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Deglobalization: Ideas for a New World Economy (Global Issues)


Deglobalization: Ideas for a New World Economy (Global Issues) Cover


Synopses & Reviews

Publisher Comments:

This is a short and trenchant history of the organizations--the World Bank, IMF, WTO, and Group of Seven--that have promoted economic globalization and which are now trying to manage the unmanageable. Walden Bello points to their manifest failings, seen in recurrent financial crises, the ever widening gulf between developing and industrialized countries, the persistence of gross inequalities, and mass poverty. He examines new ideas for reforming world economic management, and argues that a much more fundamental and radical shift of direction is required.


Revised and updated.

About the Author

Walden Bello is the founding Director of Focus on the Global South, a policy research institute based in Bangkok, Thailand. His many books include A Siamese Tragedy (with Cunningham & Li Kheng Poh, Zed Books, 1999) and Global Finance (with Bullard & Malhotra, Zed Books 2000).

Table of Contents

Foreword to the New Edition: The Crisis of the Globalist Project and the New Economics of George W. Bush * The Crisis of the Globalist Project * Three Moments of the Crisis of Globalization * The New Economics of George W. Bush * The Economics and Politics of Over-extension * Part I: Introduction: The Multiple Crises of Global Capitalism * From Triumph to Crisis * Multilateralism in Disarray * The Crisis of the Neoliberal Order * The Corporation under Question * Cracks in Military Hegemony * Degeneration of Liberal Democracy * The Spectre of Deflation * Rise of the Movement * September 11's Contradictory Legacy * 'Imperial Overstretch' * Liberal Democracy Loses * The Future * Part II:. Marginalizing the South in the International System * The Rise of UNCTAD * The Bretton Woods Twins versus the UN Development System * The Southern Challenge in the 1970s * Rightwing Reaction and the Demonization of the South * Resubordinating the South I: Structural Adjustment * Resubordinating the South II: Taming the Tigers * Resubordinating the South III: Dismantling the UN Development System * The World Trade Organization: Third Pillar of the System * The Group of 7: An International Directorate? * Part III:. Sidestepping Democracy at the Multilateral Agencies * World Bank * International Monetary Fund * World Trade Organization * Part IV: Crisis of Legitimacy * The IMF's Stalingrad * The Past Catches up * Meltzer and the World Bank * The WTO and the Road to Seattle * Part V: The Vicissitudes of Reform, 1998-2002 * Reforming the Global Financial Architecture * From Structural Adjustment to Poverty Reduction? * Non-democratic Decision-making Affirmed * Decision-making at the WTO: From Seattle to Doha * Part VI: Proposals for Reform of Global Governance: A Critical Analysis * An Economic Security Council? * The Meltzer Commission Proposal * The 'Back to Bretton Woods System' School * George Soros's Alternative System * Part VII: The Alternative: Deglobalization * Deconstruction * Deglobalizing in a Pluralist World * References * Annex: Guide to Further Information * Index

Product Details

Ideas for a New World Economy
Bello, Walden
Zed Books
International - Economics
Economics - General
Edition Description:
Revised Edition
Publication Date:
September 2004
Grade Level:
Professional and scholarly
7.4 x 5.12 x 0.455 in

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Related Subjects

History and Social Science » Economics » General
History and Social Science » Economics » Global Economics
History and Social Science » Politics » International Studies

Deglobalization: Ideas for a New World Economy (Global Issues) Used Trade Paper
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