The Travels of a T-Shirt in the Global Economy
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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. New Preface and Epilogue with Updates on Economic Issues and Main Characters

3.66 (2,044 ratings by Goodreads)
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Description

The keys to global business success, as taught by a T-shirt'sjourney The Travels of a T-Shirt in the Global Economy is acritically-acclaimed narrative that illuminates the globalizationdebates and reveals the key factors to success in global business.Tracing a T-shirt's life story from a Texas cotton field to aChinese factory and back to a U.S. storefront before arriving atthe used clothing market in Africa, the book uncovers the politicaland economic forces at work in the global economy. Along the way, this fascinating exploration addresses a wealth of compellingquestions about politics, trade, economics, ethics, and the impactof history on today's business landscape. This new printing of thesecond edition includes a revised preface and a new epilogue withupdates through 2014 on the people, industries, and policiesrelated to the T-shirt's life story.

Using a simple, everyday T-shirt as a lens through which toexplore the business, economic, moral, and political complexitiesof globalization in a historical context, Travelsencapsulates a number of complex issues into a single identifiableobject that will strike a chord with readers as they:



Investigate the sources of sustained competitive advantage indifferent industries
Examine the global economic and political forces that explaintrade patters between countries
Analyze complex moral issues related to globalization andinternational business
Discover the importance of cultural and human elements ininternational trade

This story of a simple product illuminates the many complexissues which businesspeople, policymakers, and global citizens aretouched by every day.
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Product details

  • Paperback | 368 pages
  • 153 x 228 x 27mm | 432g
  • New York, United States
  • English
  • 2nd Edition
  • 1118950143
  • 9781118950142
  • 180,353

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Back cover copy

PRAISE FOR THE TRAVELS OF A T-SHIRT IN THE GLOBALECONOMY

"Engrossing... [Rivoli] goes wherever the T-shirt goes andthere are surprises around every corner....full of memorablecharacters and vivid scenes."
--Time

"An engaging and illuminating saga ... Rivoli follows herT-shirt along its route, but that is like saying that Melvillefollows his whale ... Her nuanced and fair-minded approach isall the more powerful for eschewing the pretense of ideologicalabsolutism, and her telescopic look through a single industry hasall the makings of an economics classic."
--The New York Times

"Rarely is a business book so well written that one would gladlystay up all night to finish it. Rivoli's The Travels of aT-Shirt in the Global Economy is just such apage-turner."
--CIO magazine

"Succeeds admirably...T-shirts may not have changed theworld, but their story is a useful account of how free trade andprotectionism certainly have."
--Financial Times

"A readable and evenhanded treatment of the complexities ofworld trade... As Rivoli repeatedly makes clear, there isabsolutely nothing free about free trade except the slogan."
--San Francisco Chronicle

"A fascinating exploration of the history, economics, andpolitics of world trade...The Travels of a T-Shirt in theGlobal Economy is a thought-provoking yarn that exhibits theugly, the bad, and the good of globalization, and points to theunintended positive consequences of the clash between proponentsand opponents of free trade."
--Fort Worth Star-Telegram

This second edition includes a revised preface and new epiloguewith updates through 2014 on the people, industries, and policiesrelated to the t-shirt's life story.
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Table of contents

PREFACE ix

PROLOGUE xvii

PART I KING COTTON 1

1 How America Has Dominated the Global Cotton Industry for 200 Years 3

2 The History of American Cotton 9

3 Back at the Reinsch Farm 24

4 All God?s Dangers Ain?t the Subsidies 49

PART II MADE IN CHINA 75

5 Cotton Comes to China 77

6 The Long Race to the Bottom 92

7 Sisters in Time 105

8 The Unwitting Conspiracy 120

PART III TROUBLE AT THE BORDER 141

9 Returning to America 143

10 Dogs Snarling Together 156

11 Perverse Effects and Unintended Consequences of T-Shirt Trade Policy 171

12 45 Years of ??Temporary?? Protectionism End in 2009-----Now What? 196

PART IV MY T-SHIRT FINALLY ENCOUNTERS A FREE MARKET 213

13 Where T-Shirts Go after the Salvation Army Bin 215

14 How Small Entrepreneurs Clothe East Africa with Old American T-Shirts 227

15 Mitumba: Friend or Foe to Africa? 239

CONCLUSION 253

EPILOGUE: DEVELOPMENTS 2009---2014 262

I: American Cotton Is Still King 262

II: The Race to the Bottom Speeds Up 270

III: The Alphabet Armies March On 277

IV: Competition Heats Up in the Used Clothing Business 282

ACKNOWLEDGMENTS 286

NOTES 288

BIBLIOGRAPHY 310

INDEX 335
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About Pietra Rivoli

PIETRA RIVOLI, PHD, is Professor atGeorgetown University's McDonough School of Business, where shespecializes in international business, finance, and social issuesin business. Travels of a T-Shirt has won numerous awardsand has been translated into fourteen languages.
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Rating details

2,044 ratings
3.66 out of 5 stars
5 19% (394)
4 41% (837)
3 29% (590)
2 9% (174)
1 2% (49)
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