Autori
Cedrini, Mario
Carabelli, Anna M.

Titolo
Globalization and Keynes's Ideal of a "Sounder Political Economy between all Nations
Periodico
Università degli studi di Torino. Dip. Di Economia e Statistica Cognetti de Martiis. Working paper series
Anno: 2013 - Volume: 11 - Fascicolo: 49 - Pagina iniziale: 1 - Pagina finale: 30

This paper is a contribution to the elaboration of a narrative of the international economic disorder that followed the demise of the Bretton Woods regime. It therefore revisits some key episodes of the recent history of the world economy – the Washington Consensus saga and the widening of global imbalances – and throws light on the attempt made in the Nineties to construct a neoliberal global order entirely and exclusively based upon market discipline, with consequent shrinking in policy space. The article shows that the resulting “hyper” version of globalization is, in its essence, a complete repudiation of Keynes’s international economics, and discusses the enduring relevance of his vision of international economic relations and global reform plans to the current epoch of “gated globalization”.



Testo completo: http://www.est.unito.it/do/home.pl/Download?doc=/allegati/wp2013dip/wp_49_2013.pdf

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