The ascent of globalisation

Author: Harry Blutstein

The ascent of globalisation captures the sweeping drama of postwar globalisation through intimate portraits of twenty of its key architects. These profiles provide insights into what inspired these pioneers of globalisation — the beliefs they each imbibed in their youth, the formative experiences that shaped their ideas and their contributions to the global architecture. Engaging anecdotes and telling personal details, many of which have never been told, enliven each of the stories, as well as the behind-the-scenes dramas that accompanied the creation of institutions such as the World Bank, IMF, UN and World Trade Organization and the informal governance structures that are part of the postwar global architecture.

Their legacies are critically examined, both their successes and their disappointments: a global financial system that is fragile and unstable; an international trading system that is unfair; the unintended consequences of largely unregulated transnational capital; and dysfunction that plagues institutions like the European Union and the United Nations. The book ends by examining what implications the flawed architecture may have for the future of globalisation.

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