Dance of the Trillions - Developing Countries and Global Finance

In Dance of the Trillions, David Lubin tells the story of what makes money flow from high-income countries to lower-income ones; what makes it flow out again; and how developing countries have sought protection against the volatility of international capital flows. The book traces an arc from the 1970s, when developing countries first gained access to international financial markets, to the present day.
Underlying this story is a discussion of how the relationship between developing countries and global finance appears to be moving from one governed by the "Washington Consensus" to one more likely to be shaped by Beijing.

List of contents

Contents
Acknowledgements
Introduction: What's Past is Prologue
1. Enter Finance: The 1970s
2. Exit Finance: Two Decades of Crisis
3. Explaining Emerging Markets
4. Thank You, China!
5. Toward a Beijing Consensus
Notes
Index

About the author

By David Lubin

Summary

Tells the story of what makes money flow from high-income countries to lower-income ones, and what makes it flow out again. David Lubin follows a trajectory from the emergence of petrodollars, global inflation, and the US Federal Reserve in the 1970s; to Latin America's "lost decade" of the '80s; to the rise of China in the early 2000s.

Product details

• Authors: David Lubin, Lubin David
• Publisher: Rowman and Littlefield
• Languages: English
• Product format: Paperback / Softback
• Released: 31.08.2018
• EAN: 9780815736745
• ISBN: 978-0-8157-3674-5
• No. of pages: 160
• Series: Insights: Critical Thinking on International Affairs; Insights: Critical Thinking on International Affairs; Chatham House Insights; The Chatham House Insights Series
• Subjects: Social sciences, law, business > Business > Miscellaneous; USA, China, Latin America, POLITICAL SCIENCE / Public Policy / Economic Policy, BUSINESS & ECONOMICS / Globalization, BUSINESS & ECONOMICS / Development / Economic Development, Developing Countries, Economic theory & philosophy, International Economics, United States of America, USA, Latin America – Mexico, Central America, South America, BUSINESS & ECONOMICS / International / Economics & Trade, Economic theory and philosophy, Global South / Developing countries