Summarize the major arguments


Summarize the major arguments put forth in the book No-Nonsense Guide to Globalization as well as incorporating course videos and the many class discussions we've had regarding the "Alphabet Soup" organizations and trade agreements. What are the major arguments/points that Ellwood is making (Chapters 3-7)? How do the trade agreements and IMF/World Bank affect globalization in negative ways for the world's poor? What tricks do economists play to convince us that the system is all set up for the elimination of poverty when, indeed, the opposite has consistently been the outcome? Use this essay to bring Ellwood's book forward, as well as to discuss these macro-governing (WTO, FTAA, NAFTA, etc.) and macro-lending (World Bank, IMF, etc.) institutions.

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