The economic operating system keeps crashing. It’s time to upgrade to a new one.Five decades ago, The Limits to Growth shocked the world by showing that population and industrial growth were pushing humanity towards a cliff. Today the world recognizes that we are now at the cliff edge: Earth has crossed multiple planetary boundaries while widespread inequality is causing deep instabilities in societies. There seems to be no way out.Earth For Al...

Formalising employment is a desirable policy goal, but how it is done matters greatly, especially for women workers. Indeed, formalisation policies that do not recognise gendered realities and prevailing socio-economic conditions may be less effective and even counterproductive.This book examines the varying trajectories of formalisation and their impact on women workers in five developing countries in Asia and Africa: India, Thailand, South Africa, Ghana and Morocco. They range fr...

To what extent does the East Asian experience provide us with a viable model of economic development? This tract seeks to answer this through a careful analysis of the long-term development of the East Asian economies and their recent crisis. Powered by a rapid expansion of exports, these economies had achieved phenomenal growth rates in the 1980s. The tract shows the contradictory implications of this process of industrialisation and the problems of unregulated finance which makes liberal...

On the night of 8 November 2016, at 8:15 pm, India’s Prime Minister, Narendra Modi, announced in a televised broadcast to the nation that with effect from midnight, currency notes of denominations Rs 500 and Rs 1,000 would no longer be legal tender. In one stroke, this involved the de-recognition of over 86 per cent of the value of Indian currency in circulation with only four hours’ notice.This important book provides a quick and concise explanation of the goals, implications, ini...

The global impact of Asian production of the wage goods consumed in North America and Europe is only now being recognized, and is far from being understood. Asian women, most only recently urbanized and in the waged work force, are at the center of a process of intensive labor for minimal wages that has upended the entire global economy. First published in 1997, this prescient study is the best available summary of this crucial process as it took hold at the very end of the twentieth centu...

This book provides new perspectives on recent Asian dynamism which go beyond the mainstream views, by attempting to situate the recent economic expansion within a broader analysis of capitalist accumulation and the various processes that it generates both within and across economies.The contributions in the book include analyses of recent growth patterns in both China and India; assessments of the sustainability of such growth and potential constraints and pitfalls; the role of int...

The economic operating system keeps crashing. It’s time to upgrade to a new one.Five decades ago, The Limits to Growth shocked the world by showing that population and industrial growth were pushing humanity towards a cliff. Today the world recognizes that we are now at the cliff edge: Earth has crossed multiple planetary boundaries while widespread inequality is causing deep instabilities in societies. There seems to be no way out.Earth For ...

In the past fifty years, more than $1 trillion in development-related aid has been transferred from rich countries to Africa. Has this assistance improved the lives of Africans? No. In fact, across the continent, the recipients of this aid are not better off as a result of it, but worse—much worse.In Dead Aid, Dambisa Moyo describes the state of postwar development policy in Africa today and unflinchingly confronts one of the greatest myths of our time: that billions of do...

Nearly forty percent of humanity lives on an average of two dollars a day or less. If you've never had to survive on an income so small, it is hard to imagine. How would you put food on the table, afford a home, and educate your children? How would you handle emergencies and old age? Every day, more than a billion people around the world must answer these questions. Portfolios of the Poor is the first book to systematically explain how the poor find solutions to their everyday fin...

Offers a stimulating introduction to globalization and its varying impacts across, between, and within societies. It is a highly readable book that contributes to a better understanding of the crucial aspects and dimensions of the developments and transformations that go by the name of globalization. - ;'Globalization' has become the buzz-word of our time. A growing number of scholars and political activists have invoked the term to describe a variety of changing economic, political...

What, and who, are we working for? A thoughtful assessment on our current society from "probably America's most prominent Marxist economist" ( The New York Times).Capitalism as a system has spawned deepening economic crisis alongside its bought-and-paid-for political establishment. Neither serves the needs of our society. Whether it is secure, well-paid, and meaningful jobs or a sustainable relationship with the natural environment that we depend on, our s...

A review of the headlines of the past decade seems to show that disasters are often part of capitalist systems: the high-tech bubble, the Enron fraud, the Madoff Ponzi scheme, the great housing bubble, massive lay-offs, and a widening income gap. Disenchantment with the market economy has reached the point that many even question capitalism itself. Allan H. Meltzer disagrees, passionately and persuasively. Drawing on deep expertise as a financial historian and authority on economic theory,...