Dance of the Trillions: Developing Countries and Global Finance (Insights: Critical Thinking on International Affairs) - Softcover

Lubin, David

Softcover

ISBN 10: 0815736746 ISBN 13: 9780815736745

Publisher: Brookings Institution Press, 2018

Synopsis

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.

About this title

About the Author

David Lubin is head of emerging markets economics at Citi and an associate fellow in the Global Economy and Finance Department at Chatham House, the Royal Institute of International Affairs.

From the Back Cover

In Dance of the Trillions, David Lubin tells the story of what makes money flow from high-income countries to lower-incomes; 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.

Edition details

• Publisher: Brookings Institution Press
• Publication date: 2018
• Language: English
• ISBN 10: 0815736746
• ISBN 13: 9780815736745
• Binding: Paperback
• Number of pages: 159