Description
Discover the compelling narrative behind the evolution of the global economy with 'The Economic Government of the World'. This brand new hardcover edition (ISBN: 9781846141713, published by Penguin UK in 2023) delves deep into the intertwining histories of money, trade, and development from 1933 to the present day. Written by renowned historian Martin Daunton, this book offers an insightful examination of the balance between economic nationalism and globalization throughout the last nine decades. It highlights moments of crisis and transformation, such as the Great Depression and the Second World War, using them to reflect on current global economic challenges.
Key themes include the collapse of economic systems, the emergence of new economic orders, and the roles played by influential institutions such as the International Monetary Fund and the World Bank. Daunton's analysis also navigates the shifting alliances and conflicts during the Cold War, addressing how these dynamics have shaped modern economic policies and practices.
Ideal for students, economists, and anyone interested in understanding the complexities of global finance, this book is not just a historical account, but a call to reassess how we envision our economic future in an increasingly interconnected world. Dive into this epic history and explore how past lessons can inform contemporary solutions to the economic dilemmas facing us today.
Delivery Information: We offer fast shipping and convenient delivery options to ensure your reading experience starts seamlessly. Order now to gain insights into the economic forces that shape our world.
Condition: BRAND NEW
ISBN: 9781846141713
Format: Paper over boards
Year: 2023
Publisher: Penguin UK
Description:
An epic history of money, trade and development since 1933
In 1933, Keynes reflected on the crisis of the Great Depression that arose from individualistic capitalism- 'It is not intelligent, it is not beautiful, it is not just, it is not virtuous - and it doesn't deliver the goods ... But when we wonder what to put in its place, we are extremely perplexed.' We are now in a similar state of perplexity, wondering how to respond to the economic problems of the world.
Martin Daunton examines the changing balance over ninety years between economic nationalism and globalization, explaining why one economic order breaks down and how another one is built, in a wide-ranging history of the institutions and individuals who have managed the global economy. In 1933, the World Monetary and Economic Conference brought together the nations of the world- it failed. Trade and currency warfare led to economic nationalism and a turn from globalization that culminated in war. During the Second World War, a new economic order emerged - the embedded liberalism of Bretton Woods, the International Monetary Fund and the International Bank for Reconstruction and Development - and the post-war General Agreement on Tariffs and Trade. These institutions and their rules created a balance between domestic welfare and globalization, complemented by a social contract between labour, capital and the state to share the benefits of economic growth.
Yet this embedded liberalism reflected the interests of the 'west' in the Cold War- in the 1970s, it faced collapse, caused by its internal weaknesses and the breakdown of the social cont
Key themes include the collapse of economic systems, the emergence of new economic orders, and the roles played by influential institutions such as the International Monetary Fund and the World Bank. Daunton's analysis also navigates the shifting alliances and conflicts during the Cold War, addressing how these dynamics have shaped modern economic policies and practices.
Ideal for students, economists, and anyone interested in understanding the complexities of global finance, this book is not just a historical account, but a call to reassess how we envision our economic future in an increasingly interconnected world. Dive into this epic history and explore how past lessons can inform contemporary solutions to the economic dilemmas facing us today.
Delivery Information: We offer fast shipping and convenient delivery options to ensure your reading experience starts seamlessly. Order now to gain insights into the economic forces that shape our world.
Condition: BRAND NEW
ISBN: 9781846141713
Format: Paper over boards
Year: 2023
Publisher: Penguin UK
Description:
An epic history of money, trade and development since 1933
In 1933, Keynes reflected on the crisis of the Great Depression that arose from individualistic capitalism- 'It is not intelligent, it is not beautiful, it is not just, it is not virtuous - and it doesn't deliver the goods ... But when we wonder what to put in its place, we are extremely perplexed.' We are now in a similar state of perplexity, wondering how to respond to the economic problems of the world.
Martin Daunton examines the changing balance over ninety years between economic nationalism and globalization, explaining why one economic order breaks down and how another one is built, in a wide-ranging history of the institutions and individuals who have managed the global economy. In 1933, the World Monetary and Economic Conference brought together the nations of the world- it failed. Trade and currency warfare led to economic nationalism and a turn from globalization that culminated in war. During the Second World War, a new economic order emerged - the embedded liberalism of Bretton Woods, the International Monetary Fund and the International Bank for Reconstruction and Development - and the post-war General Agreement on Tariffs and Trade. These institutions and their rules created a balance between domestic welfare and globalization, complemented by a social contract between labour, capital and the state to share the benefits of economic growth.
Yet this embedded liberalism reflected the interests of the 'west' in the Cold War- in the 1970s, it faced collapse, caused by its internal weaknesses and the breakdown of the social cont