Abstract:
While many countries may embrace globalization at the conceptual level, the specifics of implementation vary greatly from country to country. Testing Global Interdependence poses such questions as: How is openness exercised? How does a country join the international globalization trend? What mechanisms are available to help societies adjust to globalization? The book draws upon the diverse experiences of multiple countries as they react to the practicalities of globalization and succeeds in discovering the gains resulting from particular trade policies, anti-poverty measures, migration patterns and foreign aid packages. The diverse narratives contained within the book ultimately suggest how to limit globalization's negative aspects and ensure constructive engagement in the global community. © Ernest Aryeetey and Natalia Dinello 2007. All rights reserved.