Authors: Luís Catão and Maurice Obstfeld
Globalization has expanded economic opportunities throughout the world, but it has also left many people feeling dispossessed, disenfranchised, and angry.
Luís Catão and Maurice Obstfeld bring together some of today’s top economists to assess the benefits, costs, and daunting policy challenges of globalization,says a review on the Princeton University Press website.
This timely and accessible book combines incisive analyses of the anatomy of globalization with innovative and practical policy ideas that can help to make it work better for everyone. Meeting Globalization’s Challenges draws on new research to examine the channels through which international trade and the diffusion of technology have enhanced the wealth of nations while also producing unequal benefits within and across countries.
The book provides needed perspectives on the complex interplay of trade, deindustrialization, inequality, and the troubling surge of nationalism and populism —perspectives that are essential for crafting sound economic policies.