The Great Global Transformation: National Market Liberalism in a Multipolar World by Branko Milanovi – Non Fiction

Description:

Title:
The Great Global Transformation: National Market Liberalism in a Multipolar World

Overview:
From renowned economist Branko Milanovi comes a piercing, data-driven exploration of how the global economy is recalibrating in a multipolar era. The Great Global Transformation argues that the age of unipolar, market-led dominance is giving way to a fresh ordering: national market liberalism. In this framework, liberal market policies persistopening domestic markets, embracing trade, and championing entrepreneurshipyet they are increasingly subordinated to strategic national power, geopolitical consideration, and domestic political realities. Milanovi, whose scholarship on global inequality has shaped recent debates, uses rigorous empirical analysis to trace how economic liberalism travels across borders while political power solidifies at the national level. The result is a lucid, consequential portrait