Globalization and Growth: Implications for a Post-Crisis World

Book Details:

• Author: Michael Spence

• Publisher: Rawat Publications

• Language: English

• ISBN: 9788131604199

• Pages: 380

• Cover: Hardcover

• Dimensions: 10.0 x 7.6 x 1.1 inches

About the Book

Globalization and Growth is a timely and insightful contribution commissioned by the Commission on Growth and Development, exploring the aftermath and deeper causes of the 2008–09 global financial and economic crisis. It addresses a spectrum of critical questions and challenges that face developing economies in a post-crisis world.

This volume delves into:

• The root causes of the 2008–09 crisis

• Policy and intellectual failures that prevented timely anticipation

• The evolving future of financial regulation at national and global levels

• The influence of global macroeconomic imbalances in the crisis build-up

• The sustainability of the export-led growth model for developing nations

• The increasing role of government intervention post-crisis

• The state of infrastructure investment and its role in economic growth

• The effectiveness of countercyclical fiscal policies

• The impact of climate change and demographic shifts on developing-country growth

• The lasting effects of the crisis on the world’s poorest populations

Spanning short-, medium-, and long-term growth concerns, this book offers cutting-edge policy ideas and frameworks to support sustained and inclusive growth in the Global South.

Penned by some of the world’s most respected economists and thinkers, this book presents both theoretical insights and actionable solutions aimed at navigating the new realities of globalization.

About the Author / Editor

Michael Spence is a Senior Fellow at the Hoover Institution and Philip H. Knight Professor Emeritus of Management at Stanford University's Graduate School of Business. A Nobel Laureate in Economics, his work spans development economics, globalization, and market dynamics.

Danny Leipziger, co-editor, is Professor of International Business at The George Washington University and serves as Vice Chair of the Commission on Growth and Development. His extensive experience includes senior positions at the World Bank and in global policy advising.