Edited By: Walden Bello and Nicola Bullard
256 pages, Figs, tabs
Leading thinkers, from both North and South, confront what is to be done about the clearly unstable world economic system. They examine a range of different ideas and approaches including: how do we renew the process of governance of the global economy?; can the IMF be reformed?; do we need a new World Financial Authority?; is there a case for capital controls?; can an international bankruptcy procedure be set up for countries, modelled on the USA's own domestic Chapter 11?; could the Tobin Tax on foreign currency transactions be part of the solution?; and what effective measures are needed to relieve the most deeply indebted countries? These questions are set in the context of understanding neo-liberalist economic thinking and policy. Fundamental questions are raised about recasting economic institutions and strategies on the basis of democratically controlled, environmentally compatible alternative lines.
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