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The Bridge to a Global Middle Class compiles a unique series of
papers originally commissioned by the Council on Foreign Relations
in the wake of the financial crises of 1997-1998. This
thought-provoking retrospective culls the views of economists,
international financial institutions, Wall Street, organized labor
and varying public-interest organizations on the issue of how to
fortify our global financial infrastructure. Their effort is the
culmination of an 18-month study - The Project on Development,
Trade, and International Finance - that seeks to encourage the
evolution of middle-class oriented economic development in emerging
market countries. In addressing the world economic problems that
led to the crises and examining methods to improve the workings of
the world's financial markets, they offer ideas, policy
recommendations, and suggest the concrete forms these might take,
in the drive to transition the world economy toward strategies that
offer the developing world an improved standard of living.
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