Capitalism and the World Economy

Globalisation is a phenomenon which has attracted much attention in the past, but there are still many questions that remain unanswered._x000D_ _x000D_ This book categorises globalisation into three types:_x000D_ _x000D_ _x000D_ Financial Globalisation_x000D_ _x000D_ _x000D_ The convergence of the US, Europe and Japan to the capitalist system _x000D_ _x000D_ _x000D_ The rise of the emerging nations._x000D_ _x000D_ _x000D_ The book explores both the light and shadows cast by globalisation, endeavouring to identify both positive and problematic effects of the globalisation process on the world economy. The book firstly examines the nature of world capitalism in relation to globalisation, followed by a discussion of the path along which important nations - first the developed nations (the USA, EU and Japan), followed by the emerging nations (BRICS) - have proceeded under the influence of globalisation._x000D_ _x000D_ This collection, from a selection of leading international contributors, will not only shed light on world capitalism as it is now, but will also offer pointers as to its future directions.