Description

A wonderful blend of “politics and economics, micro and macro, past and present in an accessible narrative” (The Washington Post), Global Capitalism presents an authoritative history of the twentieth-century global economy. Jeffry A. Frieden’s discussion of the financial crisis of 2008 explores its causes, the many warning signals for policymakers and its repercussions: a protracted recovery with accumulating levels of inequality and political turmoil in the European Union and the United States. Frieden also highlights China’s dramatic rise as the world’s largest manufacturer and trading nation, perhaps the most far-reaching development of the new millennium. Drawing parallels between the current period and the decades before the First World War, when the first era of global economic integration gave way to nationalist rivalry, Frieden’s history clearly shows that globalisation is neither inevitable nor irreversible but a political choice.

• With a new chapter on the great financial crisis and the retreat from global integration.

Global Capitalism

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Paperback / softback by Jeffry A. Frieden

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A wonderful blend of “politics and economics, micro and macro, past and present in an accessible narrative” (The Washington Post),... Read more

    Publisher: WW Norton & Co
    Publication Date: 21/08/2020
    ISBN13: 9780393358254, 978-0393358254
    ISBN10: 0393358259

    Number of Pages: 608

    Non Fiction , Business, Finance & Law

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    Description

    A wonderful blend of “politics and economics, micro and macro, past and present in an accessible narrative” (The Washington Post), Global Capitalism presents an authoritative history of the twentieth-century global economy. Jeffry A. Frieden’s discussion of the financial crisis of 2008 explores its causes, the many warning signals for policymakers and its repercussions: a protracted recovery with accumulating levels of inequality and political turmoil in the European Union and the United States. Frieden also highlights China’s dramatic rise as the world’s largest manufacturer and trading nation, perhaps the most far-reaching development of the new millennium. Drawing parallels between the current period and the decades before the First World War, when the first era of global economic integration gave way to nationalist rivalry, Frieden’s history clearly shows that globalisation is neither inevitable nor irreversible but a political choice.

    • With a new chapter on the great financial crisis and the retreat from global integration.

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