Global Finance at Risk: On Real Stagnation and Instability

by Sunanda Sen

Sunanda Sen offers an analysis of the ongoing malaise in the world economy, which include the financial and real instability as well as economic recession and lack of development. Rejecting the explanations advanced by the orthodoxy, she deplores the retrograde steps in the interest of high finance. This calls for a change in policies, away from the contractionary monetarist devices and in the direction of demand expansion which will prove mutually beneficial for both advanced and developing countries.

221 pages, Hardcover

First published January 1, 2003

About the author

Sunanda Sen has retired as Professor from Centre for Economiic Studies and Planning (CESP), Jawaharlal Nehru University, New Delhi in 2001. Since then she has been a Visiting Professor in Jamia Millia Islamia, New Delhi and recently also a Visiting Professor at the ISID, New Delhi.

She has been a Visiting Professor in various Universities and institutions at home and abroad, including Delhi University, Barcelona University, Grenoble University, Hans Lim A Po Institute at Suriname etc. Also a Visiting Fellow at ISS (Netherland), IDS (Sussex), University of Cambridge (where she is a Life member). In addition, she has been a Consultant at various United Nations organisations. She was a member of the Forwards Market Commission (1994).