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People passionately disagree about the nature of the globalization process. The failure of both the 1999 and 2003 World Trade Organization's (WTO) ministerial conferences in Seattle and Cancun, respectively, have highlighted the tensions among official, international organizations like the WTO, the International Monetary Fund (IMF), the World Bank, nongovernmental and private sector organizations, and some developing country governments. These tensions are commonly attributed to longstanding disagreements over such issues as labor rights, environmental standards, and tariff-cutting rules. In addition, developing countries are increasingly resentful of the burdens of adjustment placed on them that they argue are not matched by commensurate commitments from developed countries. Challenges to Globalization evaluates the arguments of pro-globalists and anti-globalists regarding issues such as globalization's relationship to democracy, its impact on the environment and on labor markets including the brain drain, sweat shop labor, wage levels, and changes in production processes, and the associated expansion of trade and its effects on prices. Baldwin, Winters, and the contributors to this volume look at multinational firms, foreign investment, and mergers and acquisitions and present surprising findings that often run counter to the claim that multinational firms primarily seek countries with low wage labor. The book closes with papers on financial opening and on the relationship between international economic policies and national economic growth rates.

International economic relations --- Globalization. --- Human rights. --- Income distribution. --- International economic relations. --- Pressure groups. --- AA / International- internationaal --- 338.048 --- 333.164.0 --- 333.432.8 --- 382.11 --- 338.6 --- Fusies van ondernemingen. Industriële concentratie. --- Internationale Bank voor Herstel en Ontwikkeling: algemeen. --- Internationale monetaire organisatie. Internationaal Muntfonds. Algemene leningovereenkomsten. --- Theorie van het internationale evenwicht. Economische onafhankelijkheid van een natie. Globalisering. Mondialisering. --- Wetenschappelijk onderzoek en ontwikkeling. --- International Commerce --- Commerce --- Business & Economics --- Basic rights --- Civil rights (International law) --- Human rights --- Rights, Human --- Rights of man --- Economic policy, Foreign --- Economic relations, Foreign --- Economics, International --- Foreign economic policy --- Foreign economic relations --- Interdependence of nations --- International economic policy --- International economics --- New international economic order --- Distribution of income --- Income inequality --- Inequality of income --- Advocacy groups --- Interest groups --- Political interest groups --- Special interest groups (Pressure groups) --- Global cities --- Globalisation --- Internationalization --- Law and legislation --- Human security --- Transitional justice --- Truth commissions --- Economic policy --- International relations --- Economic sanctions --- Distribution (Economic theory) --- Disposable income --- Functional representation --- Political science --- Representative government and representation --- Lobbying --- Policy networks --- Political action committees --- Social control --- Anti-globalization movement --- Globalization --- Pressure groups --- Income distribution --- E-books --- Internationale Bank voor Herstel en Ontwikkeling: algemeen --- Internationale monetaire organisatie. Internationaal Muntfonds. Algemene leningovereenkomsten --- Fusies van ondernemingen. Industriële concentratie --- Wetenschappelijk onderzoek en ontwikkeling --- Theorie van het internationale evenwicht. Economische onafhankelijkheid van een natie. Globalisering. Mondialisering --- global, controversy, controversial, academic, scholarly, research, wto, world trade organization, conference, seattle, cancun, imf, international monetary fund, bank, banking, sector, public, private, government, nongovernmental, country, labor, rights, environmental, tariff, developed, relationships, globalist, democracy, wages, workplace, multinational, economic.