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In Defense of Globalization

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  • Jagdish Bhagwati

Abstract

Today, the principal focus of anti-globalizers is not the effect of globalization on economic prosperity but its harm to social agendas such as the reduction of child labour and poverty, the maintenance of rich-country labour and environmental standards, the exercise of national sovereignty, the maintenance of local culture, and women’s rights and welfare. The contrary view, which I defend in this essay, is that economic globalization advances the achievement of that social agenda. But we must ask: what institutional and policy framework is necessary to improve on the benign outcomes that globalization fetches?

Suggested Citation

  • Jagdish Bhagwati, 2004. "In Defense of Globalization," Rivista di Politica Economica, SIPI Spa, vol. 94(6), November-.
    • Handle: RePEc:rpo:ripoec:v:94:y:2004:i:6:p:
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