Can finance save the world? : regaining power over money to serve the common good / Bertrand Badré ; forewords by Emmanuel Macron, President of the French Republic, and Gordon Brown, Former Prime Minister of the United Kingdom.

Format:

Book

Author/Creator:

Badré, Bertrand, author.

Language:

English

Subjects (All):

International finance.

Monetary policy.

Physical Description:

xvi, 256 pages ; 23 cm

Place of Publication:

Oakland, CA : Berrett-Koehler Publishers, [2018]

Summary:

"How to Make Finance a Force for Good Just as Thomas Piketty offered a sweeping critique and progressive reassessment of capitalism, former World Bank Group chief financial officer Bertrand Badre looks at the destructive role finance played in the global economic crisis of 2007-2008 and offers a bold prescription for making it a force for good. Badre describes how finance can be harnessed to help us solve many of the world's biggest problems--climate change, poverty, infrastructure rebuilding, and more. As he writes, "When controlled and used intelligently, with benevolence and inventiveness, finance can accomplish great things.""-- Provided by publisher.

"The world is changing, but innovative answers can be found in tradition. Badre offers comprehensive outlines as to how finance is the key to ensuring a sustainable future, ripe with growth, eradication of poverty and modernization"-- Provided by publisher.

Contents:

Part 1 Despite Being Led Nearly to Ruin, How We Can Still React

1 High Hopes from the Millennium Summit p. 21

2 The 2007-2008 Financial Crisis p. 38

3 One Main Lesson: Trust Is Gone p. 49

4 Great Hope II. All Together Now! p. 62

5 Renewed Centrifugal Forces p. 75

6 Frustration and Political Unrest p. 88

7 Humanity at a Crossroads p. 94

Part 2 Resetting Finance for the Benefit of All

8 Back to Basics p. 107

9 The New Names of the Game p. 121

10 A Silent Revolution Is On p. 131

Part 3 Finance at the Heart of Renewed International Cooperation

11 A Miracle to Be Preserved p. 145

12 Time to Adjust, Though p. 156

Part 4 Finance Serving the Common Good and the Sustainable Development of the World

13 The Multilateral Development Banks as a Laboratory? p. 169

14 Pushing Back or Extending the Frontiers of Development Finance p. 176

15 Using the Financial Cement p. 192

16 The Principle Put into Action p. 203.

ISBN:

9781523094219

1523094214

OCLC:

987659191