Abstract
The antecedents of global economy are a highly debatable and important cultural and political issue. Understanding its roots may help clear the air for a better understanding of what global economy really is or is not. Social change, big or small, either positive or negative, even with ostensibly abrupt revolutions, almost never occurs in a historical vacuum. That certainly seems true for the current state of global economy or economic globalization.
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Notes
Amartya Sen, “How to Judge Globalism,” The American Prospect, January 1–14, 2002.
For further details on Chinese inventions, see Simon Winchester, The Man Who Loved China (New York: Harper Collins, 2008).
Sen, “How to Judge Globalism”; and Debiprasad Chattapdhyaya, History of Science and Technology in Ancient India (Calcutta, India: Firma KLM, 1991).
Aqueil Ahmad, “Globalization: Boon or Bane?” Share the World’s Resources, 2004, http://www.stwr.org/index2.php?option=com_content&do_pdf=1&id =37.
In addition to the references on globalization cited in the Introduction, see also the following works: Simon Head, The New Ruthless Economy: Work and Power in the Digital Age (New York: Oxford University Press, 2003);
Pietra Rivoli, The Travels of a T-Shirt in the Global Economy (Hoboken, NJ: John Wiley, 2006);
Robyn Meredith, The Elephant and the Dragon: The Rise of India and China and What It Means for All of Us (New York: W. W. Norton, 2007).
Robert B. Reich, The Work of Nations: Preparing Ourselves for 21st Century Capitalism (New York: Alfred A. Knopf, 1991), 3.
Marshall McLuhan, The Global Village: Transformations in World Life and Media in the 21st Century (New York: Oxford University Press, 1989).
Alvin Toffler, The Third Wave (New York: Morrow, 1980).
Thomas Peters and Robert Waterman, In Search of Excellence: Lessons from America’s Best-Run Companies (NewYork: Harper and Row, 1982).
Daniel I. Okimoto, Between MITI and the Market: Japanese Industrial Policy for High Technology (Stanford, CA: Stanford University Press, 1987). Others have questioned the role of Japanese government and MITI in the so-called “Japanese Miracle?”
See, for example, Scott Callon, Divided Sun: MITI and the Breakdown of Japanese High-Tech Industrial Policy, 1975–1983 (Stanford, CA: Stanford University Press, 1995).
Alvin Toffler, Power Shift: Knowledge, Wealth, and Power at the Edge of the 21st Century (New York: Bantam Books, 1990).
See also Alvin and Heidi Toffler, Creating a New Civilization: The Politics of the Third Wave (Atlanta, GA: Turner Publications, 1995).
Peter F. Drucker, Landmarks of Tomorrow: A Report on the “New Post-Modern” World (New Brunswick, NJ: Transaction Publishers, 1996);
Peter Drucker and Isao Nakauchi, Drucker on Asia: A Dialogue between PeterDrucker and Isao Nakauchi (Newton, MA: Butterworth-Heinemann, 1997);
W. Edwards Deming, The New Economics for Industry, Government, Education (Cambridge, MA: MIT Center for Advanced Engineering Study, 1993);
Anthony Giddens, The Consequences of Modernity (Stanford, CA: Stanford University Press, 1990).
Further details about these regional economic blocs are available elsewhere; for example, check the following sources: S. Weintraub, NAFTA’s Impact on North America: The First Decade (Washington, DC: CSIS Press, 2004);
Denis Hew, ed., Roadmap to an ASEAN Economic Community (Singapore: Institute of Southeast Asian Studies, 2005).
Saw Swee-Hock, ed., AEAN-China Economic Relations (Singapore: Institute of Southeast Asian Studies, 2007).
For such diametrically opposed views, see Edward Luce, Time to Start Thinking: America in the Age of Descent (New York: Atlantic Monthly Press, 2012);
and Daniel Gross, Better, Stronger, Faster: The Myth of American Decline … and the Rise of a New Economy (New York: Free Press, 2012).
Joshua Cooper Ramo, “Globalism Goes Backward,” Fortune, Nov. 20, 2012, http://finance.fortune.cnn.com/2012/11/20/global-economy-backward.
Nandan Nilekani, Imagining India: The Idea of a Renewed Nation (New York: Penguin Press, 2009).
Peter Engardio, ed., Chindia: How China and India are Revolutionizing Global Business (New York: McGraw-Hill, 2007).
Nouriel Roubani, “The Risk of a Hard Landing China: The Two Engines of Global Growth—US and China—Are Now Stalling.” REG Monitor, November 4, 2008, 1.
See the following works by Aqueil Ahmad: “Globalization and the Developing Countries, with Especial Reference to Cuba,” Globalization 1, no. 1 (Fall 2001): http://www.globalization.icaap.org/v1.1/aqueilahmad.html); and “Science and Society in Cuba in the Context of Techno-Economic Globalization,” Journal of Business Chemistry 2, no. 3 (September 2005): 112–18.
Jaleel Ahmad, “Why Are There So Many Preferential Trade Areas? A Political Economy Perspective,” Global Economic Review 37, no. 1 (March 2008): 51–62.
Peter Marsh, The New Industrial Revolution: Consumers, Globalization and the End of Mass Production (New Haven, CT: Yale University Press, 2012).
See, for example, Sebastian Mallaby, Op Ed, Washington Post, November 28, 2005.
Paul Baron, The Political Economy of Growth (New York: Monthly Press Review, 1957);
Leslie Sklair, Globalization: Capitalism and Its Alternatives (New York: Oxford University Press, 2002).
Jeffrey D. Sachs, The End of Poverty: Economic Possibilities for Our Time (London: Penguin Books, 2005).
Ingrid Eckerman, The Bhopal Saga—Causes and Consequences of the World’s Largest Industrial Disaster (Bloomington: Indiana Universities Press, 2004).
Pradip K. Ghosh, ed., Appropriate Technology in Third World Development (Westport, CT: Greenwood Press, 1984).
Vandana Shiva, The Violence of Green Revolution: Third World Agriculture, Ecology, and Politics (Atlantic Highlands, NJ: Zed Books, 1999); and Seeds of Suicides: The Ecological and Human Costs of Globalization (New Delhi: Research Foundation for Science, Technology, and Ecology, 2000).
See, for example, Vandana Shiva, Afsar Jafri, and Kanwar Jalees, The Mirage of Market Success: How Globalization Is Destroying Farmers’ Lives and Livelihoods (New Delhi: Navdanya, 2003).
Robert T. Moran, ed., Global Business Management in the 1990s (Osprey, FL: Beacham, 1990).
Wallace V. Schmidt et al., Communicating Globally: Intercultural Communication and International Business (Los Angeles, CA: Sage, 2007).
Gary P. Ferraro, The Cultural Dimension of International Business (Upper Saddle River, NJ: Prentice Hall, 1998).
Quoted from Andrew Kupfer, “How to Be a Global Manager,” Fortune, March 14, 1988, 58.
See, for example, Scott Sernau, Global Problems: The Search for Equity, Peace, and Sustainability (New York: Pearson Education, 2006).
UNESCO, “The Globalization of the Drug Trade,” UNESCO Sources 111 (April 1999): 4–8.
David M. Newman, Sociology: Exploring the Structure of Everyday Life (Thousand Oaks, CA: Sage Publications, 2006), 276.
Lora Lumpe, ed., Running Guns: The Global Black Market in Small Arms (New York: St. Martin’s Press, 2002).
Stockholm International Peace Research Institute website, http://www.sipri.org. See also Gideon Burrows, No-Nonsense Guide to the Arms Trade (Oxford, UK: New Internationalist, 2002).
Michael Klare, “The New Arms Race: Light Weapons and International Security,” Current History 96 (April 1997): 173–78.
Dipankar Bannerjee and Robert Muggah, Small Arms and Human Insecurity (Colombo, Sri Lanka: Regional Center for Strategic Studies, 2002).
See the following article for further details about the nuclear proliferation deals by A. Q. Khan, the Pakistani nuclear scientist. William Broad, David Sanger, and Raymond Bonner, “A Tale of Nuclear Proliferation: How the Pakistani Built His Network,” New York Times, February 12, 2004.
For a comprehensive and up-to-date look at the problem of trafficking of women and children, see Karen Beeks and Della Amir, eds., Trafficking and the Global Sex Industry (Lanham, MD: Lexington Books, 2006).
Janice Raymond, “Prostitution as Violence against Women: NGO Stonewalling in Beijing and Elsewhere,” Women’s Studies International Forum 21, no. 1 (1998): 1–9.
Frank Laczko, “Human Trafficking: The Need for Better Data.” International Organization for Migration, November 2002.
William Finnegan, “The Countertraffickers: Recruiting the Victims of the Global Sex Trade,” The New Yorker, May 5, 2008, 49.
Barbara Starr, “Former Soviet Union a Playground for Organized Crime: A Gangster’s Paradise,” ABC News, September 14, 1998, 1.
Lena H. Sun, “The Search for Miss Right Takes a Turn toward Russia: Mail-Order Brides Are Met via lnternet and on ‘Romance Tours,’” Washington Post, March 8, 1998, http://www.encount.com/media/wahpost98.htm.
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© 2013 Aqueil Ahmad
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Ahmad, A. (2013). The Global Economy (or Economic Globalization). In: New Age Globalization. Palgrave Macmillan, New York. https://doi.org/10.1057/9781137319494_4
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