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Dance of the Trillions
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Dance of the Trillions : Developing Countries and Global Finance

Book Details

Format Paperback / Softback
ISBN-10 0815736746
ISBN-13 9780815736745
Publisher Bloomsbury Publishing Plc
Imprint Brookings Institution
Country of Manufacture GB
Country of Publication GB
Publication Date Aug 14th, 2018
Print length 160 Pages
Weight 252 grams
Dimensions 22.60 x 15.50 x 1.00 cms
Ksh 5,750.00
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Tells the story of what makes money flow from high-income countries to lower-income ones, and what makes it flow out again. David Lubin follows a trajectory from the emergence of petrodollars, global inflation, and the US Federal Reserve in the 1970s; to Latin America's “lost decade” of the ‘80s; to the rise of China in the early 2000s.

In Dance of the Trillions, David Lubin tells the story of what makes money flow from high-income countries to lower-income ones; what makes it flow out again; and how developing countries have sought protection against the volatility of international capital flows. The book traces an arc from the 1970s, when developing countries first gained access to international financial markets, to the present day.

Underlying this story is a discussion of how the relationship between developing countries and global finance appears to be moving from one governed by the “Washington Consensus” to one more likely to be shaped by Beijing.


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