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The Travels of a T-Shirt in the Global Economy : An Economist Examines the Markets, Power, and Politics of World Trade

AUTHOR: Pietra Rivoli
ISBN: 0471648493

SHORT DESCRIPTION: Learn about world trade from a t-shirt in this fascinating, around-the-world tale of a simple product in a highly competitive global marketplace. Over a five-year period, business professor Pietra Rivoli traveled from a Texas cotton field to a...

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         Editorial Review

The Travels of a T-Shirt in the Global Economy : An Economist Examines the Markets, Power, and Politics of World Trade
- Book Review,
by Pietra Rivoli


From Publishers Weekly
During a 1999 protest of the World Trade Organization, Rivoli, an economics professor at Georgetown, looked on as an activist seized the microphone and demanded, "Who made your T-shirt?" Rivoli determined to find out. She interviewed cotton farmers in Texas, factory workers in China, labor champions in the American South and used-clothing vendors in Tanzania. Problems, Rivoli concludes, arise not with the market, but with the suppression of the market. Subsidized farmers, and manufacturers and importers with tax breaks, she argues, succeed because they avoid the risks and competition of unprotected global trade, which in turn forces poorer countries to lower their prices to below subsistence levels in order to compete. Rivoli seems surprised by her own conclusions, and while some chapters lapse into academic prose and tedious descriptions of bureaucratic maneuvering, her writing is at its best when it considers the social dimensions of a global economy, as in chapters on the social networks of African used-clothing entrepreneurs. Copyright © Reed Business Information, a division of Reed Elsevier Inc. All rights reserved.


Review
"...full of memorable characters and vivid scenes..." [and that] "Rivoli excels at making connections." (Time Magazine, March 28, 2005)

"...fascinating exploration of the history, economics and politics of world trade" and "thought provoking." (Fort Worth Star Telegram, March 28, 2005)

" ...readable and evenhanded treatment of the complexities of world trade." (San Francisco Chronicle, March 27, 2005)


Review
"...full of memorable characters and vivid scenes..." [and that] "Rivoli excels at making connections." (Time Magazine, March 28, 2005)

"...fascinating exploration of the history, economics and politics of world trade" and "thought provoking." (Fort Worth Star Telegram, March 28, 2005)

" ...readable and evenhanded treatment of the complexities of world trade." (San Francisco Chronicle, March 27, 2005)


Book Description
The Travels of a T-Shirt in the Global Economy takes the reader on a fascinating, around-the-world journey to reveal the economic and political lessons from the life story of a simple t-shirt. Over five years, business professor Pietra Rivoli traveled from a Texas cotton field to a Chinese factory to a used clothing market in Africa, to investigate compelling questions about the politics, economics, ethics, and history of modern business and globalization. Using the story of the t-shirt to illustrate the major issues of the globalization debate, this uniquely entertaining business book offers a surprising, enlightening, and balanced look at one of the major topics of our time.


From the Inside Flap
In The Travels of a T-Shirt in the Global Economy, business professor Pietra Rivoli takes the reader on a fascinating around-the-world adventure to reveal the life story of her six-dollar T-shirt. Traveling from a West Texas cotton field to a Chinese factory, and from trade negotiations in Washington to a used clothing market in Africa, Rivoli examines international trade through the life story of this simple product. Combining a compelling story with substantive scholarship, Rivoli shows that both globalization's critics and its cheerleaders have oversimplified the world of international trade.

As Rivoli spoke with businesspeople around the world who played a part in her T-shirt's life, she was forced to confront her own assumptions about the political, economic, and ethical effects of globalization. Trained as a classical economist, Rivoli expected the story of her T-shirt to reveal the undeniable benefits of global free trade and the misguided ideas of the anti-globalization movement. Instead, she found that "free markets" usually aren't free; that even the staunchest allies of free trade regularly benefit from its restriction; and that the alleged "victims" of globalization are often its greatest beneficiaries. While the globalization debate remains centered on the perils versus the promise of competitive economic markets, Rivoli finds that the life story of her T-shirt turns as much on power and politics as it does on markets.

The Travels of a T-Shirt in the Global Economy uses a simple T-shirt to reveal the politics and the human side of the globalization debate. Within the fabric of every product are fascinating

businesses, good and bad politics, revealing histories, and especially the hopes and dreams of real people. These people's stories—and the story of the T-shirt that ties them together—present the most nuanced look yet at the economics and politics of globalization.


About the Author
PIETRA RIVOLI, PHD, is Associate Professor at Georgetown University's McDonough School of Business, where she specializes in international business, finance, and social issues in business. She is the author of International Business and has been published in numerous academic journals, including the Journal of International Business Studies, the Journal of Business Ethics, Business Ethics Quarterly, and the Journal of Money, Credit and Banking.


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         Book Review

The Travels of a T-Shirt in the Global Economy : An Economist Examines the Markets, Power, and Politics of World Trade
- Book Reviews,
by Pietra Rivoli

The Travels of a T-Shirt in the Global Economy: An Economist Examines the Markets, Power and Politics of World Trade

FROM THE PUBLISHER

"In The Travels of a T-Shirt in the Global Economy, business professor Pietra Rivoli takes the reader on an around-the-world adventure to reveal the life story of her six-dollar T-shirt. Traveling from a West Texas cotton field to a Chinese factory, and from trade negotiations in Washington to a used clothing market in Africa, Rivoli examines international trade through the life story of this simple product. Combining a compelling story with substantive scholarship, Rivoli shows that both globalization's critics and its cheerleaders have oversimplified the world of international trade." The Travels of a T-Shirt in the Global Economy uses a simple T-shirt to reveal the politics and the human side of the globalization debate. Within the fabric of every product are fascinating businesses, good and bad politics, revealing histories, and especially the hopes and dreams of real people. These people's stories - and the story of the T-shirt that ties them together - present the most nuanced look yet at the economics and politics of globalization.

FROM THE CRITICS

Publishers Weekly

During a 1999 protest of the World Trade Organization, Rivoli, an economics professor at Georgetown, looked on as an activist seized the microphone and demanded, Who made your T-shirt? Rivoli determined to find out. She interviewed cotton farmers in Texas, factory workers in China, labor champions in the American South and used-clothing vendors in Tanzania. Problems, Rivoli concludes, arise not with the market, but with the suppression of the market. Subsidized farmers, and manufacturers and importers with tax breaks, she argues, succeed because they avoid the risks and competition of unprotected global trade, which in turn forces poorer countries to lower their prices to below subsistence levels in order to compete. Rivoli seems surprised by her own conclusions, and while some chapters lapse into academic prose and tedious descriptions of bureaucratic maneuvering, her writing is at its best when it considers the social dimensions of a global economy, as in chapters on the social networks of African used-clothing entrepreneurs. Agent, Tom Power. (Apr.)Correction: The agent for Stephen Buchmann's Letters from the Hive (Forecasts, Mar. 7) is Judith Riven. Copyright 2005 Reed Business Information.


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