Summary:
The book presents a comprehensive argument in favor of globalization, asserting that it generally benefits societies by promoting economic growth, reducing poverty, and fostering democracy. It addresses common criticisms of globalization, such as labor and environmental concerns, and proposes policies to mitigate its negative effects while enhancing its positive impacts.
Key points:
1. Globalization's Positive Impact: Bhagwati sees globalization as beneficial for economic growth and reducing poverty. He believes it raises living standards, especially in developing countries, through trade and technology sharing.
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