In this pathbreaking new book, Soros not only identifies the problems but also puts forward practical proposals to make the system work better. In a thoughtful analysis of our existing international financial and trade institutions. Soros shows that while they aid wealth creation they fall short in providing other public goods. Soros deplores an unwitting coalition between market fundamentalists on the far Right and anriglobalization activists on the far Ieft bent on destroying the international institutions we have and calls for a different coalition that would work to reform and strengthen those institutions. The missing element, the centerpiece of the new architecture, is the use of Special Drawing Rights for the provision of development assistance and public goods on a global scale. In a powerful concluding chapter. Soros assesses the United States’ role in the world after September 11. The United States, he cautions, cannot secure its own prosperity and the safety of its people through the raw and unilateral exercise of power: peace and security can be won only through international cooperation. This book is at once a warning, a call to action, and a pointer to a more prosperous and peaceful future.
ISBN: 8176497622
Publisher: VIVA BOOKS