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Understanding The World Economy

Edited By: By: Tony Cleaver
Date of Publication: May 2009
Publications Categories: Book Reviews

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Abstract: The major theme of this book may be described as that of economic injustice, i.e., unequal distribution of global incomes. One basic assumption which permeates Tony Cleaver’s analysis is that normative economic problems exist in both command and market economies and solving these problems – getting the mix right between how far markets should be left to themselves and how far central authorities should intervene – is the business of political economy of each and every country...

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