain had only made superficial changes, rather than the profound transformation the situation demanded, and by 1789 Spain and its wealthiest colony, New Spain, would be ill-prepared for the coming decades of upheaval in Europe and America."--Jacket