Globalization, Growth and Marginalization

Booknews

Examines the effects of globalization and information technology in terms of growth and productivity, poverty and income distribution, and employment, both globally and in Africa, East and Southeast Asia, and Latin America. Argues that the benefits of freer trade and capital flows need to be weighed against the social costs involved. Discusses why globalization has not led to faster growth in industrial and most developing countries, and looks at the relationship between globalization and the nature and location of innovations. Annotation c. by Book News, Inc., Portland, Or.