In the context of Estoril Conferences a prize of 70.000 Euros is being awarded to the best book on globalisation. The Estoril Global Issues Distinguished Book Prize is the biggest award in the field of international studies. It is awarded every two years to books which offer outstanding analysis of global issues. The prize honours books which have contributed new and original ways of thinking and which set out clear and topical policy recommendations in this area. The international jury looked for books that offer rigorous and well defended conclusions and that are written in clear and accessible language aimed at wide audiences.
The Estoril Global Issues Distinguished Book Prize is not intended to endorse any particular theoretical analysis or policy agenda. Instead, it seeks to identify a major piece of work which contributes to changing the terms of reference of how we think about global challenges.
The winner of the Estoril Global Issues Distinguished Book Prize 2011 was:
BEITZ, Charles - The Idea of Human Rights
The international doctrine of human rights is one of the most ambitious parts of the settlement of World War II. Since then, the language of human rights has become the common language of social criticism in global political life. This book is a theoretical examination of the central idea of that language, the idea of a human right. In contrast to more conventional philosophical studies, the author takes a practical approach, looking at the history and political practice of human rights for guidance in understanding the central idea.
Charles Beitz is Edwards S. Sanford Professor of Politics at Princeton University and Director of the University Center for Human Values. He's also the former Editor of leading journal Philosophy & Public Affairs. He has written books and articles in global political theory and democratic theory.
The other three finalists were:
KUPCHAN, Charles - How Enemies Become Friends: The Sources of Stable Peace
How Enemies Become Friends provides a bold and innovative account of how nations escape geopolitical competition and replace hostility with friendship. Through compelling analysis and rich historical examples that span the globe and range from the thirteenth century through the present, Charles Kupchan explores how adversaries can transform enmity into amity and he exposes prevalent myths about the causes of peace.
Charles Kupchan is currently a Senior Fellow at the Council on Foreign Relations. He has served as a visiting scholar at several world-renowned research centres and was Director for European Affairs on the National Security Council during the first Clinton administration. He is the author of several books and numerous articles on international and strategic affairs.
RAJAN, Raghuram - Fault Lines: How Hidden Fractures Still Threaten the World Economy
Fault Lines addresses the causes of the recent world financial crisis, arguing that the financial challenges we currently face are due primarily to flaws inherent within the global economic system under which we have been operating. These fault lines are present at all levels of the global economy and are due primarily to inequities entrenched in economic relationships both domestically and abroad, as well as the perpetual short-sightedness of consumers, politicians, and members of the financial service industry.
Raghuram Rajan is the Eric J. Gleacher Distinguished Service Professor of Finance at the University of Chicago’s Booth School of Business. He is also currently an economic advisor to the Prime Minister of India. He was the Economic Counsellor and Director of Research at the International Monetary Fund. His research interests are in banking, corporate finance, and economic development, especially the role finance plays in it.
REINHART, Carment & ROGOFF, Kenneth - This Time is Different: Eight Centuries of Financial Follies
Recent events have left international economies in various states of turmoil and engendered a surge in literature regarding financial crises. In some ways This Time is Different makes the case that the myopia that characterizes this recent wave of literature is the same myopia that was a contributing factor to recent events. Utilizing an ambitiously broad historical approach, the authors examine crises across the span of time and globe, revealing the connections between the financial crises and the alarming consistency and frequency with which they occur.
Carmen Reinhart is Professor of Economics and Director of the Center for International Economics at the University of Maryland. She held positions as Chief Economist and Vice President at the investment bank Bear Stearns and has spent several years at the International Monetary Fund. Reinhart has written and published on a variety of topics in macroeconomics and international finance and trade.
Kenneth Rogoff is the Thomas D. Cabot Professor of Public Policy and Professor of Economics at Harvard University, and has been a Professor of Economics and International Affairs at Princeton University, as well as Economic Counsellor and Director of the Research Department at the International Monetary Fund. He is a frequent commentator for NPR, the Wall Street Journal, and the Financial Times, and serves on national economic advisory boards.
The international jury included:
• David Held (President of the Jury) - Co-Director of the Centre for the Study of Global Governance, London School of Economics and Political Science
• Carlos Lopes - United Nations Assistant Secretary-General and Executive Director of UNITAR and UN Staff College
• Rubens Ricupero - Professor and Former Secretary General of the United Nations Conference on Trade and Development
• Michael Böss - Professor, Aarhus University
• Daniel Drezner - Professor, Fletcher School of Law and Diplomacy, Tufts University
• Bruno Cardoso Reis (Secretary of the Jury) - Professor and Senior Researcher, Institute for Strategic and International Studies (IEEI)