Template-type: ReDIF-Paper 1.0
Author-Name: Carabelli, Anna
Author-Email: anna.carabelli@eco.unipmn.it
Author-Name: Cedrini, Mario
Author-Email: mario.cedrini@unito.it
Author-Workplace-Name: University of Turin
Author-Workplace-Homepage: http://www.est.unito.it/
Title: Globalization and Keynes's Ideal of a 'Sounder Political Economy between All Nations.
Abstract: 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”. 
Length: 30 pages
Creation-Date: 2013-10
File-URL: http://www.est.unito.it/do/home.pl/Download?doc=/allegati/wp2013dip/wp_49_2013.pdf
File-Format: Application/PDF
Handle: RePEc:uto:cesmep:201305