The Transformation of the World Economy

Overview

This revised, extended and updated edition of Robert Solomon's well-received The Transformation of the World Economy assesses the remarkable changes in the world economy in recent decades. The impact of marketization, of "globalization" in both industry and finance and of increased policy co-ordination as a response at regional and global levels are analyzed, as are the changing philosophies of economic policy in the US, Britain, Western Europe, the USSR, Russia and Eastern ...
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Overview

This revised, extended and updated edition of Robert Solomon's well-received The Transformation of the World Economy assesses the remarkable changes in the world economy in recent decades. The impact of marketization, of "globalization" in both industry and finance and of increased policy co-ordination as a response at regional and global levels are analyzed, as are the changing philosophies of economic policy in the US, Britain, Western Europe, the USSR, Russia and Eastern Europe, China, Asia, the Middle East, Africa and Latin America.
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Editorial Reviews

Booknews
Solomon, a scholar at the ultra-liberal Brookings Institution in Washington, DC, offers a revised and expanded edition of his 1994 volume (reprinted in 1996) in which he describes and evaluates the economic changes that have taken place worldwide during the past two decades. Annotation c. Book News, Inc., Portland, OR (booknews.com)
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Product Details

  • ISBN-13: 9780312221119
  • Publisher: Palgrave Macmillan
  • Publication date: 8/28/1999
  • Edition description: REV
  • Edition number: 2
  • Pages: 231
  • Product dimensions: 5.68 (w) x 8.84 (h) x 0.84 (d)

Meet the Author

Robert Solomon is Guest Scholar at the Brookings Institution and President of RS Associates Inc., the publisher of International Economic Letter.
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Table of Contents

List of Tables and Figures
Preface
1 Introduction 1
2 The Way it Was in 1980 5
3 Changing Philosophies of Economic Policy 12
4 America and Britain 25
5 Adjusting to Shocks in France, Germany and Japan 51
6 Economic Interactions and Economic Integration 76
7 The Elements of Economic Reform: Eastern Europe 95
8 Chaos and Reform in the Soviet Union and Russia 108
9 From Mao Zedong to Zhu Rongji: Economic Reform in China 124
10 Other Asia: Dragons, Tigers and an Elephant 139
11 Middle East and Africa: Oil, Wealth and Poverty 153
12 Democratisation and Reform in Latin America 165
13 Problems and Promises of an Uncertain Future 184
Notes 196
Glossary 208
Index 209
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