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World Scientific Publishing Company Failed Globalisation: Inequality, Money, And The Renaissance Of The State

Name: Failed Globalisation: Inequality, Money, And The Renaissance Of The State
Brand: World Scientific Publishing Company
Price: 70.38 GBP
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Economic Policy & Development

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Description

Globalisation is considered a success story. Following the fall of the Berlin Wall and the dissolution of the political divides between East and West Germany, nothing seemed to stand in the way of peaceful cooperation between people everywhere. Under the precepts of economic liberalism, by removing institutional obstacles to international trade and capital flows, a spontaneous global order would emerge, and the dream of a world populated by free and prosperous global citizens would eventually come true.But in the wake of the worldwide financial crisis that began in 2007–2008, in the world of an ongoing Euro-Crisis, Trump and Brexit, it has become apparent that the great liberal project has failed. Neoclassical liberal economic theory has shown itself to be fundamentally incapable of explaining the dynamics of a market economy and in guiding economic policy in developed as well as in developing countries.Given the continuing dominance of that discredited theory today, the world lacks a viable conceptual framework for global cooperation among nations, and appropriate national economic policies. With this book, the authors show how such a framework can be built on the basis of a modern and empirically sound economic theory.

Product Specifications

Brand: World Scientific Publishing Company
Format: hardcover
ASIN: 9811215758
Category: Books > Subjects > Business, Finance & Law > Economics > Economic Policy & Development
Domain: Amazon UK
Release Date: 27 May 2020
Listed Since: 07 December 2019

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World Scientific Publishing Company Failed Globalisation: Inequality, Money, And The Renaissance Of The State

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