Overview

The Economics of Globalisation is a compact, concise and non-technical undergraduate textbook that treats the Economics of Globalisation in an open - i.e. absolutely non-dogmatic and non-aprioristic - way, by verifying whether the many objections raised against globalisation by the 'civil society' have an economic content and foundation. By assigning an appropriate space to the commercial and financial policies and to real life case studies and experiences, other than theories, the book enable the student to understand the main aspects of the contemporary 'Economics of Globalisation', while making clear that on some critical issues economic theory may provide several distinct and equally plausible views, as it is explicitly recognised also by orthodox authors. Although non-technical, the method followed in the text is well grounded on economic theories - including those recognising the crucial role of market imperfections, rigidities and inefficiencies that have been developed, among others, by economists like Joseph Stiglitz, Amartya Sen, and, Daniel Kahnemann, all of them winners of the Nobel prize in Economics for their path-breaking contributions. The textbook surveys in a balanced way the different approaches towards globalization by making clear, for example, the main differences between Bhagwati's and Stiglitz's views. Once the different approaches are made explicit, the student will be able to take her/his own individual position by weighing the pros and cons of globalization according to her/his own perceptions and sensibility.

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9781405183574

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Pompeo Della Posta is an Associate Prof, Dept of Economics, Univ. of Pisa, Italy. He has a PhD from the European Univ Institute in Florence, 1997 (and where all instruction is in English); he has a MA from the U of Warwick, 1988. He is a citizen of Italy. He has been a visiting student at Princeton and Stanford (a year at each).

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