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Item Details
Title: THE WIND OF THE HUNDRED DAYS
HOW WASHINGTON MISMANAGED GLOBALIZATION
By: Jagdish N. Bhagwati
Format: Paperback

List price: £7.99
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ISBN 10: 0262523272
ISBN 13: 9780262523271
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Publisher: MIT PRESS LTD
Pub. date: 1 February, 2002
Series: The Wind of the Hundred Days
Pages: 397
Description: Provocative essays on international trade, with particular focus on US foreign trade policy.
Synopsis: In The Wind of the Hundred Days, a new collection of public policy essays, Jagdish Bhagwati applies his characteristic wit and accessible style to the subject of globalization. Notably, he argues that the true Clinton scandal lay in the administration's mismanagement of globalization -- resulting in the paradox of immense domestic policy success combined with dramatic failure on the external front. Bhagwati assigns the bulk of the blame for the East Asian financial and economic crisis -- a disaster that prompts him to use as his title the poet Octavio Paz's image of devastation "I met the wind of the hundred days" -- to the administration's hasty push for financial liberalization in the region.The administration, Bhagwati claims, has also mishandled the freeing of trade. The administration-hosted WTO meeting in Seattle ended in chaos and the launch of a new round of multilateral trade negotiations was dashed. Bhagwati shows how the administration's failure to get Congress to renew fast-track authority can be attributed to an unimaginative response to the demands of a growing civil society. In several essays, he shows how free trade and social agendas both could have been pursued successfully if the concerns of human-rights, environmental, cultural, and labor activists had been met through creative programs at appropriate international agencies such as the International Labour Organization instead of the WTO and via trade treaties. Bhagwati also criticizes the claim that "globalization needs a human face," arguing that it already has one. He faults the administration for embracing unsubstantiated anti-globalization rhetoric that has made its own preferred option of pursuing globalization that much more difficult.
Illustrations: 13 illus.
Publication: US
Imprint: MIT Press
Returns: Returnable
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ESSAYS IN DEVELOPMENT ECONOMICS (PB)
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ESSAYS IN INTERNATIONAL ECONOMIC THEORY (HB)
ESSAYS IN INTERNATIONAL ECONOMIC THEORY (HB)
ESSAYS IN INTERNATIONAL ECONOMIC THEORY (PB)
ESSAYS INTERNATIONAL ECONOMIC THEORY (PB)
FAIR TRADE AND HARMONIZATION (HB)
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FREE TRADE TODAY (PB)
FREE TRADE, FAIRNESS AND THE NEW PROTECTIONISM (PB)
GLOBALIZATION CHALLENGED (HB)
GLOBALIZATION CHALLENGED (PB)
GOING ALONE (HB)
GOING ALONE (PB)
IMPORT COMPETITION AND RESPONSE (HB)
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IN DEFENSE OF GLOBALIZATION (PB)
INCOME TAXATION AND INTERNATIONAL MOBILITY (PB)
INDIA IN TRANSITION (HB)
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LECTURES ON INTERNATIONAL TRADE (HB)
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MAKING AID WORK (PB)
NEW INTERNATIONAL ECONOMIC ORDER (HB)
OFFSHORING OF AMERICAN JOBS (HB)
POLITICAL ECONOMY AND INTERNATIONAL ECONOMICS (PB)
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SKILLED IMMIGRATION TODAY (HB)
SUSTAINING INDIA'S GROWTH MIRACLE (HB)
SUSTAINING INDIA'S GROWTH MIRACLE (HB)
TERMITES IN THE TRADING SYSTEM (HB)
THE DANGEROUS DRIFT TO PREFERENTIAL TRADE AGREEMENTS (PB)
THE ECONOMICS OF PREFERENTIAL TRADE AGREEMENTS (HB)
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THE URUGUAY ROUND AND BEYOND (HB)
THE URUGUAY ROUND AND BEYOND (HB)
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TRADE AND WAGES (PB)
TRADE, TARIFFS, AND GROWTH (PB)
TRADING BLOCS (HB)
TRADING BLOCS (PB)

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