The Quest for Development Success: Bridging Theoretical Reasoning with Economic Practice

by Grzegorz W. Kolodko

Overview

Humanity faces epoch-making challenges arising from the convergence of demographic, social, economic, ecological and political megatrends, which are additionally superimposed by the fatal COVID-19 pandemic and the new Cold War. Traditional economic thought is not able to cope with them. In the conditions of irreversible globalization, these challenges are met by the original concept of a new pragmatism – a peculiar interface between economic theory and practical economic policy for sustainable development.

Grzegorz W. Kolodko, an outstanding economist with a world-wide reputation, a public intellectual, successful politician and a globetrotter who has explored the world – clearly writes what is happening in the economy and why, on its links with society and politics, environment, security, culture and technology. The work devotes due attention to the rise of China and the consequences of its global expansion. The unique interdisciplinary approach to the issues discussed makes this book a fascinating read for all professionals interested in the future of a rapidly changing world.

Product Details

ISBN-13:	9781793642554
Publisher:	Bloomsbury Academic
Publication date:	04/09/2021
Pages:	266
Product dimensions:	6.00(w) x 9.00(h) x 0.62(d)

About the Author

Grzegorz W. Kolodko is founder and director of TIGER – Transformation, Integration and Globalization Economic Research at Kozminski University in Warsaw, Poland.

Table of Contents

Part I. How to Avoid Economic Death: The Political Economy of Pandemic

Chapter 1. Times of Plague

Chapter 2. After the Calamity: Prospects of Recovery and Growth

Chapter 3. Politics and Policies in the Post-Pandemic World

Part II. Facing Future Development Challenges

Chapter 4. The New Pragmatism, or Economics and Policy for the Future

Chapter 5. Imperative of Heterodoxy

Chapter 6. Emerging Markets or Emancipating Economies?

Chapter 7. Socialism, Capitalism, or Chinism?

Chapter 8. Look to the Horizon and Beyond

Chapter 9. Chinism and the Future of the World

Part III. Pragmatism as a Key Factor for Socio-Economic Progress

Chapter 10. The Great Chinese Transformation: from the Third to the First World

Chapter 11. Income, Fiscal Transfer and Conflicts of Economic Interests

Part IV. Economics of Success versus Economics of Failure

Chapter 12. Chinese Economy at the Era of Globalization

Chapter 13. Recipe for a Crisis

Chapter 14. How to Destroy a Country. The Economics and the Politics of the Greek Crisis

Chapter 15. Economics and Politics of the Currency Convergence: the Case of Poland

Chapter 16. Determinants and Implications of the Eurozone Enlargement

Editorial Reviews

Grzegorz W. Kolodko makes his best to prove that a new theory, which would incorporate findings in economics, political science, sociology and philosophy, is needed to cope with huge challenges, which are now faced by mankind as a result of technological development, economic and ecological imbalances, pandemic, fierce political competition.

Alexander Nekipelov

It is another great work from a profound thinker and unwearied quester. With abundant experiences practicing economic theories in reality, the author is moving forward to inspire the world where economic modernization also promotes sustainable development.

David Q. Pan

Grzegorz W. Kolodko is one of the most acute observers of the international economy, based on long experience both as a practitioner and as an academic. His writings are always an important starting point for debate and discussion about the political economy of globalization.

Francis Fukuyama

In a world that focuses on trees or even on the barks of the trees, Professor Kolodko book deals with all the forests of the world, and not only the forests of today but also those of the past and the future.

Vito Tanzi

Since the time of 'skar Lange and Michal Kalecki, so for over 50 years, Grzegorz W. Kolodko is the first Polish economist who took up the challenge of making a creative contribution to world economics not only in the form of scientific scholarly articles, but through a comprehensive and coherent theoretical concept relating to the fundamental economic problems of the present and future.

Maciej Baltowski