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Cover image for book The Global Economic Order

The Global Economic Order

By:Elli
Publisher:Edward Elgar Publishing Inc.
Print ISBN:9781839102677
eText ISBN:9781839102684
Edition:1
Copyright:2020
Format:Page Fidelity

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Exploring in depth the institutions that underpin the global economy, this study provides invaluable insights into why a minimum economic order has endured for so long and why states are unwilling to establish a maximum order, a global safety net for all. The author investigates how debt – a critical component of states’ economic infrastructure – leads to debilitating crises, and how these crises undermine the economic autonomy and political independence of states.