One World Mania

In this much-needed book, Graham Dunkley challenges the oft-repeated notion that free trade and global integration are the best means of development for all nations at all times – an idea that has proved even more misguided in the wake of the global financial crisis. By contrast, Dunkley reveals – through a wide range of statistical analysis and case studies – that at best the evidence is mixed. Looking systematically at issues such as trade-led growth, supply chains and financialization, One World Mania reveals the many problems that over-globalization has caused, often at great human cost.

An indispensible guide for anyone wishing to understand the shortcomings of current global economic policies.

• Introduction
• 1. Complexity, Mythology and Over-Globalisation: An Overview of Global Integration
• 2. The Perennial Debate: Free Trade and Globalisation in Thoery and History
• 3. The Biggest Game on Earth: The Myth of Trade-Led Growth
• 4. Converting the World to Capitalism: The Rise and Fall of the Washington Consensus
• 5. A Planet in Chains: Capital, Supply Chains and the Economy of Nowhere
• 6. The Dark Lords of Money: Financial Globalisation, Crises and Insanity
• 7. Globalisation and People: The Many Costs of Global Integration
• 8. One World Mania: The Problems of Excessive Global Integration
• Conclusion
• Appendix: Economic Growth Rates – Selected Countries, 1960 to 2013