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• If Wal-Mart were an independent nation, it would rank as China’s fifth-largest export market
• Air pollution from Mexican manufacturing nearly doubled during NAFTA’s first four years
• Since 1968, worldwide employment at the top ten U.S. manufacturing firms dropped 28%, while sales climbed 133%
• In 2003, the wealth of the world’s 587 billionaires ($1.9 trillion) is greater than the combined incomes of the poorest half of humanity
–WILLIAM GREIDER, AUTHOR OF ONE WORLD, READY OR NOT
This fully updated and expanded second edition of The Field Guide to the Global Economy presents the latest facts to help make sense of the rapidly changing international economy. Illustrated throughout with charts, graphs, and cartoons, the book documents new trends, including the foreign “outsourcing” of U.S. service jobs, as well as the increasing influence of mega-firms like Wal-Mart and labor union–free China on workers around the globe.
Published in conjunction with the Institute for Policy Studies, an independent research institute based in Washington, D.C., this accessible guide explains how global institutions such as the World Bank, International Monetary Fund, World Trade Organization, and North American Free Trade Agreement affect communities, workers, the poor, and the environment. The book dispels the widely disseminated propaganda about current globalization policies and provides an update on the burgeoning movement that is challenging them, from Bolivian water warriors to U.S. student anti-sweatshop activists.
Sarah Anderson, director of IPS’s Global Economy Project, sits on the Alliance for Responsible Trade steering committee. John Cavanagh, director of IPS, was formerly an economist at the UN Conference on Trade and Development and the World Health Organization. Thea Lee is assistant director for international economics at the AFL-CIO’s Public Policy Department. All live in Washington, D.C.
Spring 2005
paperback
7 1/2 x 9 1/4, 160 pages
978-1-56584-956-3

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