Here the author of "Unfettered Globalization" (1999) provides a
fast-paced primer on how markets contribute to wealth creation by
boosting our natural trading instinct, and how the same markets may
turn dreadful without a minimum of social oversight.
Using simple language and analyses, he debunks the ideological
predilection of the theory of markets, dots the i's and crosses the
t's. He also shows how the international economic institutions have
been corrupted and transformed into markets enforcers, uncovers the
political dimension of "free trade," and exposes the potential
dangers of an uncontrolled international capital market. More
specifically, the author provides a lucid, step-by-step account of
the Asian currency debacle of 1997, and argues that the Argentine
meltdown in 2001, the dot.com and telecom bubbles, and the debt
overhang of developing countries, etc., are simply natural outcomes
of unfettered markets.
This means that globalization cannot be a viable programme in
the absence of a global institution empowered to stabilize, to
control, and to legitimize its outcomes.
General
| Imprint: |
Iuniverse, Inc.
|
| Country of origin: |
United States |
| Release date: |
August 2003 |
| First published: |
August 2003 |
| Authors: |
C-Rene Dominique
|
| Dimensions: |
231 x 155 x 26mm (L x W x T) |
| Format: |
Paperback - Trade
|
| Pages: |
404 |
| ISBN-13: |
978-0-595-28060-5 |
| Categories: |
Books >
Business & Economics >
Business & management >
General
|
| LSN: |
0-595-28060-9 |
| Barcode: |
9780595280605 |
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