PPT-The rise of the liberal global economy, part II

From Bretton Woods to the new global economy The global economy before 1914 Free Trade and protectionism The classical economists and free trade from Smith to Ricardo The growth of world trade. rates began to rise and housing prices started to drop in many parts of the US in 2006-, refinancing became more difficult. Defaults and foreclosures became commonplace once home prices stopped going Towards a new spirituality of creation. 1. . Our growing scientific understanding of the world . and the universe has transformed our appreciation of . what God is about in creation. . All of this has an enormous contribution to make to . Dani Rodrik. December . 2015. Based on: “The Political Economy of Liberal Democracy,” NBER Working Paper No. 21540, September 2015 (with Sharun Mukand). Democracy has won – but what kind of democracy?. Chrystia. Freeland. Do the . rich . deserve their wealth. ?. Why?. Are rich people needed in society. ?. Why?. . Question. Aristocrats. Old Time Robber Barons: These . practices included exerting control over natural resources, influencing high levels of government, paying subsistence wages, squashing competition by acquiring their competitors to create monopolies and raise prices, and schemes to sell stock at inflated prices to unsuspecting . South” and . “the decline of western dominance”? Challenging the conventional wisdom. Robert H. Wade. January 2013. Conventional wisdom. (1) The East/South is rising economically, previously “unipolar” world economy has become “multipolar”; . They are currently experiencing their industrial revolution and are becoming the greatest users and producers of electricity and are burning huge quantities of fossil fuels to keep their booming industries going. This is creating masses of pollution and contributing greatly to global warming. . Values. in a . Changing. World – . Synergy. of State and Society in a . Globalized. World’ . Gary . Dymski. “Disconnected Societies: Rich versus poor in the development debate”. 21 . March. Warming, sea level rise . and . extreme weather. Bert G Drake. Senior Scientist, Emeritus. Smithsonian Environmental Research Center. drakeb@si.edu. . . 410-867-1957. Photo courtesy of the Chesapeake Bay Program. Presented by Carissa Christensen, CEO, Bryce Space and Technology. SpaceCom. 2018. Houston, November 27, 2018. 2017 Global Space Economy. 2017 Satellite Industry Indicators. Risk-tolerant Investment in . 1and economic impact have been allowed to grow to an alarming extent The taxThe public sector has not been managed in a manner so as to generate largeinvestible surpluses The excessive and often indis transformation . Steen Fryba Christensen . Presentation at workshop: . China-Latin America Relations – Emerging powers in the Global . System. Aalborg . University. , June 26, 2015.. China’s . Rise: Centripetal or Centrifugal tendencies? . What’s on the Horizon?. Macro Clinic Video Blog. : www.compeer.com/education. Road Warrior of Agriculture. : www.cornandsoybeandigest.com. Ag Globe Trotter. : https://www.northwestfcs.com/ag-industries/economic-updates/ag-economy-articles . Joseph E. Stiglitz. Brisbane. July , 2010. Seven key challenges. Recovering from the global slowdown. Addressing global imbalances. Creating a more stable global financial system. Creating a new global reserve system. . China’s . С. apital Formation . in the Volatile Time. Department of Global Economy. . November 30, 2023 . Leonid M. Grigoryev. , . Darya.  Zharonkina. . BRICS JOURNAL OF ECONOMICS, 2023 Volume 4 Number 2, pp. 4-24..