The Real World Economic Outlook 2003 The

Building on the New Economic Foundation and Jubilee 2000's experience of making complex economic issues interesting and attractive to a mass audience, and publishing alternative reports, the Real World Economic Outlook provides an overview and reviews the global economy from a different and radical perspective. This first report looks at globalization and debt deflation.

Ann Pettifor is Director of Jubilee Research at the New Economics Foundation. She co-founded the Jubilee 2000 movement for the cancellation of the debts of the poorest countries.

list of figures

x

list of tables

xii

foreword

xiii

preface

xv

acknowledgments

xix

notes on contributors

xxi

executive summary

xxv

introduction

xxviii

PART 01 global transformation and global outlook

1 making sense of our world: 1970-2003

5

(15)

ann pettifor

2 globalization and its consequences

20

(30)

romilly greenhill

predatory lending in britain

25

(6)

pat conaty

stock options and their affect on wealth inequality

31

(11)

claus gruber

inflation paranoia

42

(3)

joseph stiglitz

slicing and dicing risk

45

(5)

joseph stiglitz

3 real world economic outlook

50

(10)

romilly greenhill

4 real world environmental outlook

60

(15)

andrew simms

PART 02 real outlook for the world's regions

5 outlook for the middle east: unfulfilled promises and devastation

75

(9)

erinc yeldan

6 outlook for south and central america: economic stagnation and state decline

84

(6)

franklin serrano

7 outlook for north america: the three-bubble economy

90

(7)

dean baker

8 outlook for south asia: capital flows, deflation, and the persistence of poverty

97

(7)

jayati ghosh

9 outlook for east asia: US dependency and deflation

104

(4)

jomo ks

10 outlook for europe: the neoliberal stranglehold on growth

108

(8)

Janet bush

11 outlook for africa: debt, AIDS, and the feminization of poverty

116

(11)

zo randriamaro

PART 03 globalization and its inconsistencies

12 globalization and its inconsistencies

127

(3)

herman e daly

13 primitive accumulation revisited

130

(3)

gita sen

14 the well-being of nations

133

(5)

nic marks

15 poverty and income distribution: what is the evidence?

138

(14)

robert hunter wade

china and india: statistical sleights of hand

143

(25)

robert hunter wade

16 globalization: economic stagnation and divergence

152

(13)

alan freeman

PART 04 rise of the finance sector

17 debt and delusion

165

(9)

peter warburton

how banks make money

168

(6)

romilly greenhill

18 the dollar bill: who picks up the tab?

174

(4)

michael hudson

19 the US economy: a changing strategic predicament

178

(10)

wynne godley

20 why financial markets misbehave

188

(4)

dani rodrik

21 globalizing money: dollarization in latin america

192

(4)

franklin serrano

22 localizing money: alternative currencies

196

(3)

david boyle

23 financial architecture in the 20th century

199

(3)

ann pettifor

24 financial architecture in the 21St century?

202

(9)

jape d'arista

PART 05 new era?

25 framework for economic justice and sustainability

211

(8)

ann pettifor and romilly greenhill

Glossary

219

What is included with this book?

The New copy of this book will include any supplemental materials advertised. Please check the title of the book to determine if it should include any access cards, study guides, lab manuals, CDs, etc.

The Used, Rental and eBook copies of this book are not guaranteed to include any supplemental materials. Typically, only the book itself is included. This is true even if the title states it includes any access cards, study guides, lab manuals, CDs, etc.

FREE SHIPPING

Amazon no longer offers textbook rentals. We do!

The Real World Economic Outlook 2003 The Legacy of Globalization: Debt and Deflation

Summary

Author Biography

Table of Contents

Supplemental Materials