Binding: Hardcover
Description: Foreign Affairs Best Books of the Year (2023) An epic history of the people and institutions that have built the global economy since the Great Depression. In this vivid landmark history the distinguished economic historian Martin Daunton pulls back the curtain on the institutions and individuals who have created and managed the global economy over the last ninety years revealing how and why one economic order breaks down and another is built. During the Great Depression trade and currency warfare led to the rise of economic nationalism a retreat from globalization that culminated in war. From World War II came a new liberal economic order. Squarely reflecting the interests of the West in the Cold War liberalism faced collapse in the 1970s and was succeeded by neoliberalism financialization and hyper - globalization. Now as leading nations are tackling the fallout from Covid - 19 and threats of inflation food insecurity and climate change Daunton calls for a return to a more just and equitable form of globalization. Western imperial powers have overwhelmingly determined the structures of world economic government often advancing their own self - interests and leading to ruinous resource extraction debt poverty and political and social instability in the Global South. He argues that while our current economic system is built upon the politics of and between the world's biggest economies a future of global recovery and the reduction of economic inequality requires the development of multilateral institutions. Dramatic and revelatory The Economic Government of the World offers a powerful analysis of the origins of our current global crises and a path toward a fairer international order.
Title: The Economic Government Of The World 1933 - 2023
Author(s): Daunton Martin
Publisher: Farrar Straus And Giroux
Barcode: 9780374146412
Pages: 1024 Pages
Language: English
Publication Date: 11/14/2023
Category: Economic History