Globalization and the Poor

This book presents a new viewpoint on economic globalization. The author argues that opponents fail to see that broadly-based benefits for the poor are latent in the process. Defenders have insufficiently acknowledged that globalization creates innocent victims who should be the object of ameliorative policies. The argument the author presents is that globalization is associated with the economic growth necessary to alleviate poverty. Globalization therefore should be encouraged. At the same time, governments must adopt policies that address the needs of those who are victimized by the dislocations caused by the process. The book responds to the opponents by emphasizing globalization's potential to alleviate poverty, but at the same time is critical of those who defend globalization without acknowledging the costs it imposes on innocent victims. In addressing the activist opponents of the process, the author maintains that they should not reject the global integration of world markets because of a concern for justice. Instead activists can advance the interests of the world's poor by mounting political movements to advance international agreements to stabilize the world economy and ensure labor rights.