Global ‘disorder’ and the rise of finance: implications for the development project

Jayati Ghosh

Chapter 6 in Mapping a New World Order, 2017, pp 91-122 from Edward Elgar Publishing

Abstract: The chapter considers the following questions: Is global economic stability necessary for countries wishing to industrialize and complete their development project? Or does some degree of instability actually benefit economies wishing to change their relative position in the international division of labour? If so, what kinds of stability/instability matter? What insights does recent history provide for assessing current possibilities in this regard?

Keywords: Development Studies; Economics and Finance; Geography; Politics and Public Policy (search for similar items in EconPapers)
Date: 2017
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