Description
A landmark history of the world economic order, exploring how developing countries have fought to escape impoverishment
Over the past two decades, experiments in neoliberal economics have opened up a chasm of inequality between the Global South and the West. Development advice from richer nations has led to social upheaval, political unrest, environmental degradation—and even the creation of a new underclass. Brutal extremes of wealth and poverty are now commonplace.
Ali A. Allawi traces the evolution of the world economic order from the late imperial era to the present day. Shedding light on continuing controversies, Allawi shows how the process of development has been hindered at every turn, from poor leadership and lost opportunities to widespread corruption. In doing so, he argues that the current neoliberal consensus is only the most recent of a series of failed policy imperatives.
Covering issues in the Global South as well as failures in the West, this definitive account offers an impassioned and authoritative call for change.
Book Information
ISBN 9780300214284
Author Ali A. Allawi
Format Hardback
Page Count 688
Imprint Yale University Press
Publisher Yale University Press
Over the past two decades, experiments in neoliberal economics have opened up a chasm of inequality between the Global South and the West. Development advice from richer nations has led to social upheaval, political unrest, environmental degradation—and even the creation of a new underclass. Brutal extremes of wealth and poverty are now commonplace.
Ali A. Allawi traces the evolution of the world economic order from the late imperial era to the present day. Shedding light on continuing controversies, Allawi shows how the process of development has been hindered at every turn, from poor leadership and lost opportunities to widespread corruption. In doing so, he argues that the current neoliberal consensus is only the most recent of a series of failed policy imperatives.
Covering issues in the Global South as well as failures in the West, this definitive account offers an impassioned and authoritative call for change.
Book Information
ISBN 9780300214284
Author Ali A. Allawi
Format Hardback
Page Count 688
Imprint Yale University Press
Publisher Yale University Press
