Global Finance at Risk: On Real Stagnation and Instability
Palgrave Macmillan | November 29, 2003 | ISBN: 0333800400 | 240 pages | PDF | 1.04 MB


Sunanda Sen offers an analysis of the ongoing malaise in the worldeconomy, which include the financial and real instability as well aseconomic recession and lack of development. Rejecting the explanationsadvanced by the orthodoxy, she deplores the retrograde steps in theinterest of high finance. This calls for a change in policies, awayfrom the contractionary monetarist devices and in the direction ofdemand expansion which will prove mutually beneficial for both advancedand developing countries.