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9781842776377: The Resistible Rise of Market Fundamentalism: Rethinking Development Policy in an Unbalanced World
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In this empirically grounded analysis of the world economy during the past 20 years, two eminent economists focus on trade, financial flows and foreign direct investment. They find that the economic forces presumed to be crucial for spreading the benefits of globalization have been less than global, much weaker than predicted, and carry potentially damaging effects as well as benefits. Future negotiation depends not on whether the globalization agenda should be extended to new issues, but whether trust in the existing rules can be restored by applying them more fairly

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About the Author:
Richard Kozul-Wright is Senior Economic Affairs Officer, United Nations Conference on Trade and Development (UNCTAD). Paul Rayment is Director of Economic Analysis at the Commission for Europe of the United Nations.
Review:
'The Resistible Rise of Market Fundamentalism is one of the more intelligent and better-informed books about globalisation published so far. Mixing historical details with a strong grasp of the contemporary data, its commonsense political economy approach casts a clear light on the biases and asymmetries in todays globalisation process, challenges the neo-liberal dogma that there are no economic policy choices left to be made and boldly sets out the case for alternative development strategies. Read it if you really want to understand what is going on in the world economy.' Ha-Joon Chang, University of Cambridge 'An incisive critique of orthodoxy and timely reminder of what development is all about' Thandika Mkandawire, United Nations Research Institute for Social Development (UNRISD) 'An insightful, timely and very welcome contribution to the ongoing debate on how to bring about a more equitable and balanced international economic order.' Rubens Ricupero, Fundacao Armando Alvarez Penteado, Sao Paulo, formerly Secretary-General of UNCTAD

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  • PublisherZed Books
  • Publication date2008
  • ISBN 10 1842776371
  • ISBN 13 9781842776377
  • BindingPaperback
  • Number of pages176

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