As Director-General of the World Trade Organization, Pascal Lamy chaired the Doha Round of negotiations and witnessed a rapidly changing international trade environment. In his first book since leaving the WTO, Lamy reflects on his time there and outlines his views on the significance of open trade in generating global economic growth, reducing poverty and creating jobs around the world. He argues that trade can only act as a motor for growth if the correct mix of domestic and internationa...

Under the joint guidance of Bruno Cabrillac, Director of the Foundation for Studies and Research on International Development (FERDI) and former Deputy Director General of the Banque de France, and Pierre Jaillet, former Director General (Economics and International Relations) of the Banque de France, Advisor at the Jacques Delors Institute - Notre Europe, and associate researcher at IRIS, issue 160 of the Revue d’économie financière adresses “Geopolitical shifts, economic and fin...

Where is the world heading? Towards a “new world disorder” marked by the resurgence of geopolitical conflicts and state-sponsored violence or towards an ineluctable economic convergence? Building on their expertise in economics, defense, and European affairs, former Director-General of the World Trade Organization Pascal Lamy and defense analyst Nicole Gnesotto do not share the same opinion about our world’s future, but they both hold this nexus between geopolitical and geoeconomic forces ...

Why are measures of stress and anxiety on the rise, when economists and politicians tell us we have never had it so good? While statistics tell us that the vast majority of people are getting steadily richer the world most of us experience day-in and day-out feels increasingly uncertain, unfair, and ever more expensive. In Angrynomics, Eric Lonergan and Mark Blyth explore the rising tide of anger, sometimes righteous and useful, sometimes destructive and ill-targeted, and propose ...

From Nobel Prize–winning economist Jean Tirole, a bold new agenda for the role of economics in societyWhen Jean Tirole won the 2014 Nobel Prize in Economics, he suddenly found himself being stopped in the street by complete strangers and asked to comment on issues of the day, no matter how distant from his own areas of research. His transformation from academic economist to public intellectual prompted him to reflect further on the role economists and their discipl...

From the internationally bestselling author and prizewinning economist--a highly original guide to the global economy.In his bestselling 23 Things They Don't Tell You About Capitalism,Cambridge economist Ha-Joon Chang brilliantly debunked many of the predominant myths of neoclassical economics. Now, in an entertaining and accessible primer, he explains how the global economy actually works-in real-world terms. Writing with irreverent wit, a deep knowledge ...

A masterful introduction to the key ideas behind the successes—and failures—of free-market economicsSince 1946, Henry Hazlitt’s bestselling Economics in One Lesson has popularized the belief that economics can be boiled down to one simple lesson: market prices represent the true cost of everything. But one-lesson economics tells only half the story. It can explain why markets often work so well, but it can’t explain why they often fail so badly—or what we ...

" A hugely important book [with] a compelling vision for ethical global finance that makes current political debates seem petty and thoughtless" (Lawrence H. Summers, former U.S. Treasury Secretary).According to Bertrand Badré, finance is neither inherently good nor bad. It's just a tool—the most powerful tool on earth. . In Can Finance Save the World?, he describes innovative approaches and financial tools that can help us address many of...

In a series of 50 accessible essays, Jonathan Portes demystifies the fundamental concepts of capitalism - from its history, core theories and key institutions to its current-day political power and social impact.From stock markets to banks, globalization to Marxism, 50 Capitalism Ideas is a complete introduction to the most the world's dominant economic system.

Why the dollar will remain the world's most powerful currencyMonetary rivalry is a fact of life in the world economy. Intense competition between international currencies like the US dollar, Europe's euro, and the Chinese yuan is profoundly political, going to the heart of the global balance of power. But what exactly is the relationship between currency and power, and what does it portend for the geopolitical standing of the United States, Europe, and China? Popula...

Outsourcing Economics has a double meaning. First, it is a book about the economics of outsourcing. Second, it examines the way that economists have understood globalization as a pure market phenomenon, and as a result have 'outsourced' the explanation of world economic forces to other disciplines. Markets are embedded in a set of institutions - labor, government, corporate, civil society, and household - that mold the power asymmetries that influence the distribution of the gains from glo...

Setting out from an unapologetic Marxist perspective, The Long Depression argues that the global economy remains in the throes of a depression. Making the case that the profitability of capital is too low, and the debt built up before the Great Recession too high, leading radical economist Michael Roberts persuasively presents his case that this depression will persist until the profitability of capital is restored through yet another slump.