Synopses & Reviews
Building on the New Economic Foundation and Jubilee 2000's experience of making complex economic issues interesting and attractive to a mass audience, and publishing alternative reports, the Real World Economic Outlook provides an overview and reviews the global economy from a different and radical perspective. This first report looks at globalization and debt deflation.
Synopsis
Real World Economic Outlook is a yearly publication that will review issues in the global economy from a different, radical and more realistic perspective. In stark contrast to the output of other institutions like the IMF and World Bank, this annual report is written in an accessible way, informing and offering alternative analyses of the global economy to a wide audience. Real World Economic Outlook 2003 's theme is globalization's true legacy: debt deflation. Globalization is examined not as a spontaneous event of economic and technological combustion, but as a deliberate strategy to place finance at the centre of our communities - whether local, national or global. The legacy of this strategy has proved disastrous. Individuals, households, governments and corporations have collectively been lured into a quagmire of debt and deflation.
About the Author
Ann Pettifor is Director of Jubilee Research at the New Economics Foundation. She co-founded the Jubilee 2000 movement for the cancellation of the debts of the poorest countries.
Table of Contents
Opening Section: The Real World Economic Outlook * The Regional Outlook * Debt and Inequality * New Sovereign Debt * Economic and Environmental Linkages * Appendices