World Economy at the Crossroads

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The book explores the pivotal shift in the global economy at the end of the 20th century, focusing on the collapse of the postwar economic paradigm due to rising inflation and unemployment. It delves into the critical issues that have emerged from this upheaval and analyzes the ongoing search for a new economic framework. Additionally, it outlines the characteristics of the new global political economy that is taking shape, signaling a departure from previous policy agreements.