Description
Book SynopsisThe global financial crisis of 1997--8 revealed that emerging market nations as well as the developed economies are vulnerable to the forces of globalization. It highlighted the need for the governance of the world economy to catch up with the pace and degree of integration through trade and financial markets.
Trade Review'Diane Coyle has written a clear and rigorous analysis of the international trade and investment system. If we are to understand the challenges of globalisation, this is one book that we should all read.'
Meghnad Desai, London School of Economics
'Diane Coyle has her finger on what will surely be one of the foremost political issues of the coming decade -- the ascendancy of globally integrated finance capitalism, and in particular who benefits and who loses from it. Her insights are thoughtful, her conclusions sound, her explanations consistently instructive. And as usual, her lively writing crackles with concrete examples and thought-provoking facts.' Benjamin M. Friedman, Harvard University
'Diane Coyle, one of the best of the very bright generation of economic writers British journalism has thrown up in recent years.' Denis MacShane, The Independent
'This thoughtful book by the economics editor of The Independent packs a fair amount into its 166 pages. A passionate free marketeer, who also believes that free markets need a great deal of scrutiny, Coyle argues that present trading conditions offer a rare opportunity to improve the world economy.' The Sunday Times
Table of ContentsAcknowledgements.
Introduction.
Chapter One: Frankenstein Finance.
Chapter Two: Myths and Reality In Financial Markets.
Chapter Three: Division of the Spoils.
Chapter Four: A New International Architecture.
Chapter Five: The New 'New Economy'.
Notes.
Bibliography.
Index
