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The Great Global Transformation
National Market Liberalism in a Multipolar World
Brief Description
A world-leading economist guides us through the ruins of the current world order- where do we go next? A Financial Times Book of the Year Global neoliberalism is on its last legs, while a new international economic order is taking hold. Trade blocs, tariff wars, economic...
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Description
A world-leading economist guides us through the ruins of the current world order- where do we go next?
A Financial Times Book of the Year
Global neoliberalism is on its last legs, while a new international economic order is taking hold. Trade blocs, tariff wars, economic sanctions, and national champions are in; nationalism, anti-immigration movements and the far-right are on the rise. Liberalism is being rejected by the civic realm, as the status quo of the past fifty years crumbles. What remains in its wake?
Drawing on original research, leading economist Branko Milanovic reveals the seismic shifts that are shaping our world. He details the facts- how the rising economic power of Asia is creating a new global 'middle class' in the greatest reshuffle of incomes since the Industrial Revolution. He explores our fears- why are we becoming increasingly unhappy, when the world is becoming richer and more equal? And he shows us the fight ahead- as plutocracy returns, global war threatens, and a new system silently shapes our nations, driving malcontent to breaking point. In The Great Global Transformation, Milanovic provides an invaluable guide to the new 21st century.
Book Details
INFORMATION
ISBN: 9780241678930
Publisher: Penguin Books Ltd
Format: Hardback
Date Published: 06 November 2025
Country: United Kingdom
Imprint: Allen Lane
Audience: General / adult, Tertiary education, Professional and scholarly
DIMENSIONS
Spine width: 29.0mm
Width: 165.0mm
Height: 241.0mm
Weight: 480g
Pages: 288
About the Author
Branko Milanovic is Senior Scholar at the Stone Center on Socio-Economic Inequality at the City University of New York and Visiting Professor at the International Inequalities Institute at the London School of Economics and Political Science. Formerly Lead Economist in the World Bank's research department, he is a world-leading scholar of income inequality, and was the co-creator of The Elephant Curve, also known as the Lakner-Milanovic curve. He is the author of numerous books, including Visions of Inequality, Capitalism, Alone and Global Inequality- A New Approach for the Age of Globalisation.
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