GLOBALIZATION FOR DEVELOPMENT: Trade, Finance, Aid, Migration, and Policy

Globalization and its relation to poverty reduction and development is not well understood. The book identifies the ways in which globalization can overcome poverty or make it worse. The book defines the big historical trends, identifies main global flows ‘trade, finance, aid, migration, and ideas’ and examines how each can contribute to undermine economic development.

By considering what helps and what does not, the book presents policy recommendations to make globalization more effective as a vehicle for shared growth and prosperity. It will be of interest to students, researchers and anyone interested in the effects of globalization in today’s economy and in international development issues.

Ian Goldin, Ph.D. (Oxford University), became a Vice President at the World Bank in May 2003. Previously, he was the Director of Development Policy at the World Bank. Prior to rejoining the Bank in February 2001, Dr. Goldin spent five years as the Chief Executive and Managing Director of the Development Bank of Southern Africa (DBSA) where he led the Bank to become a principal financier of infrastructure and small business development. Dr. Goldin has published 11 books and numerous articles. His research and publications have focused on economic policy, development, natural resources and the environment, and trade.

Kenneth A. Reinert, Ph.D. (University of Maryland), is Associate Professor of Public Policy at George Mason University, where he received a Distinguished Teaching Award in 2003. He has held the positions of Senior International Economist at the U.S. International Trade Commission and Associate Professor of Economics at Kalamazoo College. Professor Reinert has published widely in the areas of international trade, economic development, and environmental policy.