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Archive for the ‘Globalisation’ category

By Philippe Legrain 1 COMMENT

Corporate social responsibility – it seems impossible to be against it: who wants companies to be irresponsible towards society? But words are deceptive. The premise behind CSR – that the profit motive is tainted, global capitalism is leading the world to rack and ruin, and business has a duty to give something back to society […]

Posted 23 Oct 2006 in Blog, Business, Corporate power, Globalisation
By Philippe Legrain 14 COMMENTS

Robert Wade of the LSE wrote an article in July’s issue of Prospect alleging that Globalisation Isn’t Working. I have written a response to this, which is published today on Prospect‘s website, and which I am also publishing on here. Needless to say, globalisation is working. Tweet

Posted 26 Jul 2006 in Blog, Globalisation
By Philippe Legrain 6 COMMENTS

Prospect, August 2006. Contrary to Robert Wade’s arguments, countries that open up their economies tend to prosper. We need to help more of them reap globalisation’s benefits

Posted 26 Jul 2006 in Globalisation, Prospect, Published articles
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Prospect, July 2006. Shareholder capitalism finally makes it into law. And the NGO’s flawed accountability charter shows they don’t practice what they preach

By Philippe Legrain 6 COMMENTS

In a comment on my recent post on the contribution of trade liberalisation to Asia’s success, Jim takes issue with my contention that China and India are very powerful examples of the benefits of liberalisation: before they started their reforms, growth was slow, but as they have opened up their economies, growth has accelerated. He […]

Posted 14 Jun 2006 in Blog, China, Globalisation, India, Trade
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Time is running out for the Doha Round. It’s been said so many times, but this time it really is true. To see why, count back from July 2007. That is when President Bush’s fast-track authority, which forces Congress to vote on trade deals without the possibility of amending them, is due to expire. With […]

Posted 12 Jun 2006 in Blog, Globalisation, Trade
By Philippe Legrain 1 COMMENT

Eleven international NGOs have signed up to a new accountability charter, which says We recognise that transparency and accountability are essential to good governance,whether by governments, businesses or non-profit organisations. Wherever we operate, we seek to ensure that the high standards which we demand of others are also respected in our own organisations… We agree […]

Posted 07 Jun 2006 in Blog, Globalisation, NGOs
By Philippe Legrain 5 COMMENTS

In a thoughtful comment on my recent Doha post, Matthew argues that It is simply not the case that the enormous growth of the Asia tigers is evidence of the efficacy of free trade because most of those economies were protected behind trade barriers and currency controls for most of their development and still are. […]

Posted 05 Jun 2006 in Blog, Globalisation, Trade
By Philippe Legrain 2 COMMENTS

NGOs demand that governments, businesses and international organisations be open and accountable for their actions. Hear, hear. But what about NGOs themselves? The likes of Oxfam and Greenpeace fall far short of the standards on which they rightly insist in others. These self-appointed guardians of global rectitude are scarcely models of transparency and accountability – […]

Posted 04 Jun 2006 in Blog, Globalisation
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Discussing debt relief and third world development with Noreena Hertz on the Today Programme. Listen here

Posted 13 Jun 2005 in BBC Online, Debates, Globalisation, Media, Trade
By Philippe Legrain 1 COMMENT

Many French people rejected the constitution because they regard Brussels as the handmaiden of "ultra-liberal" Anglo-Saxon capitalism, intent on deregulating markets and opening up the French economy to competition. Just look, they say, at the EU’s proposed services directive, which would tear down barriers to trade in services, or at the eastward enlargement of the […]

Posted 01 Jun 2005 in France, Globalisation, Prospect, Published articles
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Globalisation is not perfect, but it is overwhelmingly a force for good. The rapid growth of trade and investment across national borders is spreading greater prosperity and opening up new opportunities to billions of people around the globe. China has recorded the fastest fall in poverty the world has ever seen. Global inequality is now […]

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Ann Pettifor and Philippe Legrain discuss whether globalisation can work for smaller countries

By Philippe Legrain 7 COMMENTS

"Listen man, I smoke, I snort … I’ve been begging on the street since I was just a baby. I’ve cleaned windshields at stoplights. I’ve polished shoes, I’ve robbed, I’ve killed. … I ain’t no kid, no way. I’m a real man." Tweet

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What is the truth about globalisation? Is it a benign force for prosperity or a ruthless engine of injustice?

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Last month, Michael Lind argued that free-trade globalism locks in rich-world advantage and kicks away the ladder. He is wrong.

Posted 01 Feb 2003 in Globalisation, Prospect, Published articles
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Posted 13 Dec 2002 in BBC Online, Globalisation, Media
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Progressive politics ought to be about hope: that we can create a fairer society where everyone can make the most of their potential. Yet the prevailing mood on the left is despair. Globalisation, many believe, is leading the world to rack and ruin – and there is little we can do about it. American-led corporate […]

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Free trade is good for poor countries despite what protesters and protectionists claim. But there is less of it than most people think. Most trade is regional, not global, and next month’s WTO meeting in Doha is unlikely to change that.

Posted 01 Nov 2001 in Globalisation, Prospect, Published articles
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The left must learn to love the World Trade Organisation.