Economics of Globalisation

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Globalisation has evolved to become the dominant economic, cultural, environmental and political phenomenon of our time. In economic terms, debates now extend beyond concepts of 'winners and losers', to key questions of how to deal with the problems unleashed by globalisation while preserving its benefits. However, if the benefits of globalisation are fairly shared and the costs properly dealt with, a deeper economic understanding of how globalisation is impacting our economic world is needed. This important book addresses this task, featuring contributions from many of the world's leading economists. Seven key aspects of globalisation are considered: trans-border trade, trans-border movement of people and capital, the emergence of a new international order, the homogenization of economic cultures, technology and institutions, labour market consequences, corporate governance issues, and prospects for a global society. These carefully chosen themes illuminate the complex path that globalisation is following by showing it to be a process consisting of various transitions and subplots, the totality of which is closely examined in this comprehensive and authoritative work. Economics of Globalisation is essential reading for academics, researchers, policy-makers and business professionals.

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Partha Gangopadhyay is a Senior Lecturer at the School of Economics and Finance, University of Western Sydney, Australia. Manas Chatterji is Professor of Management at The State University of New York at Binghamton, USA. He is also Guest Professor at Peking University, China, Honorary Distinguished Professor at Poznan University of Economics, Poland and Honorary Distinguished Professor & Senior Fellow in Public Policy at George Mason University, USA.

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