Towards a New Bretton Woods: Alternatives for the Global Economy

Towards a New Bretton Woods: Alternatives for the Global Economy
ISBN-10
0851245552
ISBN-13
9780851245553
Pages
274
Language
English
Published
1994
Publisher
Spokesman for Associate Research in Economy and Society
Author
Stuart Holland

Description

"The alternatives are coordinated public policies for recovery of investment and expenditure, restructuring of debt, production and trade and redistribution through social expenditures in favour of the poorest people in the poorer countries. New development expenditures rising to $100 billions a year would have major expansion effects on the world economy as a whole, as would mainly environmental programmes and long-term development assistance for the reforming economies. Scenarios from the Alphametrics-ARCA global model show that such expenditures will register a major increase in employment, trade and welfare for the global economy as a whole."--Jacket.

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