The Travels of a T-Shirt in the Global Economy

The Travels of a T-Shirt in the Global Economy : An Economist Examines the Markets, Power, and Politics of World Trade. New Preface and Epilogue with Updates on Economic Issues and Main Characters

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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 more

Product details

  • Paperback | 368 pages
  • 152.4 x 226.06 x 27.94mm | 453.59g
  • John Wiley & Sons Inc
  • New York, United States
  • English
  • Revised
  • 2nd Revised edition
  • 1118950143
  • 9781118950142
  • 106,952

About Pietra Rivoli

PIETRA RIVOLI, PHD, is Professor at Georgetown University's McDonough School of Business, where she specializes in international business, finance, and social issues in business. Travels of a T-Shirt has won numerous awards and has been translated into fourteen more

Back cover copy

PRAISE FOR THE TRAVELS OF A T-SHIRT IN THE GLOBAL ECONOMY "Engrossing... [Rivoli] goes wherever the T-shirt goes and there are surprises around every corner....full of memorable characters and vivid scenes." --Time "An engaging and illuminating saga ... Rivoli follows her T-shirt along its route, but that is like saying that Melville follows his whale ... Her nuanced and fair-minded approach is all the more powerful for eschewing the pretense of ideological absolutism, and her telescopic look through a single industry has all the makings of an economics classic." --The New York Times "Rarely is a business book so well written that one would gladly stay up all night to finish it. Rivoli's The Travels of a T-Shirt in the Global Economy is just such a page-turner." --CIO magazine "Succeeds admirably...T-shirts may not have changed the world, but their story is a useful account of how free trade and protectionism certainly have." --Financial Times "A readable and evenhanded treatment of the complexities of world trade... As Rivoli repeatedly makes clear, there is absolutely nothing free about free trade except the slogan." --San Francisco Chronicle "A fascinating exploration of the history, economics, and politics of world trade...The Travels of a T-Shirt in the Global Economy is a thought-provoking yarn that exhibits the ugly, the bad, and the good of globalization, and points to the unintended positive consequences of the clash between proponents and opponents of free trade." --Fort Worth Star-Telegram This second edition includes a revised preface and new epilogue with updates through 2014 on the people, industries, and policies related to the t-shirt's life more

Table of contents

PREFACE ixPROLOGUE xviiPART I KING COTTON 11 How America Has Dominated the Global Cotton Industry for 200 Years 32 The History of American Cotton 93 Back at the Reinsch Farm 244 All God's Dangers Ain't the Subsidies 49PART II MADE IN CHINA 755 Cotton Comes to China 776 The Long Race to the Bottom 927 Sisters in Time 1058 The Unwitting Conspiracy 120PART III TROUBLE AT THE BORDER 1419 Returning to America 14310 Dogs Snarling Together 15611 Perverse Effects and Unintended Consequences of T-Shirt Trade Policy 17112 45 Years of ''Temporary'' Protectionism End in 2009-----Now What? 196PART IV MY T-SHIRT FINALLY ENCOUNTERS A FREE MARKET 21313 Where T-Shirts Go after the Salvation Army Bin 21514 How Small Entrepreneurs Clothe East Africa with Old American T-Shirts 22715 Mitumba: Friend or Foe to Africa? 239CONCLUSION 253EPILOGUE: DEVELOPMENTS 2009---2014 262I: American Cotton Is Still King 262II: The Race to the Bottom Speeds Up 270III: The Alphabet Armies March On 277IV: Competition Heats Up in the Used Clothing Business 282ACKNOWLEDGMENTS 286NOTES 288BIBLIOGRAPHY 310INDEX 335show more

Rating details

1,930 ratings
3.64 out of 5 stars
5 19% (360)
4 41% (788)
3 29% (561)
2 9% (171)
1 3% (50)
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