Why Globalization Works

A bestseller in hardback, this book offers a powerful defence of the global market economy. Martin Wolf explains how globalization works, critiques the charges against it, argues that the biggest obstacle to global economic progress has been the failure not of the market but of governments, and offers a realistic scenario for economic internationalism in the post-9/11 age. For this paperback edition, Wolf provides a new introduction to update the debate. “Let a splendid new book on globalization be the last for a while: it will not be bettered soon …Why Globalization Works is the fullest and most sophisticated treatment to date of the case for globalization. All the topics Wolf addresses have been addressed elsewhere, but never before with such depth of thinking, and in one place …The definitive treatment of the subject, and an absorbing read.” Economist “Accessible and clearly argued …A wealth of material on every page.” Bruce Bartlett, The Wall Street Journal “No one has summarised more coherently the recent, voluminous research …Elegantly and persuasively, Wolf marshals the facts.“
Niall Ferguson, Sunday Telegraph “A necessary and compelling read for all who want to understand the logic of unfolding events.” Robert Skidelsky, New Statesman “Meticulous, well-structured, and persuasive.” Martin Vander Weyer, Spectator

Author Biography

Martin Wolf is associate editor and chief economics commentator at the Financial Times in London. Formerly senior economist at the World Bank’s division for international trade, he has worked in Kenya, Zambia, and India. He has been visiting professor at Oxford, Nottingham, and Rotterdam universities and fellow of the World Economic Forum in Davos, Switzerland.