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The New Global Political Economy - From Crisis to Supranational Integration (Hardcover)
Loot Price: R3,025
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The New Global Political Economy - From Crisis to Supranational Integration (Hardcover)
Series: New Directions in Modern Economics series
Expected to ship within 12 - 17 working days
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The 2008 financial crisis is arguably the most dramatic outcome of
globalization. International economic integration, if unregulated,
can bring about huge inequalities and the destruction of the
environment. This thought-provoking book illustrates why the 'old'
international order is unable to provide crucial global public
goods such as monetary and financial stability in the fight against
mass poverty and climate change. The expert authors provide an
in-depth analysis of the causes of the financial crisis and the
political economy measures required to build a safer and more
stable international order. They show how the financial crisis is
deeply rooted in the flaws of the dollar standard and explain why
the dollar and globalization should be considered together to
understand the present challenges. By way of conclusion, the
authors propose the creation of a 'World Eco-Monetary Union' with
the power to regulate the global economy and to promote sustainable
development. The new macroeconomic approach presented contributes
to the development of a more comprehensive supranational political
economy. As such, this challenging book will prove a stimulating
read for academics, researchers and students with an interest in
economics, heterodox economics, and international economics.
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