The world was and is in many areas in a turmoil: pandemic, war, energy scarcity, wheat price explosion, and many others. And everything is either impacted or has an impact on global economy. And on the top of it: Christians are in the midst of it. Therefore it matters how Christians think about the economy and act in the economy. It informs their choices as consumers and voters as well as entrepreneurs.The many crises also laid bare the injustices of our economic system and demonstrated that change is necessary. This publication presents reflections and ideas of Christians how to engage and bring change in our economy in light of these challenges. The many writers who contributed to this publication present their ideas from different angles. Nevertheless they clearly also converge when it comes to the direction we need to take.This book has been edited by Rev. Timo Plutschinski, Director of the World Evangelical Alliance ́s Business Coalition.

Almost ten years have passed since the onset of the global economic crisis, but scientists, businesspeople, bankers, and politicians continue to argue about its causes and whether it could have been prevented. The anticrisis measures that were taken also remain in dispute, and if you ask ten different economists which direction the economy is going, youll likely get ten different answers. Irakli Kovzanadze, a career banker and financier, examines the crisis, including its effects on the worlds social and political development in this important book. He highlights the following: causes of the crisis, including a dangerous triad of deregulation, financial innovation, and the speculative nature of doing business anticrisis measures at the national, regional, and international levels measures for reforming rating agencies that occupy an exceptionally important place in the modern global economy. From the origins and development of the crisis in the United States of America and Europe, to its ultimate spread, and on to ways the crisis was overcome, this book is an essential resource for aspiring macroeconomists, geopoliticians, bankers, students, and business professionals.

The global credit crisis of 2008OCo2009 was the most serious shock to the world economy in fully 80 years. It was for the world as a whole what the Asian crisis of 1997OCo1998 was for emerging markets: a profoundly alarming wake-up call. By laying bare the fragility of global markets, it raised troubling questions about the operation of our deeply integrated world economy. It cast doubt on the efficacy of the dominant mode of light-touch financial regulation and more generally on the efficacy of the prevailing commitment to economic and financial liberalization. It challenged the managerial capacity of inherited institutions of global governance. And it augured a changing of the guard, pointing to the possibility that the economies that had been the leaders in the OC global growth stakesOCO in the past might no longer be the leaders in the future. What the crisis means for reform, however, is still unclear. This book brings together leading scholars and policy analysts to describe and weigh the options. Successive chapters assess options for the global financial system, the global trading system, the international monetary system, and the Group of 20 and global governance. A final set of chapters contemplates the policy challenges for emerging markets and the advanced economies in the wake of the financial crisis.

In the wake of the outbreak of the global crisis in 2008, many observers expected the state to assume command over a faltering neoliberal finance-led model of capitalism. We now know that this expectation was by and large mistaken. There is indeed an ongoing re-calibration of the state-capital relations, but in many instances the state has become more actively and more deeply involved in extending the reach of markets rather than in constraining markets in the interests of an equitable response to the crisis. This volume offers both theoretical perspectives and empirical studies by a selection of leading Critical International Political Economy scholars on the question how and to what extent we are witnessing a return of the state and a transition towards a new phase of global capitalism. The chapters cover a wide array of topics: from the rise of China and other emerging economies of the Global South, the role of state-owned enterprises such as Sovereign Wealth Funds and National Oil Companies and global environmental politics, to the role of labour in Europe and US grand strategy / foreign policy making in the post-Cold War period. This book was published as a special issue of Globalizations.

International Business in Times of Crisis classifies studies of crises relevant to international business research following a global pandemic which exposed systems failures and fragilities closely across global economic, financial, political, and social systems.

A novel theme of Harmony of society and its economy on spiritual basis is highlighted for the first time in scientific literarute in this book. Thanks God, based on a synthesis of scientific knowledge and spiritual essence, the features and the global paradigm and the laws of Harmony «D + 3D», wrote the entire book. Special attention is paid to the study of huge role of spiritual and moral and intellectual development of individuals, social groups in building of harmonious social economy in countries with four «D». The monograph shows the ways of disharmonies elimination in the modern world, beginning of new epoch and civilizational changes and the need for broad partnership of East and West, all continents in the face of global challenges to the Nations is based here. The book is intended for workers of science and education, PhD candidates, graduate students, students engaged in scientific research in the fields of economics, finance, sociology, political science, demography and other branches of social Sciences and Humanities. It is of great interest to practitioners and to all the readers who are conscious about the choice of vector of harmonious development of the countries.

The Long Battle for Global Governance charts the manner in which largely excluded countries, variously described as ‘ex-colonial’, ‘underdeveloped’, ‘developing’, ‘Third World’ and lately ‘emerging’, have challenged their relationship with the dominant centres of power and major institutions of global governance across each decade from the 1940s to the present. The book offers a fresh perspective on global governance by focusing in particular on the ways in which these countries have organised themselves politically, the demands they have articulated and the responses that have been offered to them through all the key periods in the history of modern global governance. It re-tells this story in a different way and, in so doing, describes and analyses the current rise to a new prominence within several key global institutions, notably the G20, of countries such as Brazil, China, India and South Africa. It sets this important political shift against the wider history of longstanding tensions in global politics and political economy between so-called ‘Northern’ and ‘Southern’ countries. Providing a comprehensive account of the key moments of change and contestation within leading international organisations and in global governance generally since the end of the Second World War, this book will be of great interest to scholars, students and policymakers interested in politics and international relations, international political economy, development and international organisations.

A stirring, comprehensive look at the state of women in the workforce—why women’s progress has stalled, how our economy fosters unproductive competition, and how we can fix the system that holds women back. In an era of supposed great equality, women are still falling behind in the workplace. Even with more women in the workforce than in decades past, wage gaps continue to increase. It is the most educated women who have fallen the furthest behind. Blue-collar women hold the most insecure and badly paid jobs in our economy. And even as we celebrate high-profile representation—women on the board of Fortune 500 companies and our first female vice president—women have limited recourse when they experience harassment and discrimination. Fair Shake: Women and the Fight to Build a Just Economy explains that the system that governs our economy—a winner-take-all economy—is the root cause of these myriad problems. The WTA economy self-selects for aggressive, cutthroat business tactics, which creates a feedback loop that sidelines women. The authors, three legal scholars, call this feedback loop “the triple bind”: if women don’t compete on the same terms as men, they lose; if women do compete on the same terms as men, they’re punished more harshly for their sharp elbows or actual misdeeds; and when women see that they can’t win on the same terms as men, they take themselves out of the game (if they haven’t been pushed out already). With odds like these stacked against them, it’s no wonder women feel like, no matter how hard they work, they can’t get ahead. Fair Shake is not a “fix the woman” book; it’s a “fix the system” book. It not only diagnoses the problem of what's wrong with the modern economy, but shows how, with awareness and collective action, we can build a truly just economy for all.