In an era of post-globalization, the global political economy needs restructuring. This textbook examines the challenges facing the world economy as a result of climate change and social and economic inequality, and provides future-oriented solutions to them. Andersson presents and explains key concepts from Global Political Economy to show how to design and analyse potential reconstructions of the economic system. With a comprehensive exploration of the different ideological pathways that change might take, and taking account of gender, race and class, the author expertly guides the reader through thematic chapters, including: • the political economy of everyday life; • the regulation of global trade; • post-development; • the production of global value chains; • financial markets. This book will help readers see that global economic change is possible and support clear thinking about a global future that is environmentally, socially and economically sustainable.

When he fled Austria in 1934, Ludwig von Mises left behind a wealth of writings that, he supposed, were lost forever. Seized by the Nazi Gestapo, the papers were subsequently captured by the Soviet KGB and were archived in Moscow. Their discovery in 1996, by Professors Richard and Anna Ebeling of Hillsdale College, received widespread attention. In cooperation with Hillsdale College, Liberty Fund will make available these long-lost writings, many of which have not previously appeared in English, as part of a three-volume edition of selected writings by one of the unsurpassed economists of the twentieth century. In the first of the volumes to be published are contained separate previously unpublished works that Mises wrote from 1940 through 1944, when much of the world was at war. The papers include: Guiding Principles for the Reconstruction of Austria (1940); An Eastern Democratic Union: A Proposal for the Establishment of a Durable Peace in Eastern Europe (1943); Aspects of American Foreign Trade Policy (1943); Mexico's Economic Problems (1943); The Main Issues in Present-Day Monetary Controversies (1944), and; A Non-Inflationary Proposal for Post-War Monetary Reconstruction (1944).

"The unending tragedy of Reconstruction," wrote W. E. B. Du Bois, "is the utter inability of the American mind to grasp its... national and worldwide implications." And yet the long shadow of Reconstruction's failure has loomed large in the American imagination, serving as a parable of race and democracy both at home and abroad. In Reconstructing the World Harilaos Stecopoulos looks at an array of American writers who, over the course of the twentieth century, used the South as a touchstone for thinking about the nation's global ambitions. Focusing on the lives and writings of Charles Chesnutt, Thomas Dixon, James Weldon Johnson, W. E. B. Du Bois, Carson McCullers, William Faulkner, Richard Wright, and Alice Walker, he shows the ways in which these public intellectuals viewed the U.S. South in international terms and questioned the relationship between domestic inequality and a quest for global power.By examining "big stick" diplomacy, World War II, and the Vietnam War in light of regional domestic concerns, Stecopoulos urges a reassessment of the American Century. Providing new interpretations of literary works both well-known (Johnson's The Autobiography of an Ex-Colored Man, McCullers's The Member of the Wedding) and marginal (Dixon's The Leopard's Spots, Du Bois's Dark Princess), Stecopoulos argues that the South played a crucial role in mediating between the national and imperial concerns of the United States. That intersection of region and empire, he contends, profoundly influenced how Americans understood not only cultural and political geographies but also issues of race and ethnicity.

The case studies in this book examine significant parallels between the situation in Eastern Europe today and the issues facing Europe and Japan after World War II, offering insights on what kinds of policy actions will be most effective in this difficult period of reconstruction.The breakup of the Soviet Union and the consequent extraordinary problems faced by Eastern European nations raise pressing economic questions. The case studies in this book examine significant parallels between the situation in Eastern Europe today and the issues facing Europe and Japan after World War II, offering insights on what kinds of policy actions will be most effective in this difficult period of reconstruction. The essays address such topics as the relative roles of government and the market; economic openness; industrial conversion from war to peacetime production; the roles of institutions, enterprises, the business community, and their work staffs; and external control of policy measures, of resources made available by the outside world, and of the general external environment. In their introductory chapter, the editors provide an overview that addresses the question of whether reconstruction can ever be managed smoothly.ContentsOpenness, Wage Restraint, and Macroeconomic Stability: West Germany's Road to Prosperity 1948-1959, H. Giersch, K. H. Paqué, M. Schmieding - The Lucky Miracle: Germany 1945-1951, H. Wolf - Inflation and Stabilization in Italy 1946-1951, M. De Cecco and F. Giavazzi - Economic Reconstruction in France 1945-1958, G. Saint-Paul - Reconstruction and the U.K. Postwar Welfare State: False Start and New Beginning, P. Minford - A Perspective on Postwar Reconstruction in Finland, J. Paunio - The Reconstruction and Stabilization of the Postwar Japanese Economy, K. Hamada and M. Kasuya - The Marshall Plan: History's Most Successful Structural Adjustment Program, J. B. De Long and B. Eichengreen - Lessons for Eastern Europe Today, 0. Blanchard, R. Portes, W. Nolling

This chapter discusses various past and future aspects of the global economy. There has been a huge transformation of the global economy in the last several years. Articles on the future of energy in the global economy by Jeffrey Ball and on measuring inequality by Jonathan Ostry and Andrew Berg are also illustrated. Since the 2008 global crisis, global economists must change the way they look at the world.

The world economy is experiencing a very strong but uneven recovery, with many emerging market and developing economies facing obstacles to vaccination. The global outlook remains uncertain, with major risks around the path of the pandemic and the possibility of financial stress amid large debt loads. Policy makers face a difficult balancing act as they seek to nurture the recovery while safeguarding price stability and fiscal sustainability. A comprehensive set of policies will be required to promote a strong recovery that mitigates inequality and enhances environmental sustainability, ultimately putting economies on a path of green, resilient, and inclusive development. Prominent among the necessary policies are efforts to lower trade costs so that trade can once again become a robust engine of growth. This year marks the 30th anniversary of the Global Economic Prospects. The Global Economic Prospects is a World Bank Group Flagship Report that examines global economic developments and prospects, with a special focus on emerging market and developing economies, on a semiannual basis (in January and June). Each edition includes analytical pieces on topical policy challenges faced by these economies.

This volume presents papers from a conference organized by the Korea Development Institute and the IMF. The purpose of this high-level conference was for policymakers and academics from the Asian region and from G-20 countries to discuss forward-looking economic and financial issues of interest to the international community, such as restoring normalcy to fiscal policy, macroprudential regulation, the future of the financial system, global fiscal imbalances, and the international monetary system. Topics include: (1) A strategy for renormalizing fiscal and monetary policies in advanced economies. Key principles for restoring financial stability in the wake of the crisis, including the timing and sequence for exit, are identified. (2) Rethinking macroeconomic policy. This section examines if and how macroeconomic policy should respond to sectoral imbalances and asset-price and housing imbalances, as well as a potential role for macroprudential regulation. (3) Redesigning the financial system of the future. Responses by both policymakers and the private sector to recent events are evaluated in terms of how they will shape the future financial system and its role in the global economy. (4) Global imbalances. The argument is made that there is an urgent need to address the domestic and international distortions that are a key cause of imbalances; failure to do so would threaten the sustainability of the recovery. (5) The future of the international monetary system. Steps that can be taken to address the inherent weaknesses in the current system are described, including possible solutions on both the demand side and on the supply side.

Urban regime theory has gained a dominant position in the literature on local politics in the United States and its use in comparative cross-national research despite its cited shortcomings. In Reconstructing Urban Regime Theory, editor Mickey Lauria presents a challenging argument for the need to reconceptualize urban regime's middle-level abstraction by interpreting it through the lens of the higher-level abstraction of regulationist theory. The noted contributors to this volume propose stronger conceptual linkages between local agents and institutions, regime transformation, and the restructuring of urban space. The blend of empirical and case-study chapters provide an excellent mix of theory and practice that makes Reconstructing Urban Regime Theory well suited to a broad spectrum of upper-level undergraduate courses covering urban studies, political science, sociology, and geography as well as a rich resource for academics and researchers in these fields.

This volume offers an original perspective on the questions the great economists have asked and looks at their significance for todays world. Written in a provocative and accessible style, it examines how the diverse traditions of political economy have conceptualised economic issues, events and theory. Going beyond the orthodoxies of mainstream economics it shows the relevance of political economy to the debates on the economic meaning of our times. Reconstructing Political Economy is a timely and thought-provoking contribution to a political economy for our time. In this light it offers fresh insights into such issues as modern theories of growth, the historic relations between state and market and the significance of globalisation for modern societies.

"In the 1990s, Yugoslavia, which had once been a role model for development, became a symbol for state collapse, external intervention and post-war reconstruction. Today the region has two international protectorates, contested states and borders, severe ethnic polarisation and minority concerns. In this first in-depth critical analysis of international administration, aid and reconstruction policies in Kosovo, Jens Stilhoff Sorensen argues that the region must be analysed as a whole, and that the process of state collapse and recent changes in aid policy must be interpreted in connection to the wider transformation of the global political economy and world order. He examines the shifting inter- and intracommunity relations, the emergence of a 'political economy' of conflict, and of informal clientelist arrangements in Serbia and Kosovo and provides a framework for interpreting the collapse of the Yugoslav state, the emergence of ethnic conflict and shadow economies, and the character of western aid and intervention. Western governments and agencies have built policies on conceptions and assumptions for which there is no genuine historical or contemporary economic, social or political basis in the region. As the author persuasively argues, this discrepancy has exacerbated and cemented problems in the region and provided further complications that are likely to remain for years to come." -- Back cover.