The Story
How to manage the global economy and, more fundamentally, whether humanity wishes it to go in an ever more marketoriented, transnational corporationdominated, and capitalfootloose direction is the most important international question of our time. In this short and trenchant history of those bodies the World Bank, IMF, WTO, and Group of Seven which have promoted this economic globalization, Walden Bello: Points to their manifest failings; Examines the major new ideas put forward for reforming the management of the world economy; Argues for a much more fundamental shift towards a decentralized, pluralistic system of global economic governance allowing countries to follow development strategies sensitive to their own values and particular mix of constraints and opportunities.
Description
How to manage the global economy and, more fundamentally, whether humanity wishes it to go in an ever more marketoriented, transnational corporationdominated, and capitalfootloose direction is the most important international question of our time. In this short and trenchant history of those bodies the World Bank, IMF, WTO, and Group of Seven which have promoted this economic globalization, Walden Bello: Points to their manifest failings; Examines the major new ideas put forward for reforming the management of the world economy; Argues for a much more fundamental shift towards a decentralized, pluralistic system of global economic governance allowing countries to follow development strategies sensitive to their own values and particular mix of constraints and opportunities.
