Understanding the World Economy

by Tony Cleaver

This fourth edition of Understanding the World Economy will continue to provide the reader with the clearest guide available to the global economic scene. Since the last edition was published in 2006, enormous changes have taken place. The world economy has been in upheaval with the biggest financial crash and ensuing recession since the 1930s; with a global re-ordering of economic power relations; with widespread demonstrations by those left behind; with divergent views about where Europe is heading; with a growing scarcity of essential resources; with increasing international terrorism and with increasing concerns of environmental degradation and climate change. To embrace such urgent issues, this text is an almost entirely rewritten version of earlier editions. Tony Cleaver takes a long look at the evolution of market systems and how they have liberated peoples on one side of the globe and yet driven others into debt, depression and despair. He analyses causes and consequences, and discusses (and sometimes dismisses) economic theories. Topics covered This book takes the student through the major characteristics of the global economy in jargon-free non-technical language. Chapter summary diagrams and a wealth of boxes and tables make this an essential introduction for undergraduates and A-level students, as well as the casual reader.

Genres: Economics, Nonfiction, Reference

290 pages, Hardcover

First published January 1, 1997

About the author

Librarian Note: There is more than one author in the Goodreads database with this name.

Tony Cleaver (1947-)
has been a journalist, hippy, teacher, road sweeper, mountain guide, university lecturer and writer. He has lived and worked in the UK, Singapore, Chile, The Netherlands and Colombia. (from his blog)

Reviews

[Vendea]

Strávili jsme spolu tolik hodin, že už si i tykáme.

[Owen Culleton]

Easy to understand and interesting anecdotes

[Deniss Ojastu]

A very good book explaining building principles of macroeconomics, focusing on connections and relevant examples rather than dry definitions. Very well-written chapters on command vs. market economies, unemployment, monetary policy choices, the economics of oil, economic benefits and problems with the European Union, the economics of environment.