The Global Debt Crisis and Its Socioeconomic Implications: Creating Conditions for a Sustainable, Peaceful, and Just World

Description

This fascinating and ambitious book proposes a new strategy ("the Ramo Plan") to tackle the current global socioeconomic crisis. Issuing a direct challenge to the status quo, the author lays out a bold set of policies to overcome the West-East divide and lead us to a more successful and secure future. Alongside the presentation of a new economic approach, this book provides a thorough survey of the major forces behind the decline in economic growth rates. It examines the state of the major world economies, explores the impact of the global debt crisis, identifies the income and wealth gaps in the United States and other countries, and explains the relationship between these issues and the spread of alienation, radicalism and terrorism. Imaginative and refreshing, this is valuable and original reading for students and academics interested in international political economy, economic development, sustainable development, and social economics, as well as global policy, area studies, globalization studies, and international relations. Front Matter ....Pages i-xvii Evolution of Civilizations (Mohamed Rabie)....Pages 1-13 Global Change (Mohamed Rabie)....Pages 15-21 The Global Debt Crisis (Mohamed Rabie)....Pages 23-42 A View of the Global Scene (Mohamed Rabie)....Pages 43-60 The US Political and Economic Scene (Mohamed Rabie)....Pages 61-89 Capitalism and Democracy (Mohamed Rabie)....Pages 91-110 Market Capitalism and Materialism (Mohamed Rabie)....Pages 111-124 Debt, Inequality and Economic Growth (Mohamed Rabie)....Pages 125-138 Globalization and the Debt Crisis (Mohamed Rabie)....Pages 139-147 The Debt Crisis and the US Economy (Mohamed Rabie)....Pages 149-166 The Spanish Austerity (Mohamed Rabie)....Pages 167-182 The Greek Debt Saga (Mohamed Rabie)....Pages 183-190 The Nature of the Transition (Mohamed Rabie)....Pages 191-199 A Peek at the Future (Mohamed Rabie)....Pages 201-214 Concluding Remarks (Mohamed Rabie)....Pages 215-220 Back Matter ....Pages 221-235