Jagdish N. Bhagwati Libri

The collection features thought-provoking essays that delve into international trade, emphasizing the intricacies of US foreign trade policy. It explores the implications of trade agreements, global market dynamics, and the impact of policy decisions on both domestic and international economies. The essays challenge conventional views and encourage readers to consider the broader consequences of trade practices, making it a compelling read for those interested in economic policy and global relations.

In the passionate debate that currently rages over globalization, critics have been heard blaming it for a host of ills afflicting poorer nations, everything from child labor to environmental degradation and cultural homogenization. Now Jagdish Bhagwati, the internationally renowned economist, takes on the critics, revealing that globalization, when properly governed, is in fact the most powerful force for social good in the world today. Drawing on his unparalleled knowledge of international and development economics, Bhagwati explains why the "gotcha" examples of the critics are often not as compelling as they seem. With the wit and wisdom for which he is renowned, Bhagwati convincingly shows that globalization is part of the solution, not part of the problem. This edition features a new afterword by the author, in which he counters recent writings by prominent journalist Thomas Friedman and the Nobel Laureate economist Paul Samuelson and argues that current anxieties about the economic implications of globalization are just as unfounded as were the concerns about its social effects.

The pattern of trade; Model and analytic relationships in ricardian theory; Ricardian theory and the pattern of trade; Alternative models and theories; Tariffs and trade equilibrium; Tariffs versus quotas; Trade and welfare in an opean economy; Recent theoretical developments