| Description |
The process of globalization resulted into new global economic flows, structures, power constellations, and different poles of wealth creation and economic decline during the last three decades. The current global economic crisis is a turning point. OECD –
countries are in trouble, Asia is growing rapidly, the panoramas in Africa and Latin America are mixed. Which consequences need to be drawn? How could a new global economic governance architecture look like? Looking towards 2030/ 40, the global economy will continue to change drastically. The Western dominated world economy is eroding. But what is emerging? Which drivers will shape the next globalization wave? Climate change, planetary boundaries, and global population growth are challenging the existing economic paradigms. The fossil based global economy needs to be transformed into a global low carbon economy. Is such a great transformation possible? What does the literature tell us about transformative strategies towards a sustainable global economy? |
| Literature |
Literature
Bhagwati, J. (2004); In defense of globalization, Oxford
Htun, N./ D. Messner/ D. Mahajan/ S. Nishioka/ X. Zhang (guest editors) (2010): Towards a global low carbon society, Special Issue, Journal for Renewable and Sustainable Energy (American Institute of Physics), No. 2/2010, http:// scitation.aip.org/rss/jrse.xml
Kaplinsky, R./ D. Messner (Hrsg.) (2008): The Asian Drivers of Global Change, Special Issue, World Development, Vol. 36, Nr.2
Reinert, E.S. (2007): How rich countries got rich. Why poor countries stay poor, New York
Reinhart, C./ K. Rogoff (2009): This time is different. Eight centuries of financial folly, Princeton/ Oxford
Stern, N. (2009): A blueprint for a safer planet, London
WBGU (Wissenschaftlicher Beirat Globaler Umweltveränderungen) (2009): Solving the climate dilemma: the budget approach, Berlin, www.wbgu.de
Interesting homepages
Developing countries and the global financial crisis: www.die-gdi.de; www.odi.org.uk
The future of the financial markets: www.weforum.org
Trends in the global economy: homepages of the OECD, Worldbank, Regional Development Banks, UNCTAD, IMF
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