Suominen's Book Named One of Best Books of 2011 by Foreign Affairs
Foreign Affairs magazine listed the new book by GMF Fellow Kati Suominen and Gary Clyde Hufbauer as one of the best books of 2011 on Economic, Social, and Environmental Subjects.
The book, titled “Globalization at Risk: Challenges to Finance and Trade,” focuses of the economic effects of globalization in the various dimensions of trade, finance, foreign direct investment, and migration, and was one of only three books chosen in the category.
The authors show that evidence strongly supports the claim that globalization has significantly raised standards of living for ordinary people around the world. But globalization, the authors emphasize, is not automatic; it needs to be nurtured continuously. Reversal is all too possible, especially given the widespread distress and political recrimination that have followed the recent global economic recession. They conclude by recommending policies to maintain globalization, some aimed specifically at the United States and others that will require international collaboration.
A complete list of all the Best International Relations Books of 2011 is available here.