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The Wind of the Hundred Days How Washington Mismanaged Globalization

by Jagdish N. Bhagwati

  • ISBN: 9780262024952
  • ISBN10: 0262024950

The Wind of the Hundred Days How Washington Mismanaged Globalization

by Jagdish N. Bhagwati

  • List Price: $62.50
  • Binding: Hardcover
  • Publisher: Mit Pr
  • Publish date: 02/01/2001
  • ISBN: 9780262024952
  • ISBN10: 0262024950
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Description: In these public policy essays, Jagdish Bhagwati applies his characteristic wit and accessible style to the subject of globalization. Notably, he argues that the true Clinton scandal lay in the administration's mismanagement of globalization -- resulting in the paradox of immense domestic economic policy success coupled with dramatic failure on the external front. Bhagwati assigns the bulk of the blame for the East Asian financial and economic crisis -- a disaster that prompts him to use as his title the poet Octavio Paz's image of devastation "I met the wind of the hundred days" -- to the Clinton administration's hasty push for financial liberalization in the region.

The administration, Bhagwati claims, also mishandled the freeing of trade. In several essays, he shows how free trade and social agendas both could have been pursued successfully if the concerns of human-rights, environmental, cultural, and labor activists had been met through creative programs at appropriate international agencies such as the International Labour Organization instead of the World Trade Organization and via trade treaties. Bhagwati also criticizes the claim that "globalization needs a human face, " arguing that it already has one.

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Hbk 383pp remainder mark on lower edge otherwise excellent in sleeve protected dj sleeve as new this is an original printing and is in stock for immediate dispatch.
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