Friday, November 24, 2006

New Book - Making Globalization Work

Joseph Stiglitz
Making Globalization Work
Allen Lane, 2006, 337 STI

Nobel Prize winning economist and an adviser to former President Bill Clinton,
Joseph Stiglitz was another highly acclaimed speaker at the RSA lectures that formed part of this years Edinburgh International Book Festival.

Following up from Stiglitz's bestselling book Globalization and it's discontents, his latest book Making globalization work brings us up to date with the rapid development of globalization in recent years, and provides crucial insights into ways in which globalization can be managed and directed towards the greater good of the world population. Addressing the generally negative public attitude towards globalization, Stiglitz not only reminds us of the many benefits that the developed world enjoys because of globalization, he also asserts the great potential of globalization to benefit all. In order for this to happen changes need to be made; the reform of global institutions such as the UN, the IMF and the Work Bank, as well as the creation of a system for overcoming international financial instability, are just some of the recommendations Stiglitz makes. His overwhelming message is of our need to understand global problems such as third world debt and the threat of global warming, and to address them by thinking and acting as one global community.

In Making globalization work, Stiglitz devotes whole chapters to the subjects of debt in the developing world and global warming, his solution for the later being a common global tax on carbon emissions. In an interview with the Sunday Times newspaper, Stiglitz praises Britain for taking a leading role on tackling climate change. A clear example of this is the success of projects such as the RSA's CarbonLimited, which has already had a significant impact in government and specialist circles, so much so that environment minister David Miliband is involved in the project.

Why not join the likes of David Miliband, Jon Snow, Alex James and RSA Chairman Gerry Acher in calculating your personal carbon emissions by registering with CarbonLimited's CarbonDAQ.

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