Author: Kavaljit SinghPublisher: Madhyam BooksYear: 2005Language: EnglishPages: 192ISBN/UPC (if available): 1842772791 DescriptionGlobalization has become the cliche of our times. The neo-liberal virus has struck almost everybody including within the ranks of the left. The proponents of neo-liberal globalisation claim that it produces accelerated, efficient development along with a deepening of democracy and human rights. However, reality shows the opposite and any rigorous examination of such arguments reveals their shallowness and inconsistency. This book underscores the point that current economic disasters are not the price we have to pay for a transition towards the promised paradise, but on the contrary are bound to get worse as long as neo-liberal economic policies are pursued. With the help of case studies, statistical data and cogent analysis, the book debunks several myths associated with globalization processes.REVIEWSQuestioning Globalization is needed. Kavaljit Singh has produced a most convincing book on globalization issues. I highly recommend the book to all activists including those who are already convinced that neo-liberalism must be defeated.-Samir AminDirector, forum tiers Monde, SenegalKavaljit Singh has written a brilliant and succinct series of responses to a number of basic questions which have academic and political relevance. This book will serve as a valuable text for all readers interested in the political economy of globalization.-James PetrasProfessor Emeritus, State University of New York, USContentsACRONYMSDATA NOTESACKNOWLEDGEMENTS AND DEDICATIONINTRODUCTIONDOES FINANCIAL GLOBALIZATION STIMULATE INVESTMENT AND GROWTH?Popular Myths about the Benefits of Financial GlobalizationThe Consolidation of Global Banking IndustryThe Market Driven Global Banking Industry versus Imperatives of DevelopmentMicrofinance, Poverty Reduction and Women’s EmpowermentConcluding RemarksGLOBAL RULES ON INVESTMENT: RULES FOR WHOM?Regulation of Foreign InvestmentHistory of Investment RulesInvestment Issues under NAFTA: Some LessonsInvestment Measures Under the Existing WTO RegimeDo Investment Agreements Lead to Increased Foreign Investment?Benefits of Global Investment Rules: Myths and RealitiesFDI is not a PanaceaIs WTO an Appropriate Forum for Investment Rules?Investment Rules for Whom?Concluding RemarksDOES GLOBALIZATION PROMOTE DEMOCRACY AND HUMAN RIGHTS?Globalization of DemocracyThe Political Project of GlobalizationDemocracy Promotion US - style!Global Crusade for Democracy or Polyarchy?It is the Quality of Democracy, Stupid!Globalization, Independent Economic Policy-Making and DemocratizationDelinking of Economic Decision-making from Democratic Political ProcessesDemocratic Deficit from Local to Global SpacesGlobalization and Onslaught on Democratic RightsConcluding RemarksINTERNATIONAL AID, IFIS AND GOOD GOVERNANCE: WHOSE GOVERNANCE MATTERS?Defining Governance and Good Governance The Soaring Graph of Good Governance AgendaFrom Washington Consensus to Post-Washington ConsensusIFIs and Governance ConditionalitiesThe Limits of Technocratic ApproachPolitics MattersGovernance of IFIs: Good or Bad?Time to Broaden the Discourse on Good GovernanceConcluding RemarksDOES GLOBALIZATION SPELL THE END OF NATION-STATE?How Global is Globalization?Have States become Powerless and Obsolete?Can Globalization Survive without Nation-States?International Institutional Arrangements and GlobalizationIs Globalization, Ethnicity and Nation-StateConcluding RemarksBIBLIOGRAPHYINDEX