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"Hazel Henderson offers a critique of globalization which is creating a bubble economy at the cost of real, more local enterprises and livelihoods. She argues for the use of systems thinking and a more holistic approach as a way of breaking out of the narrow prism of GDP and market pricing that dominates conventional economic thinking. She sets out a panoramic vision of the changes required to reshape the global economy towards social justice and sustainability at every level from the global to the local and personal."--BOOK JACKET"

"This edition is a sophisticated and authoritative introduction to the field of global political economy that combines history and theoretical approaches with contemporary issues and debates. International experts have updated the new edition to include material on the on-going financial crisis, evaluating the prospects for larger developing economies, with a particular focus on the BRICs, and exploring the crises in global governance. Students are supported in their studies by features including boxes with additional information on key topics and end of chapter questions, and are encouraged to take their interest in the subject beyond the textbook through further reading sections and web links"

"Emerging markets and the global economy investigates analytical techniques suited to emerging market economies, which are typically prone to policy shocks. Despite the large body of emerging market finance literature, their underlying dynamics and interactions with other economies remain challenging and mysterious because standard financial models measure them imprecisely.Describing the linkages between emerging and developed markets, this collection systematically explores several crucial issues in asset valuation and risk management. Contributors present new theoretical constructions and empirical methods for handling cross-country volatility and sudden regime shifts. Usually attractive for investors because of the superior growth they can deliver, emerging markets can have a low correlation with developed markets. "