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"Debt as power is a timely and innovative contribution to our understanding of one of the most prescient issues of our time: the explosion of debt across the global economy and related requirement of political leaders to pursue exponential growth to meet the demands of creditors and investors
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This book explores what happened in the transition economies of China, Vietnam and Myanmar from both macro and micro perspectives, and questions whether the governments of these countries are capable of implementing effective reform and transformation
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.' (Sjak Smulders, Tilburg University, the Netherlands). -- Capitalism is driven by technological revolutions, leading to … between capitalism and democracy, combining economic theory and historical description to analyse long-run economic …
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