Global Fortune. The Stumble and Rise of World Capitalism

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Criticism of global capitalism has proliferated since the onset of the Asian financial crisis in 1997. The International Monetary fund's interventions in Asia, Russia and Brazil - ostensibly intended to bolster the free market - have contributed to the notion that capitalism has somehow failed. Plans for redesigning the world's financial architecture abound, but is global capitalism in crisis? That is the question facing governments and policymakers around the globe. In this book experts from four continents discuss why recurring financial turmoil should provide a warning to countries that would move away from the free market. Contributors also explain why capitalism has made this a century of unrivalled prosperity.