Their methods of dictatorship and tyranny allowed them to control its citizens and their lives. Along the way, this fascinating exploration addresses a wealth of compelling questions about politics, trade, economics, ethics, and the impact of history on today's business landscape.
That's all about politics. This is where the cheap stuff comes from. Hi, I'm from the Treasury Department. The book steers mercifully clear of moralizing. First, this book is just full of interesting facts and stories that even people who follow international trade fairly closely might not know much about: But if free trade isn't a silver bullet, it's something; it's better than nothing.
Moreover, Rivoli presents that most measures of protectionism have actually hindered American industries for the future. And their doing so has negative effects for people outside that particular group. Rich-country agricultural policies are scandalous, and they deserve every bit of righteous indignation that can be thrown their way.
So I think services liberalization is actually a big plus for developing countries. So, first of all, the book is interesting.
And so, again, that's my idea: They are the cotton farmers that I spent time with in Lubbock, Texas, who taught me all about cotton farming.
I'll just mention my favorite, which is that the growth of the North Carolina textile mills in the late s when they were established was driven by sales to China!
Brink Lindsey, our distinguished discussant, is a household name among the trade policy crowd. The notion that there's a fixed pie that China is getting a bigger piece of is an erroneous one.
Anything about services liberalization and the sensitivities there? So it's the number one export from the U. And she was a pretty boring person because if you lived in Maine in the s, pretty much all you did was try to stay alive and, you know, keep your clothes washed once a year and so forth.
They find and embrace an independence that could have never been imagined by their mothers or grandmothers. In fact, the most likely consequence of economic or trade liberalization in the absence of institutional and cultural change is that you are going to get rid of the old state-owned industries that had previously existed under protection and chase their workers back into subsistence agriculture or into the informal sector.
So I view it as an example of the process working rather than not working. She is able to expand on the most complex ideas, such as quotas and tariffs in the textile industry, and still paint a complete picture in the mind of the reader.
She works at a cutting machine in the T-shirt factory—she cuts the fabric before it's sewn. But if you throw away tropical weight clothing in good condition, then it probably goes to Africa.
That shouted question and the assumptions implicit in it stimulated the author's imagination. You don't seem to have mentioned enormous role of companies that are bulk buyers of products and also companies which are involved in the grading and marketing of T-shirts and so on.
Investigate the sources of sustained competitive advantage in different industries Examine the global economic and political forces that explain trade patters between countries Analyze complex moral issues related to globalization and international business Discover the importance of cultural and human elements in international trade This story of a simple product illuminates the many complex issues which businesspeople, policymakers, and global citizens are touched by every day.
Why was the cotton from Texas? Maybe it was premature to phase out the quotas in world trade. In Africa, in particular, free trade or freer trade has allowed ordinary Africans in very poor countries to have access to goods that otherwise they wouldn't be able to buy.
While providing an extensive history lesson about cotton, the politics of free trade, and worldwide Industrial Revolutions, I felt she may have left out a solid chunk of details about China. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.
So I don't see them as competing, and I certainly don't see them as sequential. In this interesting, original approach to the issues of globalization and industrialization, Rivoli shows the economic, political and social forces that come to bear on a T-shirt.
Now, with the end of the quotas, most of those companies that I talked to said that they want to move from 40 to 50 countries down to, you know, six to ten countries. So what China has gained, one could conclude, the Africans have lost.
I wouldn't put the unfair game playing over here and the governance over here. How is that done? Big question number two, which is related, is: Maybe we can turn to the audience now.
I think, just to get around to answering your question and to amplify on what Pietra said, the search for cheap labor costs that goes on over centuries in the textiles industry that she describes brings home a point that I think is quite familiar, which is that the textile industry is frequently the starter industry for industrial takeoff, but it's the starter industry if the conditions are right, that is, if institutions and cultures are there that are congenial to or consistent with market-based economic activity.
As an American living in Texas, this section was literally close to home.Apr 21, · Critical Review of The Travels of a T-Shirt in the Global Economy Pietra Rivoli’s reason for writing The Travels of a T-Shirt in the Global Economy stems from her witnessing a gathering of students at the Georgetown University campus.
Introduction. The book “T-Shirt in a Global Economy: ‘An Economist Examines the Markets, Power, and Politics of World Trade’ by Pietra Rivoli may possibly seem off-putting to scholarly economists habituated to deteriorating equations for reading for relaxation.
77 student Book club: the travels of a t-shirt in the global Economy joy M.
Kozar, ph.d., department of apparel, textiles & Interior design, Kansas state university, usa. The Travels of a T-Shirt in the Global Economy: An Economist Examines the Markets, Power and Politics of World Trade, by Pietra Rivoli, Hoboken: John Wiley and Sons, The lowly T-shirt is an ever-present part of global society.
The Travels of a T-Shirt in the Global Economy; The Travels of a T-Shirt in the Global Economy (eBook) by Pietra Rivoli (Author)Words; Pages. Combining history with insight, humor with good-natured critique, Rodrik’s case for a customizable globalization supported by a light frame of international rules shows the way to a balanced prosperity as we confront today’s global challenges in trade, finance, and labor markets.Download