Contributors vii
Preface xi
1 Editors’ Introduction: Global Governance at Risk 1
David Held and Charles Roger
2 The Shift and the Shock: Prospects for the World Economy
19
Martin Wolf
3 The Coming Global Monetary (Dis)Order 31
Benjamin J. Cohen
4 Will Emerging Markets Shape or Shake the World Economy? 51
George Magnus
5 Protecting Power: Western States in Global Organizations
77
Robert H. Wade
6 Why the West Rules for Now – And is Likely to for a Long Time
to Come 111
Michael Cox
7 Hamlet without the Prince of Denmark: How Development has
Disappeared from Today’s “Development” Discourse 129
Ha-Joon Chang
8 Keynes, Hobson, Marx and the Crisis of Capitalism 149
Robert Skidelsky
9 From the Financial Crisis to the Crisis of Global Governance
170
David Held and Kevin Young
Index 202
David Held is Master of University College and Professor of
Politics and International Relations at Durham University.
Charles Roger is a PhD student at the University of British
Columbia and Liu Scholar at the Liu Institute for Global Issues.
"Among the many troubling things made clear by the current
protracted crisis, a crucial one is that progress in global
governance has been fragile and is very much at risk. In this book,
Held and Roger have brought together distinguished contributors to
explore the ways this is so, why, and what the implications are.
The results are sobering but also helpful and consistently
insightful."
Craig Calhoun, director of the London School of Economics and
Political Science
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