Globalization and International Development

Critical Issues of the 21st Century

Introductory chapter | Table of Contents

Globalization impacts the world’s nations in a variety of ways. Among the most important of these impacts is the effect it has on poverty. Despite great advances allowing nearly instantaneous flows of data and telecommunications, and the fact that, for some, globalization serves as a means for obtaining freedom, wealth, and prosperity, disproportionate international distributions of wealth and income remains a serious and potentially unsettling social issue.

Sisay Asefa presents a group of notable scholars who examine the relationship between globalization and poverty from a number of diverse perspectives. Yet despite this variety of views, the authors find common ground in that each sees benefits (particularly, accelerating growth and reducing inequality) from facilitating and expanding flows of international trade and capital, migration, remittances, and foreign aid between nations.

This collection is based on papers presented at the 2007–2008 Werner Sichel Lecture–Seminar Series held at Western Michigan University.

Included are

• Introduction, Sisay Asefa
• Can Globalization Help? Ian Goldin and Kenneth A. Reinert
• International Migration, Remittances, and Economic Development, Susan Pozo
• Globalization and Inequality among Nations, Joseph P. Joyce
• The Composition and Allocation of Global Financial Flows: What Are Markets Doing? Linda Tesar
• Are Developing Countries Converging on Intellectual Property Rights? Evidence from Plant Patents, 1977–2007, Lisa D. Cook
• The Challenges and Opportunities of Twenty-First-Century Global Markets, Hadi Salehi Esfahani

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