The Great Global Transformation
Branko MilanoviÔc
Global neoliberalism is on its last legs, as a new international economic order takes hold: trade blocs, tariff wars, economic sanctions, and national champions are in; nationalism, anti-immigration movements, and the far-right are on the rise. Liberalism is being rejected by the civic realm, as the status quo of the past fifty years crumbles. What remains in its wake? Drawing on original research, leading economist Branko Milanovic reveals the seismic shifts that are shaping our world. He details the facts: how the rising economic power of Asia is creating a new global 'middle class' - in the greatest reshuffle of incomes since the Industrial Revolution.
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