Assessing Globalization: Benefits and Drawbacks of Trade and Integration (Pew PRESENTS ...) by Harvard International Review

Assessing Globalization: Benefits and Drawbacks of Trade and Integration (Pew PRESENTS ...)

By Harvard International Review

  • Publication Date: 2008-03-22
  • Genre: Business & Personal Finance

Book Synopsis

Globalization continues to be a divisive subject among political activists, academics, business leaders, and policymakers. Some look at the rapid economic and political changes taking place around the world and see injustice. Others observe these same changes and see progress. On both sides of the debate, however, much of the discussion takes place among elites. What do average citizens around the world think about the powerful global forces transforming their societies? Survey research suggests that most people embrace the idea of a globalized world, albeit cautiously. The main economic premises of globalization are generally accepted in regions throughout the world. People tend to believe their countries will benefit from trade, free enterprise, and investment by foreign companies. These views are especially common in many of the world's poorest countries, including nations in sub-Saharan Africa. However, enthusiasm for economic globalization has waned considerably over the last few years in many wealthy nations, especially in Western Europe and the United States.

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