Global Economic Governance: Globalisation and the Financial Crisis


Read by Ngaire Woods, Christina Ward and Jeni Whalen

(4.3 stars; 24 reviews)

University of Oxford Podcasts

Chapters

Introduction to globalisation and the current financial crisis 0:55 Read by Ngaire Woods, Christina Ward and Jeni Whalen
Globalisation and the effect on economies 2:57 Read by Ngaire Woods, Christina Ward and Jeni Whalen
Global Governance and Regulation - why? 8:39 Read by Ngaire Woods, Christina Ward and Jeni Whalen
History of Key Institutions IMF/World Bank/G8/G20 - What Why When? 12:56 Read by Ngaire Woods, Christina Ward and Jeni Whalen
Credit Crunch Global recession why/when/what? 10:26 Read by Ngaire Woods, Christina Ward and Jeni Whalen
What does the Financial Crisis mean for Developing Countries? 3:43 Read by Ngaire Woods, Christina Ward and Jeni Whalen
Globalisation and the Financial Crisis - Summary 2:09 Read by Ngaire Woods, Christina Ward and Jeni Whalen

Reviews

A bit too simplistic


(3 stars)

I get that these are political scientists, but that doesn't exempt them from knowing the economics behind globalization if they are talking about global *economic* governance. One would have the impression that globalization is a trick played on poor countries by rich countries and not essentially a result of new technologies and reduced trade costs, over which governments have very little control unless they are ready to become North Korea. One would also have the impression that globalization harmed poor countries rather than being responsible for raising hundreds of millions out of misery in some of the poorest countries. All in all, this is not a bad introduction to the topic; it is perhaps the political scientists' professional deformation to see all in terms of power relations, ignoring economic processes that are not plotted but occur spontaneously as a result of changed circumstances, and to focus on glitches in the system and minor crises, when the big story is one of unprecedented enrichment.