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An internationally renowned economist, Jagdish Bhagwati takes conventional wisdom—that globalization is the cause of several social ills—and turns it on its head. Properly regulated, globalization, he says, is the most powerful force for social good in the world.

Drawing on his unparalleled knowledge of international economics, Bhagwati dismantles the antiglobalization case. He persuasively argues that globalization often leads to greater general prosperity in an underdeveloped nation: it can reduce child labor, increase literacy, and enhance the economic and social standing of women. And to counter charges that globalization leads to cultural hegemony, to a bland “McWorld,” Bhagwati points to several examples, from literature to movies, in which globalization has led to a spicy hybrid of cultures.

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Jagdish Bhagwati

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