A definitive history of the global economic order, exploring how developing countries struggle to avoid poverty. Over the past twenty years, experiments in neoliberal economics have opened a gaping inequality between the Global South and the West. Development advice from wealthier countries has led to social unrest, political upheaval, environmental degradation - and even the creation of a new underclass. Violent extremes of wealth and poverty are now commonplace.
Ali A. Allawi retells the evolution of the global economic order from the late imperial age to the present. Shedding light on ongoing controversies, Allawi shows how the development process has been thwarted at every turn, from poor leadership and missed opportunities to extensive corruption. He argues that the current neoliberal consensus is merely the latest in a series of failed policy imperatives.
Covering issues of the Global South as well as failures in the West, this definitive narrative offers a passionate and authentic call for change.
Pages: 688, Year of Publication: 0527, Dimensions: 15.6x15.6cm
