International Political Economy: Interests and Institutions in the Global Economy (2nd Edition)

Book Description

This exciting text provides students with a superior grounding in contemporary international political economy. It emphasizes current scholarship and provides the background in politics, economics, and history that students need to understand the contemporary global economy.

Customer Reviews:

readable textbook.......2007-02-14

This textbook was easy to read (not overly technical and used a lot of real-world analogies). An instuctor or professor who requires this text is probably taking a practical approach to the course, which typically means it will be more interesting to learn about the subject matter. The text is only in paperback and not particularly durable for backpack toting- buy used if possible.

Just great.......2007-01-10

First the book appears to be full of ideas without a touch of reality or just theoretical, but after reading the first and second chapter and after understanding the principles of econ 101/102, everything will make sense. There is so much to learn in this book and, the good thing, it is not boring.
I have to say that it was the best political econ book I've ever read, and I do recommend it for beginners.

gives an understanding of the many forms of globalisation.......2006-09-28

Oatley provides a readable, non-mathematical description of international economics since World War 2. The book will give the reader a good grounding in understanding globalisation. Not as something to be feared or tamed, but as arising from fundamental trends that are effectively impossible to reverse.

Oatley certainly talks about more than just globalisation. Like managing exchange rates. But even here, it is discussed in the context and reality of a world where immense pools of capital are often highly mobile. This is not typically thought of by the general public as globalisation. But the text shows that capital flow across national boundaries is indeed another aspect of globalisation, that has become common in the last 20 years.

coherent and concise.......2006-05-05

Oatley has a way of boiling down complex concepts into short, pithy chapters. The writing is clear and concise and the examples used in the text provide interesting perspectives on current political issues such as the US budget deficit or the power dynamics in debt negotiations between powerful international creditors (IMF, World Bank) and debtor countries. The chapters are well structured--with introductions and conclusions that really help draw out the key points of the chapter. I found that this book provided coherent theories with which I could better understand material from other political science and economics classes. Overall, I highly recommend it.

Well researched and excellently written.......2006-04-14

Thomas Oatley has written a brilliant historic piece of literature. He uses great examples to explain difficult concepts and leaves you with a comprehensive understanding of the topic. I found this book to be paramount in my undestanding of today's current debates on the US Trade Policy, our deficit, etc.

I highly recommend this book to anyone who is interested in Political Economics, Economics, or just wants to learn about our economic and trade policy

5 Stars: Great Job!

History: Fiction or Science? (Chronology, No. 1)

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Calculations are only as good as your numbers
Pants on fire?
Accepted History & Chronology Must Be Changed.
Very Interesting
History as Science Fiction

History: Fiction or Science? (Chronology, No. 1)
Anatoly Fomenko
Manufacturer: Mithec
ProductGroup: Book
Binding: Paperback

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Similar Items:

History: Fiction or Science? Chronology 2 (Chronology)
History: Fiction or Science? Astronomical methods as applied to chronology. Ptolemy's Almagest. Chronology III
Discovering the Mysteries of Ancient America: Lost History And Legends, Unearthed And Explored
Before the Pharaohs: Egypt's Mysterious Prehistory
They Cast No Shadows: A Collection of Essays on the Illuminati, Revisionist History, and Suppressed Technologies

ASIN: 2913621058

Book Description

Recorded history is a finely-woven magic fabric of intricate lies about events predating the sixteenth century. There is not a single piece of evidence that can be reliably and independently traced back earlier than the eleventh century. This book details events that are substantiated by hard facts and logic, and validated by new astronomical research and statistical analysis of ancient sources.

Customer Reviews:

Calculations are only as good as your numbers.......2007-08-03

Yes, we can all agree that mainstream history is nearly 100% BS due to politics, economics, ego, problems with dating techniques, and various conspiracies. Agreed. But, I've been researching the distinct possibility that human history (in terms of civilizations) are much more ancient than we've been told, so coming across this book was very interesting to me. I wondered how Fomenko could be wrong (if at all) because he is very persuasive in his presentations. Then it dawned on me. If at previous times in prehistory, due to the various catastrophies that are well documented (comets, asteroids, planetary disruptions, plasma discharge, pole reversals, etc) the Earth was in a different position in relation to the sun, different tilt on its axis, different orbit, different rotation (in terms of velocity and DIRECTION), and the continents were in different positions, then would this not cause the ancients to see the sky (constellations) differently? In other words, is Fomenko making erronious assumptions about the physics of the Earth in pre-history, which then corrupt his data with regards to dating the relevant astrology? The last event to seriously disrupt our planet occured roughly 3500 years ago, according to other good researchers, so is it possible Fomenko has been confused by this? The vastly different physics of our planet in the not so distant past may explain this confusion, which is not to say the "mainstream" version of history is correct; on the contrary. I am not an expert in these fields, but wanted to see if this idea could spark discussion.

Pants on fire?.......2007-07-19

Will people ever read before spamming? Yes, Jesuits could not rewrite world history alone, they had help. Anyway, Dr Prof Acad A.Fomenko does not point to jesuits as the driving force of world wide history manipulation in published volumes 1,2,3;, actually he barely mentions the poor devils. Check it with 'Search inside' feature, please. China is rarely mentioned either, in fact, Dr Fomenko is completely eurocentric. Right, his theory contradicts all mainstream schools of history, because in their actual state they are all built on blatantly erroneus chronology. You don't need a mysterious cabal (conspiracy) to falsify history, the falsification is its modus operandi. It is inherent to history(ians) to falsify (distort) events, as it is inherent to humans to boast as it is inherent to power (authority) to legimize itself by referrring to glorious past made to its own order. Dr Prof Fomenko and team have identified scores of instances of such manipulation in Russian, European, etc.. history, and delivered valid statistical proof thereof. His own 'reconstruction' is completely another story. Forget c14 as a valid method of dating. W.Libby has initially discovered a brilliant method of INDEPENDENT dating. Too bad, c14 method has become a joke after a forced marrige with dendrochronology with consensual chronological scale inbuilt. Radiocarbon method can't stand blind tests, but is so very productive as a rubberstamp.

Accepted History & Chronology Must Be Changed. .......2007-04-09

There is no doubt that history as most know it is a sham, & institution's version of History both University & Church is fradulent & inaccurate. Everything was established with an agenda, The real "Dark Ages" are now when we have access to incredible amounts of information past authorities & more important 'common folk' didn't have but our institutions & educators are slow to evolve because of what has ignorantly & arrogantly been taught for too long. This is on many subjects not just Chronology.

For anyone to question "Why would a Mathematician have anything credible to say of History?" The answer is from Dr. Fomenko's preface in the book: "It would be worthwhile to remind the reader that in the XVI-XVII century Chronology was considered to be a subdivision of Mathematics." These volumes could possibly be some of the most important works to date & should be read by everyone with an interest in History, especially professors & educators who have a duty to the public. I have read both books & must say that 'Chronology 1' has some very eye opening & revolutionary information. Even if these volumes are part true the implications are profound & opens the doors to further investigations & questions which must be done. I speak several different lanquages & must say the logic Dr. Fomenko uses with "inflection" of words & words being read from left to right in one region & right to left in another then written backwards, the removal of vowels & get down to basics of words, or different cities & locations having the same name etc. is correct. Vowel usage has always been optional & varied, actually complicating linquistics & study. The first thing one has to understand is that words never had a fixed spelling in history like we do now, the spelling of words was mutable & regional, as well as names & titles of people were vast, varied & changed, NOTHING WAS FIXED or understood linear. Matters of Life & Death as well as financial profiteering yesterday & today were & are made with ignorant, illogical & conspiratorial views of history & reality, it's time people get closer to the Truth & society collectively grow up.

Very Interesting.......2007-03-07

It is a good proposal and I believe it will mature into something even better in the future. I think it deserves to be read.

History as Science Fiction.......2007-01-10

Anatoly Fomenko has written a very intriguing book, full of pictures, charts, and computer 'proof' of his thesis: backwards of AD900 we don't really know what happened or when. Between AD900 and AD1600 there is more certainty, but there is still a lot of fuzzy ground, and things don't get reliable until we get past the 1600's where the printing press made it very difficult for the perpetrators of this timeline manipulation to change anything that had been committed to print. The Dark Ages did not happen. Books were burned for a reason. One organization has doubled the actual length of its existence by expanding the real chronology. Read why.

I had always wondered why Christ died about AD33 and yet men waited until the 11th century to form the Knights Templar, the Cathars, etc and go after the Holy Land by force. Why the 1000 year gap? Turns out there wasn't more than a 10-12 year gap and he proves it using astronomy. This also implies that the planet is not as old as we have been told, and current Christian and other creationist scientists are already championing that idea without being aware of Fomenko's book. The two groups, creationist scientists and the Russian mathematical analysts corroborate each other. Fascinating.

Of course, all this flies in the face of what we have been told traditionally is the 'proper' chronology of western civilization, and most readers will experience 'cognitive dissonance' in reading this book. It means that our history going backwards from AD1600 becomes progressively more incorrect and unreliable until it cannot be trusted at all... in the space of 700-800 years.

Naturally, the curious, open-minded reader will want to know WHO did this, WHY, and did any of the events we think of as really ancient ever happen?
Dr. Fomenko is a respected scientist/mathematician at Moscow State University who has already answered these questions to the satisfaction of his initially skeptical colleagues. Most of them are now believers, a few still refuse to believe (the usual diehards), and of course the western press has ignored Fomenko's work -- for obvious reasons when you read the book. The ones who perpetrated this chronology ruse have a lot to answer for. They are still with us. That's why this book is a well-kept secret.

I gave the book a 4-star rating because I was unable to check out some of his claims; those I checked were as he said. But if even 1/3 of his claims are true, this punches a big hole in what we think is our history, the meaning of western civilization, our educational process (for repeating the ruse as gospel), and the trustworthiness of the organization that perpetrated this ruse, well-intentioned or not.

This book relates to current research into a Young Earth paradigm, to John Keel's discoveries about our planet, and Fr Malachi Martin's insights (in his now out-of-print books). We are indeed sheep who are manipulated and kept ignorant -- for a reason. While knowing what these men have to say may be the "booby prize" (as in: 'what can you do with this knowledge?'), it will provide interesting reading. Didn't someone say: "...and the Truth will set you free."?? For you to judge if this book contains the truth.

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Bjorn Lomborg: GlobalCrises, Glbal Solutions
if you care about the world
Raising the Level of Debate About Global Problems
Global Crises, Global Solutions
Highly Recommended!

Global Crises, Global Solutions

Manufacturer: Cambridge University Press
ProductGroup: Book
Binding: Paperback

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The Skeptical Environmentalist: Measuring the Real State of the World
Cool It: The Skeptical Environmentalist's Guide to Global Warming
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Unstoppable Global Warming: Every 1,500 Years
Meltdown: The Predictable Distortion of Global Warming by Scientists, Politicians, and the Media

ASIN: 0521606144

Book Description

This volume provides a uniquely rich set of arguments and data for prioritizing our responses to some of the most serious problems facing the world today, such as climate change, communicable diseases, conflicts, education, financial instability, corruption, migration, malnutrition and hunger, trade barriers, and water access. Leading economists evaluate the evidence for costs and benefits of various programs to help gauge how we can achieve the most good with our money. Each problem is introduced by a world-renowned expert analyzing the scale of the problem and describing the costs and benefits of a range of policy options to improve the situation. Shorter pieces from experts offering alternative positions are also included; all ten challenges are evaluated by a panel of economists from North America, Europe, and China who rank the most promising policy options. Global Crises, Global Solutions provides a serious, yet accessible, springboard for debate and discussion and will be required reading for government employees, NGOs, scholars and students of public policy and applied economics, and anyone with a serious professional or personal interest in global development issues. Bjørn Lomborg is Associate Professor of Statistics at the University of Aarhus and the director of the Danish Environmental Assessment Institute. He is also the author of the controversial bestseller, The Skeptical Environmentalist (Cambridge, 2001).

Customer Reviews:

Bjorn Lomborg: GlobalCrises, Glbal Solutions.......2007-05-07

This book appears at the first look about economy. It is not. Its starting premise is the question: if you have limited resources and have to prioritize, what would you do in our global warming situation. It is a hard
headed treatment of the subject matter by a multitude of subject experts. Their complete set of policy proposals then evaluated by eight of the world top economists.
It is interesting, how fast the discussion veers off after discussing the economics into the very conditions enabling or blocking the desirable economic developments, such as conflicts, communicable diseases, sanitation and trade barriers just to mention a few.
The book can be read on two different level.For casual reader and policy maker most the numbers are avoidable and still be a very readable and very thoughtful and interesting material. For those, who want hard numbers and hard details, that is provided too, but not necessary for understanding.
This is the multicolored, multifaceted work of many dedicated individuals who - by the work they are dedicated to perform - are forced to set priorities in expending limited resources. I was surprised by their reasoning, and I trust, so will you be.

if you care about the world.......2007-03-08

why arn't global politics based on these arguments? it's a pleasure to read the scientific arguments that lomborg uses to validate his claims. it's a shame that we cannot organise the solutions to make this world a better place for a lot of people at no expense to our own prosperity. all the hard (econometrical) stuff is almost easy to read.
next year i'll read it again and see how far we are...

Raising the Level of Debate About Global Problems.......2006-08-09

Most people never think about the unavoidable tradeoffs involved in ameliorating social problems. With opportunity costs in mind, may we must dedicate ourselves to a better world.

I have two respectful criticisms:

1. If people focused only on the problems that we could do most to solve then that would reduce the pressure to solve problems. However rational it might seem to shift all foreign aid from funding education to funding AIDS prevention, the result would probably be less total aid. The way politics works, one big problem is sometimes treated less seriously than two problems that are half as big.

2. It is difficult to quantify any of these problems, but some of them, like global warming, are much harder to quantify. The "worst case scenario," unlikely as it may be, has the potential to do such incredible damage, that we need to act on it. Reducing global warming might be conceived of as an insurance policy, whereas preventing AIDS is more likely an investment in mutual funds.

Global Crises, Global Solutions.......2006-07-20

I enjoyed Bjorn Lomborg's latest work as a thought provoking alternative to conventional wisdom on different aspects of globalisation. Unfortunately, much of the scientific and political community have become prisoners to theories which have dubious merit. They are followed more out of political correctness and the prevailing winds of public opinion, than research and testing.

By including other experts who provide alternative opinions and challenge each other, Lomborg has followed the true spirit of scientific method - development of a theory and testing it through falsification. It is a shame that some purported scientists have tried to silence him in a similar way to Galileo. Poor science leads to inadequate policy.

The book is a worthy successor to the Environmental Sceptic and reflects a growing concern in the scientific community about the need for more rigorous research and debate on key issues. It's content is well laid out.

Clearly, the amount of material is not designed for reading in one session. However, it is a valuable resource book suited to those interested in entering into the debate on key global issues. You can pick an individual topic and obtain a good grounding in it.

I look forward to Bjorn Lomborg's next offering.

Highly Recommended!.......2005-07-27

This report is an excellent, controversial and refreshing approach to global problems. Daily, the news media and politicians declare that another crisis is urgent. Often, loud, public resolutions accompany these pronouncements. Political blocs form to push through agendas based on those resolutions. The only thing missing from the process is a dispassionate analysis of whether the solutions make economic sense and, if so, which ones make the most economic sense. This book of compiled essays from the Copenhagen Consensus - as documented in The Economist - provides that missing element. The conference drew from United Nations documents to assemble a list of the most urgent problems facing the world and identified those that presented opportunities for solutions. Then it set the task of identifying solutions that would provide the biggest benefit for the cost, examining 38 proposals for spending $50 billion over four years. Surprisingly, some of the most economically rational projects never make headlines and never turn up in public exhortations. When was the last time you saw someone climbing onto a platform to demand mosquito nets to prevent malaria in Africa? That may not come up nearly as often as adherence to the Kyoto Protocol, which provides a far weaker cost vs. benefit scenario. According to the analysts from Copenhagen, the former seems to be a very sound use of the world's problem-solving resources, but the latter costs a lot and seems to deliver relatively few benefits. We highly recommend this intriguing, sweeping conversation.

The Global Economy: Contemporary Debates

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The Global Economy: Contemporary Debates
Thomas Oatley
Manufacturer: Longman
ProductGroup: Book
Binding: Paperback

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Similar Items:

International Political Economy: Interests and Institutions in the Global Economy (3rd Edition)
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ASIN: 0321243773

The Promise of the Third Way: Globalization and Social Justice

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The Promise of the Third Way: Globalization and Social Justice
Otto Newman , and Richard de Zoysa
Manufacturer: Palgrave Macmillan
ProductGroup: Book
Binding: Hardcover

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ASIN: 0333792858

Book Description

Aiming to transcend the conflict between Left and Right, the Third Way was welcomed by leading figures on the world stage. Its program of modernization, flexibility, and community regeneration indicated a way forward for many societies. Within a firm market emphasis, equality of opportunity and social inclusion were given a prominent place. However, its leaders' lack of direction and disinclination to face hard decisions have left its promise unfulfilled. This book puts forward a rigorous rethinking towards making the Third Way an effective instrument of progress for Britain as well as abroad.

The Bush Agenda: Invading the World, One Economy at a Time

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Meticulous documentation of the progress of Cartel economics and empire
Essential Reading
Here's Why the US is in an Endless War!
The World Should Wake Up
The Juhasz Agenda: Depriving The World Of Oil, One Combustion Engine at a Time

The Bush Agenda: Invading the World, One Economy at a Time
Antonia Juhasz
Manufacturer: William Morrow
ProductGroup: Book
Binding: Hardcover

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Overthrow: America's Century of Regime Change from Hawaii to Iraq
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The Great War for Civilisation: The Conquest of the Middle East

ASIN: 0060846879
Release Date: 2006-04-25

Book Description

The Bush Agenda is the first book to expose the Bush Administration's radical economic agenda for global domination, a plan more extreme, unilateral and audacious than any of his predecessors, a plan that has created the greatest level of violent opposition to America and Americans in recent history.

The Bush Agenda: Invading the World, One Economy at a Time explores the Bush Administration's plan to invade the world through a corporate globalization agenda, first in Iraq, then the Middle East with the proposed U.S.-Middle East Free Trade Area, and ultimately as a cornerstone to the global Bush Doctrine of Pax Americana. What is Bush's "free trade?" It's an economic model that argues that by removing restrictions on multinational corporations, these companies will be freed to become engines of economic growth in countries around the world, but in fact bring vast wealth of a small number of global elites while entire populations suffer dislocation, poverty and violence, creating a perfect Petri dish for breeding terrorists. The instruments for this takeover include such corporations as Bechtel, Lockheed Martin, ChevronTexaco, Halliburton, and many others.

This book addresses the history of U.S. economic relations throughout the world over the past 25 years, the key role of U.S. corporations, and the larger Bush economic agenda and what the potential impact of this agenda will be on the United States and the world. It concludes with specific alternatives to guide the U.S. on a more peaceful and sustainable course in the future. Using Naomi Klein's No Logo and Eric Schlosser's Fast Food Nation as models, The Bush Agenda is based on hard analytic fact and presented so that it will not only be persuasive, but highly engaging and entertaining to a broad audience.

Customer Reviews:

Meticulous documentation of the progress of Cartel economics and empire.......2007-05-23

"Once you've got Baghdad it's not clear what you do with it. It's not clear what kind of government you would put in place of the one that's currently there. How much credibility is that government going to have if it's set up by the US military.... I think to have American military engaged in a civil war inside Iraq would fit the definition of a quagmire, and we have absolutely no desire to get bogged down in that fashion."--(page 174) Dick Cheney, April 1991, explaining why Bush the First did not take Baghdad after Gulf War I

Antonia Juhasz has performed a major public service in exposing the history, players, and motivations behind the second Iraqi war and occupation. "It's about the oil, silly."

Actually, not totally about the oil but for the material benefit of several industries to which access to petroleum-based energy is a key contributor. She does not mention the Carlyle Group[1], instead focusing on four top bananas: Bechtel, Chevron, Halliburton, and Lockheed Martin. The individual histories and blatant aggression of these companies, each largest in its field, are truly eye-opening.

Agenda is primarily documentation of the relationships between the war and energy corporations and the Bush dynasty...

For my complete review of this book and for other book and movie
reviews, please visit my site [...]

Brian Wright
Copyright 2007

Essential Reading.......2007-05-11

Bush agenda is absolutely essential to understanding the unfolding story in the Middle East. Turning each page was like opening a new door of insight.

Here's Why the US is in an Endless War!.......2007-05-07

Antonia Juhasz has assembled expertly the pieces of the puzzle. Readers of "The Bush Agenda: Invading the World One Economy at a Time" will have it all put together by the time they finish reading this well-documented expose. It is so important that I have given copies to three brothers and five children I love.

The World Should Wake Up.......2007-05-06

If you want to have an understanding of how the Bush Administration is pushing their ongoing agenda/policy for globalization and corporatization of our world (with the help of a handful of elitists) this is a must read. What frightens me about the future of our world is that this book illustrates that those in power have no interest in the protection of the average person or our planet, it's about controlling resources, i.e. oil, water and food, using any method necessary,including military to further their own agenda...greed and power.

The Juhasz Agenda: Depriving The World Of Oil, One Combustion Engine at a Time.......2007-04-28

Juhasz zeal and fanaticism against anyone or anything that engages in oil exploration or consumption makes Ed Begley Jr look like the equivalent of a one man Exxon Valdeze.

The author is of course not a journalist, or a reporter, or even a fair minded observer, but rather a far left activist with many axes to grind. Her total disdain for oil, whether refined or crude, extends to her personal ownership of any transportation that uses the pernicious benzene. What is Juhasz's stated reason for this life long eschewing of the automobile? "I refuse to give money to evil gas companies," says this holder of Public Policy degrees. One has to wonder if Juhasz was frightened by a car backfire in her cradle.

I guess Juhasz's abhorrence of lining the pockets of oil company ceo's only extends to paying at the pump as she isn't as persnickety when it comes to flying to all her public speaking engagements around the country.

Juhasz is a member of International Forum on Globalization and Oil Change International whose ideology and purpose is conveyed in this synopsis:

"We focus on the oil industry because we understand and view the oil industry as a source of global warming, human rights abuses, war, national security concerns, corporate globalization, poverty, and addiction. We also see their interests behind every major political barrier to a clean energy transition."

This intransigent position seems at odds with the purpose of a public policy masters degree that is supposed provide the candidate with analysis of the political, economic, quantitative, organizational, and normative aspects of complex problems. Juhasz has distilled all historical and current complex geopolitical issues and events down to three grimy letters: oil. She is the Freud of the anti-industrial revolution set. Even though both are not mutually exclusive, Juhasz substitutes oil for sex as the motivation for all human endeavor.

Let's examine Juhasz's rational for Bush's continued secret ulterior motives for remaining in Iraq.

"The process of securing this access involves three steps. The first, put into motion with the December 15, 2005, election, is the formation a legitimate Iraqi government with the authority to, among other things, sign contracts with foreign oil companies. The second step is the completion and passage of a new national oil law that is set to conclude at the start of 2006. The third, having enough security on the ground for U.S. oil companies to get to work, is uncertain, and therefore the time line for full U.S. troop withdrawal remains unknown."

Well, this "secret" Bush master plan must have been kept a secret from Rumsfeld since Bush approved the number of troops used in the initial Iraq invasion and subsequent mop up. If securing the all the oil producing fields, as well as Baghdad, was the intended goal after taking out Saddam, why didn't Bush accept Gen. Eric K. Shinseki's estimate that several hundred thousand troops would be needed in postwar Iraq?

Surely Juhasz isn't advocating Iraq oil only for Iraqis? It would seem antithetical to Juhasez's extremist views on petroleum; that any country's petroleum should be taken out of the ground, refined, and used to power evil machines belching toxic fumes.

What is Juhasz's position on nuclear energy? Never mind. I'm sure there are dastardly robber barons who also enjoy a monopoly over the power of the atom. But how would Antonia achieve martyr status if she merely eschewed atomic submarines and nuclear powered aircraft carriers as modes of transportation?

Illicit: How Smugglers, Traffickers, and Copycats are Hijacking the Global Economy

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TheDon
Any college-level holding strong in international studies, from business to social issues, must have this.
No Footnotes
A riposte to free market cheerleaders
Same Business Savy/Muscle As Wal-Mart

Illicit: How Smugglers, Traffickers, and Copycats are Hijacking the Global Economy
Moises Naim
Manufacturer: Anchor
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Binding: Paperback

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ASIN: 1400078849
Release Date: 2006-10-10

Amazon.com

Illicit activities are exploding worldwide. The onslaught of globalization has unleashed a tidal wave of bad stuff--everything from arms trafficking, human smuggling, and money laundering to music bootlegging. Here is the dark side of globalization: the mushrooming underground economy. Moisés Naím explores this murky world in his book Illicit. Naím is the editor of the relaunched magazine Foreign Policy and a former executive director of the World Bank and Minister of Trade and Industry of Venezuela. In Illicit, he unties the connections between the Colombian cocaine dealer, the New York banker steering money to offshore tax havens, the Albanian forcing women into prostitution, and the Chinese market stall-holder selling counterfeit DVDs.

Naím reports that legitimate global trade has doubled since 1990 from $5 to $10 trillion. Meanwhile, money laundering has gone up tenfold, exceeding $1 trillion a year. Smuggling and money laundering have always existed, but Naím shows how they have increased at a staggering pace in the wake of globalization, despite new government controls since 9/11. The main culprits are the collapse of the Iron Curtain and state deregulation. As the reach of organized crime has expanded, governments have failed to keep up. Naím illustrates the problems with stories about A.Q. Khan, the father of Pakistan's atomic bomb who sold nuclear technology to North Korea and Libya; Walter C. Anderson, an American who was accused of hiding $450 million in offshore accounts to evade taxes; and Vladimir Montesinos, the Peruvian intelligence czar who is on trial for trafficking drugs and arms. The book, while a little dry, will be interesting to policy buffs and aspiring crooks alike. --Alex Roslin

Book Description

A groundbreaking investigation of how illicit commerce is changing the world by transforming economies, reshaping politics, and capturing governments.

In this fascinating and comprehensive examination of the underside of globalization, Moises Naím illuminates the struggle between traffickers and the hamstrung bureaucracies trying to control them. From illegal migrants to drugs to weapons to laundered money to counterfeit goods, the black market produces enormous profits that are reinvested to create new businesses, enable terrorists, and even to take over governments. Naím reveals the inner workings of these amazingly efficient international organizations and shows why it is so hard — and so necessary to contain them. Riveting and deeply informed, Illicit will change how you see the world around you.

Customer Reviews:

TheDon.......2007-07-16

Interesting, but presents very little information that is not already widely known. The author's recurring "everybody-does-it" theme seems to reject the possibility that some cultures are much more prone than others to problematic levels of illicit activity.

Any college-level holding strong in international studies, from business to social issues, must have this........2007-02-09

Unlawful commerce is changing world economies, influencing international politics, and even undermining some of the foundations of society: this is the argument of ILLICIT: HOW SMUGGLERS, TRAFFICKERS, ARE HIJACKING THE GLOBAL ECONOMY. It's an essential discussion for modern times, surveying the links between seemingly-small illicit users around the world and how globalization is affected by their actions. Any college-level holding strong in international studies, from business to social issues, must have this.

Diane C. Donovan
California Bookwatch

No Footnotes.......2006-09-22

I'm about a third of the way through the book; very provocative so far. Unfortunately, my copy has no footnotes. The notes are at the end of the chapters as you'd expect, but the numbers they reference are not in the text. Tends to complicate a serious academic reading.

A riposte to free market cheerleaders.......2006-06-10

"Illicit" by Moises Naim is a good primer on the underground economy. Mr. Naim's experience as an Editor at Foreign Policy magazine appears to have helped the author hone his skills at synthesizing an impressive quantity of third-party research to support his thesis. It is also evident that Mr. Naim's discussions with numerous high-level personal and professional contacts around the world have helped him reflect on the topic at length, leading him to offer many pages of thoughtful critique and analysis. The end result is a balanced and nuanced book that makes a valuable contribution to our understanding about an increasingly urgent and worrisome problem.

Some might also read Mr. Naim's description of how globalization empowers illicit trade as a riposte to free market cheerleaders such as Thomas Friedman, who tend to equate entrepreneurship with utopianism. To the contrary, we find that many counterfeiters and traffickers are highly skilled and creative people who excel at exploiting decentralized and flexible underground marketing, sales and production networks for personal gain but at great expense to our collective peace and security. According to Mr. Naim, "profits...was the name of the game" for nuclear weapons traders such as A.Q. Khan, and it is on this basis that the struggle to curtail illict trade must be based.

Given that governments around the world are currently losing this struggle, Mr. Naim argues for a strategy of harm reduction including the removal of the artificial barriers that create myriad profit opportunities for criminals. For example, this might include the decriminalization of marijuana. The author reasons that law enforcement could better focus on much more dangerous activities and on enforcing the laws in more readily attainable ways, such as prosecuting major drug dealers and the employers of illegal aliens. I found Mr. Naim's recommendations to be refreshingly commonsensical when compared with the more politically expedient but ineffective supply-side fixes that are proposed by far too many policymakers today.

Regrettably, Mr. Naim fails to take the book to a deeper level of analysis by making a stronger connection between neoliberal ideology, democracy and illicit trade. To be sure, Mr. Naim highlights the fact that some places on our planet have become anarchic, controlled by criminal gangs of all sorts whose economic power has allowed them to buy off their local governments (if they exist at all). However, he does not acknowledge the fairly obvious fact that illicit trade might represent precisely what neoliberalism desires: pure capitalism without the restraining influence of government. Might his recommendations have been made stronger by insisting on ways to achieve meaningful social and environmental justice through radical democratic reforms, rather than plugging holes in an already far too leaky and decrepit system of global neoliberal governance?

Setting aside this reasonable difference in opinion, I found this book to be an engagingly interesting and informative read. I highly recommend it to all.

Same Business Savy/Muscle As Wal-Mart.......2006-05-20

"In todays labyrinthine routings of contraband across multiple contients, front companies are easy to set up, dozens in order to blur one's trace. As a result intermediaries in international commerce of illicit products, services , & humans have increased their profile and their profits. It is the brokers who control today's illicit markets, set the deals, & make the big money".This is a small snipet of the market place. The markets are just markets/ legal or illegal. Governments decide the righteousness of them. In other words: what is in a true market: cent$, can now be dollar$. It is the magic of a legalized highway robbery called the stroke a pen. Of course its a no brainer that governmemnts are getting greased to hell and back. Through corporate(legal/illegal) sugar daddys or just down and dity in your face corruption. It has penetrated deeply into the private sector, politics, and governments of today. It is penetrating markets deeper, plus horizontally and vertically, and in direct proportion to their profits that control crucial decisions within current national governments (U.S. included). In some cases the national interests are completely aligned with illegal profits. A must read for understanding the a whole picture the global economy. It is an entertaining and informative read. Welcome to globalization. And of course that is on either side of the border: because they own both sides!

Global Capital, Political Institutions, and Policy Change in Developed Welfare States (Cambridge Studies in Comparative Politics)

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Global Capital, Political Institutions, and Policy Change in Developed Welfare States (Cambridge Studies in Comparative Politics)
Duane Swank
Manufacturer: Cambridge University Press
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Binding: Hardcover

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ASIN: 0521806682

Book Description

This book argues that the dramatic post-1970 rise in international capital mobility has not systematically contributed to the retrenchment of developed welfare states as many claim. Nor has globalization directly reduced the revenue-raising capacities of governments and undercut the political institutions that support the welfare state. Rather, institutional features of the polity and the welfare state determine the extent to which the economic and political pressures associated with globalization produce Welfare state retrenchment.

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This book argues that the post-1970 rise in international capital mobility has not contributed to the retrenchment of developed welfare states. Nor has globalization reduced the revenue-raising capacities of governments and undercut the political institutions that support the welfare state. Rather, institutional features of the polity and the welfare state determine the extent to which the economic and political pressures associated with globalization produce welfare state retrenchment. In systems characterized by electoral institutions, social corporatist interest representation and policy-making, centralized political authority, and social insurance-based program structures, pro-welfare state interests are favored. In nations characterized by majoritarian electoral institutions, pluralist interest representation and policy-making, decentralization of policy-making authority, and liberal program structure, the economic and political pressures attendant on globalization are translated into rollbacks of social protection. Globalization has had least impact on large welfare states of Northern Europe and most effect on small welfare states of Anglo nations.

"China and the New World Order: How Entrepreneurship,Globalization, and Borderless Business Are Reshaping China and the World"

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Cooking With the Iron Rice Bowl
The most important book I read in the last 5 years
Is a new world order in the making?...It might just happen.
Insightful and Intelligent
Prepare for the Dragon Market - Winston Ma, Author of "Investing in China: New Opportunities in a Transforming Stock Market

"China and the New World Order: How Entrepreneurship,Globalization, and Borderless Business Are Reshaping China and the World"
George, Zhibin Gu
Manufacturer: Fultus Corporation
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China's Global Reach: Markets, Multinationals, and Globalization (Revised and Updated Edition)
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ASIN: 1596821078

Book Description

China is the world's number-one growth story now. But how is it that China has achieved such quick growth in this era? How is it that made-in-China products can flood the globe? Is a trade war going to happen? Or is a new world order in the making? This second volume of a trilogy-by Chinese journalist/consultant George Zhibin Gu-aims to answer these questions and more.

Today, more than a half-million overseas companies conduct business inside China. Learn about all the opportunities this exploding market presents, including banking, insurance, and stock market, as well as the yuan and trade and cross-border business issues. Moreover, it contains extensive studies on China's political-economic reform as well as evolving international relations.

This volume addresses eight key topics:

I. China's New Role in the World Development
II. The Yuan, Trade, and Investment
III. China's Fast-Changing Society, Politics, and Economy (in light of Chinese and global history)
IV. China's Banking, Insurance, and Stock Market Reforms
V. Chinese Multinationals vs. Global Giants
VI. The Taiwan Issue: Current Affairs and Trends (federation as an alternate way for unity)
VII. India vs. China: Moving Ahead at the Same Time
VIII. The Japan-China Issue: Evolving Relations in Light of History

Today, all nations increasingly rely on one another for development, a trend that will only strengthen as time passes. As a saying goes, "The future is being shaped today." This book will appeal to readers everywhere regardless of their particular interests.

Customer Reviews:

Cooking With the Iron Rice Bowl.......2007-03-27

Part reference, part musing, part insightful and timely analysis, George Zhibin Gu's latest book "China and the New World Order: How Entrepreneurship, Globalization, and Borderless Business are Reshaping China and the World" is a welcome and refreshing read among the endless new titles printed on China today.

Picking up on a focus of his previous book "China's Global Reach...," Gu goes further and identifies the chief impediment to China's latest and perhaps most difficult transition as the Chinese state itself. Gu reveals the seemingly historical inevitability of China's vast government apparatus but explains that Communist Party bureaucracy is unique in Chinese experience in the size and scope of its all-encompassing control.

In topics relative to today's readers Gu ably demonstrates through the book that changes in China come from the revived entrepreneurial instinct of the Chinese. Along with huge foreign investment China's ever-growing private sector is the outside influence that is challenging Chinese bureaucracy as never before. But while the Chinese people struggle to create a law-based society and break the bureaucracy's grip on all aspects of economic life, the Chinese state seeks an equal footing among world national powers.

"China and the New World Order" is nicely segmented into short but highly relevant chapters. As in his earlier works Gu deftly examines the pros and cons of numerous hot-button issues on China. For example he takes on the Taiwan - China knot and proposes an interesting solution, a federation or federal system as a means toward meaningful (and mutually beneficial) reunification although his federal system shares more similarity to a commonwealth in the opinion of this reviewer. Gu's look at delicate state of Japan and China relations reveals that Japan remains as apprehensive over Chinese growth and potential as it was in the past. In examining the India versus China debate Gu shows that there is far less competition (as Western press prefers to portray it) and more similarities between the two giants of Asia.

There is plenty of current information here and the detailed contents and summaries make the book a good quick reference for anyone with an interest in what's happening right now in China. And there are goodies such as a lengthy interview with Mark Mobius and a foreword by Hoover Institute fellow William Ratliff.

At one point in his analysis, Gu intriguingly compares the struggle in China to the old European church-state alliance. With that view in mind, what may be needed next and with luck what Chinese entrepreneurs may succeed in bringing is a Chinese "Glorious Revolution."

The most important book I read in the last 5 years.......2006-12-25

This new book from Dr. George Zhibin Gu is a geo-economics and geopolitical masterpiece from an insider, someone that thrives his consulting work and daily life inside China, not writing or comment from a comfortable chair in London or New York paid by a western think tank, or only for academic proposals. His challenge is to write for a broad audience out of China. I must refer his clever suggestions about Taiwan - a political proposal for a a federation - and the way he sees the go global from Chinese emergent multinationals. It is needed a lot of courage for an insider to be so clear in his proposals and to identify the old Chinese problem - bureaucracy, the same that stopped admiral Cheng Ho and the Discoveries in the XV Century, that closed China for so many centuries and gave an opportunity for foreign powers to humiliate China, hyper-bureaucracy that in the Mao period pulled China for chaos and economic and social distress. China and the New World Order is a must reading. Jorge Nascimento Rodrigues, editor of www.gurusonline.tv and translator of Made in China (published in Portuguese language).

Is a new world order in the making?...It might just happen........2006-12-15

Base on the number of book in relation to this matter so far I believe that no one has come close to capturing "new China's" spirit and meaning as Gu. After reading his second volume I found it to be hugely insightful on the current events of China and global affairs. It greatly explores the key factors that shape Chinese and global development in the next stages. It gives tremendous info and analysis on the Chinese government, politics, business and economy for any one's interest.

There's a huge amount of info on foreign businesses inside China. You will be able to see about twenty five American and global multinationals inside of China that are studied. In the meantime it gives us a very provocative analysis on China's new role in the world. Gu details this general picture of how China is walking away from a practical society and embracing an open, restless and dynamic society. It claims that an overextended, self-appointed bureaucracy remains the key problem for China. To overcome countless technical barriers, greater openness, entrepreneurship and global involvement is all needed. Again, it's very insightful on the issues between China, Taiwan, Japan, India and West. I will add that his analyses on Japan-China line up are very interesting as well as Taiwan. There' a tremendous amount of info and analysis on China's financial, banking, insurance and stock market.

Author George Zhibin Gu is a very outspoken and a well known Chinese journalist who has generally covered mergers and acquisitions, capital activities, business expansion, and restructuring. He's an insider who gives us scrupulous examination on current China and global affairs which is more than a reason why you should grab hold to this book.

Insightful and Intelligent.......2006-12-11

George Gu provides a depth of understanding that distinguishes his work from most other business books. His wide network of contacts gives insight into emerging trends. He provides useful context that western authors often lack and Chinese authors frequently take for granted.

Prepare for the Dragon Market - Winston Ma, Author of "Investing in China: New Opportunities in a Transforming Stock Market.......2006-11-07

For the international investor community, "Investing in China" in the new century is more or less a one-way investment and capital flow. Mr. Gu's book, however, looks one step further to explore how all these interactions would reshape the global horizon, both for China and the rest of the world.

In fact, China's outward influence is increasingly obvious. For instance, whether China would diversify its foreign currency reserve -- and consequently whether China will enter into the gold market to hedge its US dollar exposure -- has profound implications in the global financial markets.

Comparing to many other books on China, Mr. Gu's book has a truly "authentic Chinese" flavor. The reason is obvious: He is an INSIDER. As a native Chinese, he captures the spirit of China's latest developments in its not-too-short historic context.

The Travels of a T-Shirt in the Global Economy: An Economist Examines the Markets, Power, and Politics of World Trade

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Great Read
Good, but light-weighted
Can you understand global economics?
Doesn't take sides; just informs.
Good, casual read offering good perspective

The Travels of a T-Shirt in the Global Economy: An Economist Examines the Markets, Power, and Politics of World Trade
Pietra Rivoli
Manufacturer: Wiley
ProductGroup: Book
Binding: Hardcover

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ASIN: 0471648493

Book Description

The Travels of a T-Shirt in the Global Economy takes the reader on a fascinating, around-the-world journey to reveal the economic and political lessons from the life story of a simple t-shirt. Over five years, business professor Pietra Rivoli traveled from a Texas cotton field to a Chinese factory to a used clothing market in Africa, to investigate compelling questions about the politics, economics, ethics, and history of modern business and globalization. Using the story of the t-shirt to illustrate the major issues of the globalization debate, this uniquely entertaining business book offers a surprising, enlightening, and balanced look at one of the major topics of our time.

Prize or Award

Business Book of the Year 2005, Finalist
AAP Awards for Excellence in Professional and Scholarly Publishing, 2006

Customer Reviews:

Great Read.......2007-09-24

The book is a good read, since I am taking my international trade class, this is actually one of the require reading. If someone who is very liberal, or cuddle to grave type of mentality, this book does not offer the cuddly senstivitive that the faint hearted people are looking for. But it is quite realistic. If you can look pass the sweatshops and all, this is a good read.

Good, but light-weighted.......2007-09-11

The book is an advocate of free market and a defender of the globalization. Basically the author portraits non-market forces to be bad (examples: artificial constraint on the labor worker's mobility, international trading protection, and restriction of new technology applications). She also proposes that free trade is good (example: used apparels in Africa). It is an interesting angle with which to examine the globalization phenomena. By recognizing that there are non-market forces at play, one should, or so the author seems to suggest, attribute negative effects (such as sweatshops) to these forces and work on eradicating such forces. The ideal situation would be, as author implies, an absolutely free market operating in bringing everyone maximum benefit.
While there may be novelty in this theme, I do not feel that it merits all the details and tidbits as presented in the book. In fact, I find this book more like a research log than a final product. The stories and observations are definitely interesting and well-written. However it is not always clear where they lead to and what conclusion they are designed to support. I think the book can be reduced to 1/3 of its volume and still be able to make the same points.
On the other hand, many conclusions are not well supported. For example, about trade restrictions, the author argues that US quota systems impact how capital and labor flows in the world, and shape the economy of other countries. While it is obvious that all US trading partners would behave under the influence of US trading policies, more quantitative evidences are required to ascertain the extend of such influence. Such details are lacking in the book. As another example, the book stated that China lost more textile jobs than the US. Therefore, the US jobs are not going to China, but are just disappearing due to technology advances. Such claim is not well-supported, either. These two forces (technological advances and job relocations) can both contribute to the job loss. Their relative importance in the US cannot be indicated by how much textile jobs are lost in China. (In addition, the book does not point out that most Chinese factories operate at a lower technological level than their US competitors. Therefore, the job loss rate due to technological advance is not the same in US and China.)
On a more grand scale, the book fails to address the following issue, which is very relevant to the topics at hand. Globalization in essence is a process of integrating many previously local markets into a unified global market. Previously, each market has different states of balance and is supported by different Government infrastructure. After integration, capital, labor and product flow to maximize profit for the capitalists. Such flow disrupts all local balances before a global balance is reached. For example, the labor cost in the US today is reasonably high because most people have the choice of working as blue collar or white collar workers. Some people are willing to work for lower wage to avoid the extra training and investment required for white collar jobs. However the difference in wages cannot be too large. In China, on the other hand, the pool of unskilled labor is huge and opportunity of getting trained and advancing into white collar jobs is very limited. Therefore, the unskilled labor cost is very low in China. Moreover, the tradition and culture in China allows for lower safety standards and environmental standards as imposed by the Government. Now the current state of balance in the US is the result of adjustments over generations and is relatively optimal. In a global market, however, the US cannot keep its balance until the whole world reaches the same balance. In the long run, such re-balancing is not a big problem and is even desirable. However, in the short run, it brings shock to the US markets, and such shock is unevenly bore by the arguably most vulnerable population: the workers. To me, this is a very important issue in globalization. Economically, globalization is win-win and everyone eventually will benefit. Humanitarianly, however, there are people who suffer in the process and it is the duty of the society to help them and (God forbid) protect them.
Overall, I'd say that this is a very interesting and thought provoking book. I enjoyed reading it at my leisure. However, I don't consider it to be of the caliber of an Economics textbook.

Can you understand global economics?.......2007-07-05

It's all about the money, someone said. This wonderful book starts with the growing of cotton subsidized by the US government, the spinning and weaving in China, the T-shirt making in Bangla Desh or wherever, its wear in the United States, and its ultimnate fate as second-hand clothing in West Africa, the only free market found by the author.
A simple and elegant account of interconnected global economics, of who gets value, who adds value, and who gets the money. Fun to read.

Doesn't take sides; just informs........2007-05-14

An intelligent, fair minded, well-researched, and very interesting book. I was assigned to read it for a class, so I had to force myself to open it, but once I did, I had a hard time putting it down. The book is not only informative, it also reads like a good story. The author is an economics professor whose writing style is friendly and accessible. Rather than being yet another abstract book about the global economy, it's about how everyday people function in, and are affected by, the global economy. The book doesn't take sides, it just informs the reader about something that affects us all.

Good, casual read offering good perspective.......2007-01-15

This book takes a pretty balanced approach to questions of globalization by tracing how a T-shirt is produced, from raw materials to the folded T-shirt in a department store, to the used T-shirts that are reprocessed or go to developing countries for a second life. Probably everyone can learn something from this book, and the narration is fairly engaging (it was good plane reading for me). The writer tries to keep the book agenda-free, putting forth both economists' and anti-globalizers' perspectives and describing how, to a certain degree, an effective global economy needs pushes from both camps.

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