Globalization, Poverty and Inequality: Between a Rock and a Hard Place
September 2005, Polity
Globalization, Poverty and Inequality provides an alternative viewpoint. It argues that for many – particularly for those living in Latin America, Asia and Central Europe – poverty and globalization are relational. It is the very workings of the global system which condemn many to poverty. In particular the mobility of investment, and the large pool of increasingly skilled workers in China and other parts of Asia, are driving down global wages.
This poses challenges for policy makers in firms and countries throughout the world. It also challenges the very sustainability of globalisation itself. Are we about to witness the implosion of globalisation, as occurred between 1913 and 1950?
Using a variety of theoretical frameworks and drawing on a vast amount of original research, this book will be an invaluable resource for all students of globalization and its effects.
List of Figures vi
List of Tables x
A Guide to the Reader xii
Part 1 Setting the Scene 1
1 Global Dynamics 3
2 Globalization and Poverty 26
Part II Gaining from Globalization 53
3 Getting it Right: Generating and Appropriating Rents 55
4 Managing Innovation and Connecting to Final Markets 86
5 The Global Dispersion of Production – Three Key Sectors 122
Part III Losing from Globalization 161
6 How Does it All Add Up? Caught Between a Rock and a Hard Place 163
7 Does it All Add Up? 196
8 So What? 232
- Groundbreaking argument that poverty is relational to
globalization, not just residual.
- Focus on the relationship between globalization and poverty in
Latin America, Asia and Central Europe.
- Illustrated with a wealth of statistical information, easily
viewed in tables and graphs.
- Examines the policy-making implications of poverty for
- Essential reading for all students of the global economy.
Political Studies Review
"This book is a useful addition to the growing literature on
globalisation. It is well-balanced, well-researched and relatively
Development Policy Review
"Contains much new material and results of original research
which should enable the reader to rise above the simplicities of
'globalization good' and 'globalization bad'."
Sir Hans Singer
"Highly readable and informative and challenges many of our
assumptions about how industrialization and globalization works and
how we might manage the process more effectively and equitably. It
ought to be on the 'required reading' list for any courses which
deal with the challenge of managing technological and industrial
"Uncovers the perils as well as the promise of globalization in
an unvarnished look at winners, losers, and the new rules of the
game in the global economy."
"Kaplinsky’s book provides a powerful and insightful
vision of the opportunities and threats of globalization. His view
of today’s complex global economy examines the aggregate
picture relating it to the historical context and with constant
reference to specific cases that exemplify and deepen the
understanding of the various processes at play.
His own considered view is that many economies in Latin America
and Africa, and many people in the advanced industrial economies,
are likely to be clear losers in a globalizing economy. Yet the
analysis is rich enough to feed both sides of the necessary debate
on whether globalization could become a positive-sum game for both
advanced and developing countries."
Carlota Perez, Universities of Cambridge and
"This book is a rich contribution to the growing body of
critical literature on globalisation."
The Hindu, Chennai, India