Redefining Capitalism in Global Economic Development
Publisher: Elsevier Science & Technology Books
Published: 2017
Language: eng
Number of pages: 476
ISBN-13: 9780128041819
Subjects: Capitalism; Economic development
Description: Redefining Capitalism in Global Economic Development reconsiders capitalism by taking into account the unfolding forces of economic globalization, especially in Asian economies. It explores the economic implications and consequences of recent financial crises, terrorism, ultra-low interest rates that are decades-long, debt-prone countries and countries with large trade surpluses. The book illuminates these economic implications and consequences through a framework of capitalist ideologies and concepts, recognizing that Asia is redefining capitalism today. The author, Li, seeks not to describe why nations fail, but how the sustainability of capitalism can save the world.--