A Stream of Windows: Unsettling Reflections on Trade, Immigration, and Democracy
Average customer rating: 5 out of 5 stars
  • Ice-dancing on an iceberg
  • A well-presented exposition on free trade
A Stream of Windows: Unsettling Reflections on Trade, Immigration, and Democracy
Jagdish Bhagwati
Manufacturer: The MIT Press
ProductGroup: Book
Binding: Paperback

Exports & ImportsExports & Imports | Economics | Business & Investing | Subjects | Books
InternationalInternational | Economics | Business & Investing | Subjects | Books
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ASIN: 0262522659

Amazon.com

Columbia professor Jagdish Bhagwati envisions himself as part of a tradition of economists taking part in public-policy advocacy that includes such luminaries as John Maynard Keynes, Milton Friedman, and Paul Samuelson. He also firmly believes that part of the price that tenured academics pay for their job security is the obligation to speak out on the issues, "to break ranks, to cut through the fog of obfuscations that attends the politics of policymaking, to call a spade a spade, to say 'oh, bunk!' when necessary, and to propose policies and advance agendas that reflection and analysis lead one to believe is good and beneficial, even when they appear outlandish now and will bring one neglect, at best, and opprobrium, at worst." A Stream of Windows is a collection of op-ed pieces, book reviews, and magazine articles--culled from publications such as the New York Times, the Wall Street Journal, the New Republic, and American Enterprise, among others--in which Bhagwati advances his arguments for democratic governments whose economic borders are opened to trade and immigration. Among the highlights are 10 pieces in which he surveys the Clinton administration's economic policy toward Japan. Anyone interested in economic policy at the international level will find food for thought within these pages.

Book Description

Winner of the 1998 Eccles Prize for Excellence in Economic Writing

A Stream of Windows offers a selection of Jagdish Bhagwati's recent policy writings, in which he forcefully opposes the demonization of Japan, challenges the bipartisan bashing of illegal immigrants, refutes the conventional view that democracy hinders development, and much more.

Customer Reviews:

5 out of 5 stars Ice-dancing on an iceberg.......2002-08-11

This man is an intellectual dynamo. Bhagwati says that as an academic his public articles have to be merely the tip of the iceberg (his words) representing the years of careful model-building and thought. If the articles in this compilation are the tip, we should be awed at the prospect of the iceberg. And his style isn't stilted , it is ice-dancing on top of the iceberg.

Can protectionism be justified , either as a first-best or as a second-best policy?

Is there any truth behind the allegation that the Japanese system is rigged to preclude foreign competition?

Is trade responsible for the plight of the unskilled Western proletariat? Or is technological change the major causal factor? Is the average price of labor-intensive goods actually rising or falling in the free-trade world? Bhagwati says" The pressure on the wages at the bottom is overwhelmingly due to domestic technical change; the job insecurity in the middle and at the top is primarily due to the Global Age. "

Does the new "blue" and "green" protectionism pass intellectual scrutiny? Is the "fair trade before free trade" slogan as morally sharp as it appears, or does it fail to consider all moral alternatives?

Does growth lead to deteriorating environment? Or is this sloppy thinking unsupported by empirical data? What does the data say?

Will free trade lead to a "race to the bottom" in environmental standards? Or will the rising consciousness about environmentalism throughout the world , even in poor countries like India(with an environment-friendly Supreme Court, for instance) , prevent such a thing? In other words, is the "race to the bottom" a mere theoretical possibility or a real practical danger? Will countries really lower environmental standards drastically to reduce cost of business? Or will other factors like tax incentives dominate over environmental regulation during investment decisions, thereby leaving the "race to the bottom" a mere theoretical fear ? Similarly will there be a real as opposed to a theoretical race to the bottom regarding labor standards?

Does it make sense to prescribe "one size fits all" enviro standards for different countries in different stages of development, like less developed countries ? Or uniform labor standards? Would many other countries then be right in demanding that the US, where worker and union protections are really weak, should pass different labor laws than it has at the moment? Should countries at a level of development of the US at the beginning of the 20th century be forced to adopt enviro and labor standards that weren't adopted in the West until recently? As Bhagwati says in the book " Mexico has a greater social incentive than does the United States to spend an extra dollar preventing dysentery rather than reducing lead in gasoline ".

Two quotes from the book

"Environmentalists have cause for concern. Not all concerns are legitimate, however, and not all the solutions to legitimate concerns are sensible. "

"It is surely tragic that the proponents of two of the great causes of the 1990s, trade and the environment, should be locked in combat. The conflict is largely gratuitous. There are at times philosophical differences between the two that cannot be reconciled, as when some environmentalists assert nature's autonomy, whereas most economists see nature as a handmaiden to humankind. For the most part, however, the differences derive from misconceptions. It is necessary to dissect and dismiss the more egregious of these fallacies before addressing the genuine problems."

Bhagwati also punctures "zero-sum" win-lose scary movies of globalization , not just by pointing to the win-win nature of trade based on comparative advantage analysis, but also by pointing to fallacies underlying arguments that call for promoting so called "high value-added" industries.

Discussions of globalization often founder on ideological rocks, and cool dispassionate analysis is short in coming. If one is to carry away one message from this book, it is that trade does not have to be viewed through "left-wing" or "right-wing" glasses. Cool-headed analysis is called for on an instrument that has the potential for doing do much good to so many. Another lesson to carry away from this book, I think, is that "free trade" is not some knee-jerk accompaniment to "free markets" , so that everytime you say one , you also say the other - the case for free trade is based on careful analysis based on comparative advantage. Redistributive effects of trade , like hurting unskilled workers in one country at the expense of skilled workers in the same country, are a theoretical possibility. Only empirircal data can show if this effect is large , or small and swamped by other effects like technology.

In a world where we are innundated with books by some "expert" or the other mouthing his or her own analysis of the globalized world, as a layman I would much rather trust this TIP OF THE ICEBERG backed by solid academic thinking.

5 out of 5 stars A well-presented exposition on free trade.......2000-04-01

In this book, the prominent trade economist Jagdish Bhagwati examines a wide range of issues on mutlilateral trade and international economics. A strong advocate of free trade and democracy, Bhagwati has presented a conscientious "stream" of strong arguments against protectionism. His previous experience with the then GATT has added further strength and flavour to his arguments. What is more - Bhagwati's writing is clear, succinct and yet highly entertaining - the essays are short proses aiming at the general public. An excellent collection of essays for readers who are interested in international trade policy issues but not professionally trained in economics. Highly recommended.
A Stream of Windows: Unsettling Reflections on Trade, Immigration, and Democracy
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    A Stream of Windows: Unsettling Reflections on Trade, Immigration, and Democracy
    Jagdish Bhagwati
    Manufacturer: Oxford University Press, Incorporated
    ProductGroup: Book
    Binding: Hardcover
    ASIN: 0195650484
    A Stream of Windows.(Review) (book review): An article from: Finance & Development
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      A Stream of Windows.(Review) (book review): An article from: Finance & Development
      Lynn Aylward
      Manufacturer: International Monetary Fund
      ProductGroup: Book
      Binding: Digital

      GeneralGeneral | Business & Investing | Subjects | Books
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      ASIN: B0008HAY5Q
      Release Date: 2005-07-28

      Book Description

      This digital document is an article from Finance & Development, published by International Monetary Fund on June 1, 2000. The length of the article is 814 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

      Citation Details
      Title: A Stream of Windows.(Review) (book review)
      Author: Lynn Aylward
      Publication: Finance & Development (Magazine/Journal)
      Date: June 1, 2000
      Publisher: International Monetary Fund
      Volume: 37 Issue: 2 Page: 54

      Article Type: Book Review

      Distributed by Thomson Gale
      A Stream of Windows: Unsettling Reflections on Trade, Immigration, and Democracy
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        A Stream of Windows: Unsettling Reflections on Trade, Immigration, and Democracy
        Jagdish Bhagwati
        Manufacturer: The MIT Press
        ProductGroup: Book
        Binding: Paperback
        ASIN: B000OQW3S2

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                  Citation Details
                  Title: WHANAKE RANGATAHI: PROGRAMMES AND SERVICES TO ADDRESS MAORI YOUTH OFFENDING.
                  Author: Victoria Owen
                  Publication: Social Policy Journal of New Zealand (Refereed)
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                                                    GlobalizationGlobalization | Politics | Nonfiction | Subjects | Books
                                                    CollegeCollege | By Level | Education | Professional & Technical | Subjects | Books
                                                    GeneralGeneral | Education | Professional & Technical | Subjects | Books
                                                    All Amazon UpgradeAll Amazon Upgrade | Amazon Upgrade | Stores | Books
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                                                    All TitlesAll Titles | Qualifying Textbooks - Fall 2007 | Stores | Books
                                                    ASIN: 1402018622

                                                    Book Description

                                                    This volume analyzes the emerging relationship between trade liberalisation, post-industrialisation, and higher education policy in Canada, Mexico, and the USA. In separate case studies, the authors analyze higher education policy in Canada, Mexico, and the USA using a common theoretical framework that identifies economic globalisation, international trade liberalisation, and post-industrialisation as common structural factors exerting a significant, if often indirect, influence on higher education in the three countries. This study - the result of trilateral co-operation between three scholars in Canada, Mexico, and the USA - is the first effort to document the extent of NAFTA's impact on higher education. It is of interest to university professors working in higher education, economics, and political science; professionals and researchers in higher education associations, and non-governmental organizations involved in higher education policy. This text can also be used as a supplemental text in graduate courses on higher education policy and administration or courses on international higher education.
                                                    Assessing the Environmental Effects of Trade Liberalisation Agreements: Methodologies (Oecd Proceedings)
                                                    Average customer rating: Not rated
                                                      Assessing the Environmental Effects of Trade Liberalisation Agreements: Methodologies (Oecd Proceedings)
                                                      Organisation for Economic Co-Operation and Development
                                                      Manufacturer: Organization for Economic
                                                      ProductGroup: Book
                                                      Binding: Paperback

                                                      Labor & Industrial RelationsLabor & Industrial Relations | Economics | Business & Investing | Subjects | Books
                                                      GeneralGeneral | Business & Investing | Subjects | Books
                                                      GeneralGeneral | Real Estate | Business & Investing | Subjects | Books
                                                      Industrial RelationsIndustrial Relations | Industries & Professions | Business & Investing | Subjects | Books
                                                      GeneralGeneral | Politics | Nonfiction | Subjects | Books
                                                      Labor & Industrial RelationsLabor & Industrial Relations | Politics | Nonfiction | Subjects | Books
                                                      ASIN: 9264171908
                                                      China's Relations With Japan in an Era of Economic Liberalisation
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                                                        China's Relations With Japan in an Era of Economic Liberalisation
                                                        Dong Dong Zhang
                                                        Manufacturer: Nova Science Publishers
                                                        ProductGroup: Book
                                                        Binding: Hardcover

                                                        InternationalInternational | Economics | Business & Investing | Subjects | Books
                                                        GeneralGeneral | Business & Investing | Subjects | Books
                                                        GeneralGeneral | Politics | Nonfiction | Subjects | Books
                                                        RelationsRelations | International | Politics | Nonfiction | Subjects | Books
                                                        GeneralGeneral | Political Science | Social Sciences | Nonfiction | Subjects | Books
                                                        Finance & InvestingFinance & Investing | Finance | International | Accounting & Finance | Professional & Technical | Subjects | Books
                                                        All TitlesAll Titles | Qualifying Textbooks - Fall 2007 | Stores | Books
                                                        ASIN: 1560726253

                                                        Book Description

                                                        The main purpose of this study is to explore the influence of reform on changes in China's economic relations with Japan after the late 1970s. There are three reasons for investigating the links between Chinese reform and bilateral economic relations at this particular juncture in history. First, in the past two decades reform has meant that China has enjoyed faster economic growth than Japan. This has transformed the pattern of bilateral economic relations, hitherto characterised by an industrial Japanese economy and a resource-based Chinese economy, a result of Japan's successful industrialisation and China's failure to industrialise in the previous hundred years. Second, reform has brought about the deepening of interdependence between the Chinese economy and the world economy. Through links with the world economy, the Chinese economy has not only come to rely on foreign countries for technology, capital, markets and management skills, but has itself become a growth pole, exerting a strong impact on world economic growth. In the reform era, economic relations between China and Japan have been woven into regional and global economic networks of trade and investment. Third, reform has transformed the management of China's domestic and external economic activities. As a centrally planned economy in the pre-reform era, the Chinese government set the agenda for and shaped the direction of economic relations with foreign countries. Market-oriented reform means that China's economic relations with Japan are now based on the comparative advantage of both countries rather than the Chinese, or Japanese, government's state plan.
                                                        Economic and Political Liberalisation (The Political Economy of the Middle East, Volume 4)
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                                                          Economic and Political Liberalisation (The Political Economy of the Middle East, Volume 4)

                                                          Manufacturer: Edward Elgar Pub
                                                          ProductGroup: Book
                                                          Binding: Hardcover

                                                          GeneralGeneral | Popular Economics | Business & Investing | Subjects | Books
                                                          InternationalInternational | Economics | Business & Investing | Subjects | Books
                                                          GeneralGeneral | Business & Investing | Subjects | Books
                                                          ASIN: 1858989388
                                                          Economic Liberalisation in India: Views of Dutch and Indian Journalists
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                                                            Economic Liberalisation in India: Views of Dutch and Indian Journalists

                                                            Manufacturer: Amsterdam University Press
                                                            ProductGroup: Book
                                                            Binding: Paperback

                                                            Economic Policy & DevelopmentEconomic Policy & Development | Economics | Business & Investing | Subjects | Books
                                                            GeneralGeneral | Popular Economics | Business & Investing | Subjects | Books
                                                            GeneralGeneral | Business & Investing | Subjects | Books
                                                            ASIN: 9053560629
                                                            Globalisation and International Trade Liberalisation: Continuity and Change (Elgar Monographs)
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                                                              Globalisation and International Trade Liberalisation: Continuity and Change (Elgar Monographs)

                                                              Manufacturer: Edward Elgar Publishing
                                                              ProductGroup: Book
                                                              Binding: Hardcover

                                                              Exports & ImportsExports & Imports | Economics | Business & Investing | Subjects | Books
                                                              GeneralGeneral | Popular Economics | Business & Investing | Subjects | Books
                                                              GeneralGeneral | International | Business & Investing | Subjects | Books
                                                              GeneralGeneral | Politics | Nonfiction | Subjects | Books
                                                              RelationsRelations | International | Politics | Nonfiction | Subjects | Books
                                                              All TitlesAll Titles | Qualifying Textbooks - Fall 2007 | Stores | Books
                                                              ASIN: 1840643501
                                                              Insurance Regulation, Liberalisation and Financial Convergence (Policy Issues in Insurance N3)
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                                                                Insurance Regulation, Liberalisation and Financial Convergence (Policy Issues in Insurance N3)
                                                                Organisation for Economic Co-Operation and Development
                                                                Manufacturer: OECD
                                                                ProductGroup: Book
                                                                Binding: Paperback

                                                                Economic Policy & DevelopmentEconomic Policy & Development | Economics | Business & Investing | Subjects | Books
                                                                GeneralGeneral | Politics | Nonfiction | Subjects | Books
                                                                RelationsRelations | International | Politics | Nonfiction | Subjects | Books
                                                                Federal GovernmentFederal Government | Levels of Government | Political Science | Social Sciences | Nonfiction | Subjects | Books
                                                                All TitlesAll Titles | Qualifying Textbooks - Fall 2007 | Stores | Books
                                                                ASIN: 9264186948
                                                                Liberalisation of International Insurance Operations: Cross-border Trade and Establishment of Foreign Branches
                                                                Average customer rating: Not rated
                                                                  Liberalisation of International Insurance Operations: Cross-border Trade and Establishment of Foreign Branches

                                                                  Manufacturer: Org. for Economic Cooperation & Development
                                                                  ProductGroup: Book
                                                                  Binding: Paperback

                                                                  GeneralGeneral | Popular Economics | Business & Investing | Subjects | Books
                                                                  GeneralGeneral | Insurance | Industries & Professions | Business & Investing | Subjects | Books
                                                                  GeneralGeneral | Politics | Nonfiction | Subjects | Books
                                                                  RelationsRelations | International | Politics | Nonfiction | Subjects | Books
                                                                  FrenchFrench | Foreign Language Nonfiction | Nonfiction | Subjects | Books
                                                                  NonfictionNonfiction | French | Foreign Language Books | Specialty Stores | Books
                                                                  All French BooksAll French Books | French | Foreign Language Books | Specialty Stores | Books
                                                                  ASIN: 926405846X

                                                                  Book Description

                                                                  This publication provides a unique overview and analysis of the main measures and practices which affect international insurance operations in OECD countries. The survey focuses in particular on main insurance fields where obstacles to a full liberalis
                                                                  Political and Economic Liberalisation in Zambia 1991-2001
                                                                  Average customer rating: Not rated
                                                                    Political and Economic Liberalisation in Zambia 1991-2001
                                                                    Lise Rakner
                                                                    Manufacturer: Nordic Africa Institute
                                                                    ProductGroup: Book
                                                                    Binding: Paperback

                                                                    GeneralGeneral | Politics | Nonfiction | Subjects | Books
                                                                    Practical PoliticsPractical Politics | Politics | Nonfiction | Subjects | Books
                                                                    GlobalizationGlobalization | Politics | Nonfiction | Subjects | Books
                                                                    GeneralGeneral | Freedom & Security | Politics | Nonfiction | Subjects | Books
                                                                    International SecurityInternational Security | Freedom & Security | Politics | Nonfiction | Subjects | Books
                                                                    GeneralGeneral | Political Science | Social Sciences | Nonfiction | Subjects | Books
                                                                    ASIN: 9171065067

                                                                    Book Description

                                                                    This book analyses the implementation of political and eco-nomic liberalization in Zambia during the first two election periods (1991–2001). Focusing on the negotiations between government and the key domestic interest groups, as well as the dialogues between the MMD government and the international donor community, the book argues that despite a disastrous socio-economic record, the processes of political and economic liberalization proceeded concomitantly without seriously affecting or undermining each other. Contrary to expectations linked both to the political and economic reform processes, executive dominance increased in Zambia in the 1990s. Stressing continuity rather than change, the analysis of Zambia’s reform processes suggests that the practices of patronage politics associated with authoritarian regimes are compatible with processes of political and economic liberalization.
                                                                    Protectionism and Liberalisation: Ireland and the Eec, 1957 to 1966
                                                                    Average customer rating: Not rated
                                                                      Protectionism and Liberalisation: Ireland and the Eec, 1957 to 1966
                                                                      Maurice Fitzgerald
                                                                      Manufacturer: Ashgate Publishing
                                                                      ProductGroup: Book
                                                                      Binding: Hardcover

                                                                      Economic HistoryEconomic History | Economics | Business & Investing | Subjects | Books
                                                                      Exports & ImportsExports & Imports | Economics | Business & Investing | Subjects | Books
                                                                      GeneralGeneral | Business & Investing | Subjects | Books
                                                                      GeneralGeneral | Europe | History | Subjects | Books
                                                                      20th Century20th Century | England | Europe | History | Subjects | Books
                                                                      GeneralGeneral | Ireland | Europe | History | Subjects | Books
                                                                      GeneralGeneral | Politics | Nonfiction | Subjects | Books
                                                                      History & TheoryHistory & Theory | Politics | Nonfiction | Subjects | Books
                                                                      ASIN: 0754614565

                                                                      Bahamas Business & Investment Opportunities Yearbook
                                                                      Average customer rating: Not rated
                                                                        Bahamas Business & Investment Opportunities Yearbook
                                                                        USA International Business Publications
                                                                        Manufacturer: Intl Business Pubns USA
                                                                        ProductGroup: Book
                                                                        Binding: Paperback

                                                                        Exports & ImportsExports & Imports | Economics | Business & Investing | Subjects | Books
                                                                        GeneralGeneral | Business & Investing | Subjects | Books
                                                                        GeneralGeneral | Investing | Business & Investing | Subjects | Books
                                                                        ASIN: 0739747118

                                                                        Book Description

                                                                        This yearbook contains basic information on export-import, investment and business opportunities in the respected country. Provides information on government structure, economy, business climate, regulations, and more... Includes basic statistics, information on the most important business contacts and business travel. Updated annually.
                                                                        Bahamas Business and Investment Opportunities Yearbook (Global Investment and Business Library)
                                                                        Average customer rating: Not rated
                                                                          Bahamas Business and Investment Opportunities Yearbook (Global Investment and Business Library)

                                                                          Manufacturer: Intl Business Pubns USA
                                                                          ProductGroup: Book
                                                                          Binding: Paperback

                                                                          Exports & ImportsExports & Imports | Economics | Business & Investing | Subjects | Books
                                                                          GeneralGeneral | Business & Investing | Subjects | Books
                                                                          GeneralGeneral | Investing | Business & Investing | Subjects | Books
                                                                          ASIN: 0739775863
                                                                          Bahamas Investment & Business Opportunities Yearbook (World Investment & Business Opportunities Library)
                                                                          Average customer rating: Not rated
                                                                            Bahamas Investment & Business Opportunities Yearbook (World Investment & Business Opportunities Library)
                                                                            USA International Business Publications
                                                                            Manufacturer: International Business Publications, USA
                                                                            ProductGroup: Book
                                                                            Binding: Library Binding
                                                                            ASIN: 073971211X

                                                                            Book Description

                                                                            This yearbook contains information on investment business opportunities, international economic projects, tenders, government projects, marketing and export-import opportunities information.

                                                                            Books:

                                                                            1. Adam Smith: Selected Philosophical Writings (Library of Scottish Philosophy)
                                                                            2. Advances in Economics and Econometrics: Theory and Applications, Eighth World Congress (Econometric Society Monographs)
                                                                            3. America by Design: Science, Technology, and the Rise of Corporate Capitalism (Galaxy Books)
                                                                            4. Beyond Capital: Marx's Political Economy of the Working Class
                                                                            5. Bioregionalism And Civil Society: Democratic Challenges to Corporate Globalism (Sustainability and the Environment Series)
                                                                            6. Boss Talk: Top Ceos Share the Ideas That Drive the World's Most Successful Companies
                                                                            7. Capitalism Unleashed: Finance, Globalization, and Welfare
                                                                            8. Chairman of the Board: A Practical Guide
                                                                            9. Chinese Citizenship: Views From the Margins (Routledgecurzon Studies on the Chinese Economy)
                                                                            10. Collected Papers of Kenneth J. Arrow, Volume 2, General Equilibrium (Collected Papers of Kenneth J. Arrow)

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