Building on the impressive first edition, this revised and updated book examines a wide range of highly topical issues. Dr Panic questions whether economic prosperity, social wellbeing and peace are sustainable given existing national attitudes, institutions and policies, and explores the changes needed to prevent another global economic collapse.
'In this creative response to the large issues raised by globalization, Mica Panic combines broad experience in industry, government, the Bank of England and the United Nations with in-depth academic analysis. He is ideally placed to give both diagnosis and prescription and does so convincingly and in a style accessible to non-economists.' - Professor David Ford, University of Cambridge, UK
'This is an impressive collection of essays. They are written in a non-technical way that makes them accessible to a fairly wide readership. They also deal with many important issues that the economics profession tends to ignore. Taken as a whole, they provide a coherent and unusual overview of the world economy and its modern evolution and operation. After reading this collection I felt that I had really learned something profound about the forces now shaping the world economy. As someone who is instinctively sceptical of international institutions and international economic regulations, as I read this book I found myself questioning some of my long-held beliefs.' - Robert Rowthorn, Professor of Economics, University of Cambridge, UK
'This is an impressive collection of essays. They are written in a non-technical way that makes them accessible to a fairly wide readership. They also deal with many important issues that the economics profession tends to ignore. Taken as a whole, they provide a coherent and unusual overview of the world economy and its modern evolution and operation. After reading this collection I felt that I had really learned something profound about the forces now shaping the world economy. As someone who is instinctively sceptical of international institutions and international economic regulations, as I read this book I found myself questioning some of my long-held beliefs.' - Robert Rowthorn, Professor of Economics, University of Cambridge, UK