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The Travels of a T-Shirt in the Global Econo (Paperback)

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Globalization is such an important word today, but as a concept it is sometimes difficult to grasp. What is globalization? Is it political? Economic? Social? All of the above? In TRAVELS OF A T-SHIRT IN THE GLOBAL ECONOMY, Pietra Rivoli, a real-world economist, explains how globalization works using a creative, attention-getting, and informative method: she follows the trail of a hypothetical t-shirt as it moves from its origins as cotton grown in Texas, to China where it is manufactured, to Florida where it is sold, and to its final destination as a secondhand item in Tanzania. Each location along the way is an opportunity for Dr. Rivoli to explain issues of politics and markets, and how they affect everyday people. She explains, for example, America's two-century dominance as grower of cotton, but advises that "history shows that almost all dominance in world markets is temporary and that even the most impressive stories of national industrial victories typically end with sobering postscripts of shifting comparative advantage." Rivoli shows the dominance and shifts brought about by globalization.
The keys to global business success, as taught by a T-shirt's journey

The Travels of a T-Shirt in the Global Economy is a critically-acclaimed narrative that illuminates the globalization debates and reveals the key factors to success in global business. Tracing a T-shirt's life story from a Texas cotton field to a Chinese factory and back to a U.S. storefront before arriving at the used clothing market in Africa, the book uncovers the political and economic forces at work in the global economy. 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. This new printing of the second edition includes a revised preface and a new epilogue with updates through 2014 on the people, industries, and policies related to the T-shirt's life story.

Using a simple, everyday T-shirt as a lens through which to explore the business, economic, moral, and political complexities of globalization in a historical context, Travels encapsulates a number of complex issues into a single identifiable object that will strike a chord with readers as they:

  • 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.

Number of Pages: 347
Genre: Business + Money Management, Political Science
Sub-Genre: International / Economics, International Relations / Trade + Tariffs
Format: Paperback
Publisher: John Wiley & Sons Inc.
Language: English
Street Date: November 24, 2014
TCIN: 16310021
UPC: 9781118950142
Item Number (DPCI): 247-30-8429
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