Reflections on progress : essays on the global political economy / Kemal Dervis.

Format:

Book

Author/Creator:

Derviş, Kemal, author.

Contributor:

Bloomsbury (Firm), publisher.

Language:

English

Subjects (All):

International trade.

International finance.

International economic relations.

Globalization--Economic aspects.

Democracy.

Economics--Political aspects.

Economics.

Economic policy--International cooperation.

Economic policy.

Globalization.

Physical Description:

1 online resource (209 pages)

Edition:

1st ed.

Distribution:

New York : Bloomsbury Publishing(US), 2016.

Place of Publication:

Washington, D.C. : Brookings Institution Press, [2016]

System Details:

data file

Summary:

Is the world giving up on the promise of ever-greater prosperity for all, on functioning democratic institutions, and on long-term peace? Is the special set of circumstances that led to the recent rapid growth in emerging markets unlikely to be present in the future? Will the second decade of the twenty first century end with "secular stagnation"? Does the rise of authoritarianism, populism, and fanatic nihilism--all experienced over the last few years--threaten to unravel what has been built painstakingly since the catastrophe of World War II? Kemal Dervis addresses these and similar questions in this thought-provoking series of essays written for Project Syndicate from 2011 to 2015. The essays are organized in three sections: global economic interdependence, inequality and the political economy of reform, and the specific challenge of Europe. The common theme is the need for growth-oriented and socially inclusive policymaking in an interdependent world. These kinds of policies offer the potential for another wave of unprecedented human progress aided by breathtaking new technologies. However, a huge and destabilizing disruption is possible if policymaking is not globally cooperative and is not focused on inclusion and greater equity. These essays synthesize the experience and analysis of a scholar and policymaker with national, regional, and international experience at the highest levels. Dervis exhibits a passion for combining strongly held values with political feasibility.

Contents:

Preface

part I. Global economics

Global imbalances and domestic inequality

A world of convergence

Austere growth?

Should central banks target employment?

The great disconnect

The end of convergence?

Northern Europe's drag on the world economy

Catching up at different speeds

Tailspin or turbulence?

The future of economic progress

The oil price opportunity

Can trade agreements stop currency manipulation?

Is Uber a threat to democracy?

part II. The social contract, public policy, and inequality

The inequality trap

What role for the state?

The centrists cannot hold

Economic policy's narrative imperative

Balancing the technocrats

The next social contract

The Great War and global governance

Good governance and economic performance

The great income divide

A great breakdown?

Publicly funded inequality

The paradox of identity politics

A new birth for social democracy?

Restoring yesterday's hope for tomorrow's world

Part iii. Europe : beyond crisis management

The global future of Europe's crisis

Rebalancing the Eurozone

Mario Draghi's guns of August

Europe's vital French connection

Back to the brink for the Eurozone?

David Cameron's European spaghetti bowl

The European consequences of Germany's election

Europe's political transcendence

Democracy in Europe

Revamping Europe's tattered social contract

Europe's Franco-German dream team

Still no exit for Greece

Fiscal austerity versus European society

E pluribus Europe?

Two Europes in one.

Notes:

Includes index.

Includes bibliographical references and index.

Description based on print version record and CIP data provided by publisher.

ISBN:

0-8157-5348-9

0-8157-4982-1

0-8157-2962-6

OCLC:

954678704