Monday, October 29, 2012

In Defense of Globalization Analysis

Bhagwati's arguments in this first section from the book decry critics of globalization as focused on isolated incidents of corporate corruption rather than considering the whole picture, and he maintains that overall, globalization reduces adverse social events such as baby labor.

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The simple fact that critics of globalization usually arrive from rich countries is evidence to him that the poor nations fav or globalization. Inside a perverse twist, he takes particular aim at non-governmental firms (NGOs), which are some of the most vocal critics of globalization, while using exact same isolated incidents of corruption or hidden agendas that he derides in critics of globalization (Bhagwati, 2004, pp. 37-44). Bhagwati, J. (2004). In Defense of Globalization.

New York: Oxford University Press. It is intriguing to note that Bhagwati's book was published in 2004 at a time after the globe economy was in a lot different shape than at the beginning of 2009.

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