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Development and the Challenge of Globalization

Peter Newell Shirin M. Rai Andrew Scott
Price: $ 27.5

Understanding globalization is key for the future of development. Increasingly globalized patterns of economic exchange and political interaction shape the possibility of reforms to benefit the poor. There is an urgent need to assess what challenges this new context poses for development. In particular, what are the challenges to the objective of poverty reduction implied by globalization?

The aim of this book is to take a critical look at the trends associated with globalization and assess what they mean for traditional practices of development. Going beyond attempts to quantify the pros and cons of globalization and the ideological tenor of much of the polemical debate, the approach is to focus on the actors, institutions and processes by which the relationship between globalization and poverty is mediated. This is important for understanding who the winners and losers from globalization are likely to be, given the current political and economic constraints under which practitioners operate. Such an approach helps to clarify the sense of the obstacles and opportunities that will shape any attempt to promote poverty elimination in a context of globalization.

The book explores how the relationship between globalization and poverty is handled by institutions and actors that govern social and economic interactions at every level of society. The focus is on the consequences of globalization, the actors, institutions and movements that are operating in the new global political space, and on the strategies that are being developed to contest the impact of globalization on people's lives.

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