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The book employs the neo-Gramscian approach to understand the emergence and expansion of neoliberalism. The global imbalances have been the economic consequences of the rise of neoliberalism as a new world order. As no significant counter-hegemonic challenge is likely to occur, the neoliberal world order is likely to remain intact in the near future. To the extent that the neoliberal world order prevents an effective rebalancing of the global imbalances, the current episode of global imbalances may end up with a hard-landing of the global economy.

Produktbeschreibung
The book employs the neo-Gramscian approach to understand the emergence and expansion of neoliberalism. The global imbalances have been the economic consequences of the rise of neoliberalism as a new world order. As no significant counter-hegemonic challenge is likely to occur, the neoliberal world order is likely to remain intact in the near future. To the extent that the neoliberal world order prevents an effective rebalancing of the global imbalances, the current episode of global imbalances may end up with a hard-landing of the global economy.
Autorenporträt
Naphon Phumma is currently a lecturer at the Faculty of Economics, Thammasat University, Thailand. He obtained his PhD in economics from the Department of Economics, University of Utah.