The world economy is caught in a money trap. Existing monetary arrangements meet the needs neither of the ageing … societies of the West nor of younger emerging economies. This in-depth analysis explains how the world got into the grip of …The world economy is caught in a money trap. Existing monetary arrangements meet the needs neither of the ageing …

Great Interruption -- Chapter 6. Transition and Triad -- Chapter 7. Cooperation vs. Competition in a World of Adversarial … standard in 1982, they structure relations between the system’s centre and the rest of the world so that others can catch up to … point now. As we are moving from a US-dominated world economy towards a multi-polar configuration, we will also see the …

of Special Drawing Rights, as well as establishment of single world currency surface. So this book has significant … international economic research fields from all over the world. …

, the World Bank, and the GATT/WTO. The latter were formed by advanced economies in the West, after the historic Bretton …

their interventions depends on their credibility with the marketplace. The results of interviews with some of the world …