The Levelling : What's Next After Globalization
Book Details
Format
Hardback or Cased Book
ISBN-10
1541724062
ISBN-13
9781541724068
Publisher
PublicAffairs,U.S.
Imprint
PublicAffairs,U.S.
Country of Manufacture
US
Country of Publication
GB
Publication Date
Jun 27th, 2019
Print length
368 Pages
Weight
754 grams
Dimensions
16.40 x 24.70 x 3.00 cms
Product Classification:
Political science & theory
Ksh 5,200.00
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A brilliant analysis of the transition in world economics, finance, and power as the era of globalization ends and gives way to new power centers and institutions.
A brilliant analysis of the transition in world economics, finance, and power as the era of globalization ends and gives way to new power centers and institutions.
The world is at a turning point similar to the fall of communism. Then, many focused on the collapse itself, and failed to see that a bigger trend, globalization, was about to take hold. The benefits of globalization--through the freer flow of money, people, ideas, and trade--have been many. But rather than a world that is flat, what has emerged is one of jagged peaks and rough, deep valleys characterized by wealth inequality, indebtedness, political recession, and imbalances across the world''s economies.
The world is at a turning point similar to the fall of communism. Then, many focused on the collapse itself, and failed to see that a bigger trend, globalization, was about to take hold. The benefits of globalization--through the freer flow of money, people, ideas, and trade--have been many. But rather than a world that is flat, what has emerged is one of jagged peaks and rough, deep valleys characterized by wealth inequality, indebtedness, political recession, and imbalances across the world''s economies.
These peaks and valleys are undergoing what Michael O''Sullivan calls "the levelling"--a major transition in world economics, finance, and power. What''s next is a levelling-out of wealth between poor and rich countries, of power between nations and regions, of political accountability from elites to the people, and of institutional power away from central banks and defunct twentieth-century institutions such as the WTO and the IMF.
O''Sullivan then moves to ways we can develop new, pragmatic solutions to such critical problems as political discontent, stunted economic growth, the productive functioning of finance, and political-economic structures that serve broader needs.
The Levelling comes at a crucial time in the rise and fall of nations. It has special importance for the US as its place in the world undergoes radical change--the ebbing of influence, profound questions over its economic model, societal decay, and the turmoil of public life.
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