The End of Globalization: Lessons from the Great Depression

Name: The End of Globalization: Lessons from the Great Depression
Brand: Harvard University Press
SKU: 9780674010079
Price: 4204.0 INR
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by Harold James

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ISBN13: 9780674010079
Binding: Paperback
Subject: N/A
Publisher: Harvard University Press
Publisher Imprint: Harvard University Press
Publication Date: October 15, 2002
Pages: 272
Original Price: USD 36.0
Language: English
Edition: N/A
Item Weight: 404 grams
BISAC Subject(s): United States / 20th Century

About The Book

"Globalization" is here. Signified by an increasingly close economic interconnection that has led to profound political and social change around the world, the process seems irreversible. In this book, however, Harold James provides a sobering historical perspective, exploring the circumstances in which the globally integrated world of an earlier era broke down under the pressure of unexpected events.

James examines one of the great historical nightmares of the twentieth century: the collapse of globalism in the Great Depression. Analyzing this collapse in terms of three main components of global economics--capital flows, trade, and international migration--James argues that it was not simply a consequence of the strains of World War I but resulted from the interplay of resentments against all these elements of mobility, as well as from the policies and institutions designed to assuage the threats of globalism. Could it happen again? There are significant parallels today: highly integrated systems are inherently vulnerable to collapse, and world financial markets are vulnerable and unstable. While James does not foresee another Great Depression, his book provides a cautionary tale in which institutions meant to save the world from the consequences of globalization--think WTO and IMF, in our own time--ended by destroying both prosperity and peace.

About The Author

James, Harold: - Harold James is the Claude and Lore Kelly Professor in European Studies and Professor of History and International Affairs at Princeton University.

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