This textbook deals with the progressive global dissolution of political, economic, and social boundaries, which has significant implications for labor markets, the international division of labor, social security, and income distribution. Politically, it is eroding the sovereign ability of nation-states to shape their own affairs; socially, it conjures up the specter of an increasingly global culture of unity. Against the background of the empirical effects of globalization processes in a number of areas, the book discusses to what extent these fears are justified, whether they cannot also be explained by other developments, and whether the benefits of globalization justify the costs and risks resulting from it.
Author(s): Joachim Betz, Wolfgang Hein
Publisher: Springer
Year: 2023
Language: English
Pages: 265
City: Wiesbaden
Contents
1 Introduction
1.1 Globalization on the Brink?
1.2 Preliminaries to the Concept of Globalization
1.3 Definitions of Globalization and Their Problems
1.4 What’s New about the Current Globalization Phase
1.5 Measurement of Globalization
References
2 Globalization and Technological Development: Production, Transport and Communication
2.1 Overview
2.1.1 Globalization as a Result of Technological Change
2.1.2 Manufacturing Technology
2.1.3 Transport
2.1.4 Communication
2.2 Industrial Revolution and Globalization
2.3 Industry 4.0: Future Perspectives
2.4 Technology and Socio-Economic Development
References
3 Political Globalization: Democracy, International Organizations and Global Civil Society
3.1 General Relationships
3.2 Political Causes of Globalization
3.3 The Role of International Organizations in Globalization
3.4 The Role of International Civil Society in Globalization
References
4 Trade
4.1 Development of World Trade
4.2 The Expansion of Foreign Trade and Its Causes
4.3 Motives for Global Trade Liberalization
4.4 What are the Reasons for the Resistance to Trade Liberalization?
4.5 Distribution of Foreign Trade Gains
References
5 Foreign Investment
5.1 Foreign Investment, in Particular by Transnational Corporations: Development and Focus
5.2 Increase in Foreign Investment and Its Causes
5.3 Scope and Distribution of Foreign Investment
5.4 The Splitting of Value Chains by International Corporations
5.5 Causes of the Increase in Private Foreign Investment
5.6 Effects and Problems of Foreign Investment
References
6 International Finance
6.1 The Development and Structure of Global Financial Markets
6.2 The International Capital Market Today
6.3 Benefits of the Internationalization of Capital Flows
6.4 Problematic Effects of Open Financial Markets
6.5 Regional and International Financial Crises
6.6 Crisis Prevention
References
7 Migration and Globalization
7.1 Introduction
7.2 Extent and Geographical Distribution of Refugee and Migration Flows
7.3 Causes of Refugee and Migration Movements
7.4 Consequences of Migration for the Host Countries
7.5 Consequences of Migration for Countries of Origin
7.6 The Future of Migration
References
8 Globalization and Employment
8.1 Introduction
8.2 The Empirics of Employment Worldwide
8.3 Wage Share and Polarization of Labor Markets
8.4 Employment and the Rise of Emerging Economies
8.5 Creation/Destruction of Jobs Through Automation
References
9 Globalization and Income Distribution
9.1 What is Problematic About Unequal Distribution?
9.2 Possible Links Between Globalization and Distribution
9.3 Measuring Global and Intra-state Inequality
9.4 The Development of Inequality Worldwide and Within Countries
9.4.1 Global Inequality
9.4.2 Regional/Interstate Inequality
9.5 Globalization as the Main Cause of Income Concentration?
9.6 Solutions
References
10 Statehood
10.1 General
10.2 Globalization and Taxation
10.3 Reasons for Continued Taxability
10.4 So No Tax Policy “Race to the Bottom”?
References
11 Globalization and the Welfare State
11.1 Problem Statement
11.2 The Theoretical Relationship Between Globalization and the Welfare State and Its Verification
11.3 To the Current Social Policy Empirics
11.4 Deficits in Social Security in the North and South
References
12 Globalization and Democracy
12.1 General
12.2 The Spread of Democratic Systems in the Second Globalization Wave
12.3 International Organizations, Civil Society and Democracy
References
13 Globalization and Culture
13.1 General
13.2 Different Positions on Cultural Globalization
13.3 The Empirics of Cultural Convergence
13.4 The Global Culture Market
References
14 Globalization and Its Opponents
14.1 Opponents of Globalization
14.2 Election Successes of Populist Parties
14.3 Explanatory Patterns of Populist Success
14.3.1 The Socio-Economic Explanation
14.3.2 The Culturalist Explanation
14.3.3 The Political Science Approach
14.4 The Lack of Success of Left-Wing Populists
References
15 Global Governance
15.1 Global Governance as a Necessary Counterpart to Globalization
15.2 Global Public Goods
15.3 The Emergence and Expansion of Complex Global Governance
15.4 The Empirics of Global Governance
15.5 The Criticism of Global Governance
15.6 Failure of the Liberal World Order?
References
16 Drying up of Globalization Sources or Resilience
16.1 The Empirics of Deglobalization
16.2 Alternatives to Globalization?
References
