Cambridge 

​The decade since the global financial crisis of 2008– 09 has indeed brought dramatic economic and political developments. Advanced economies’ growth has generally trended downward since the mid-2000s while emerging market and developing economies have continued to grow more quickly than during the 1980s and 1990s. Increasing economic interaction, allied to the changes in the world, has created a need for more sophisticated perception of the economics, social, and political environments. Economic Issues: Global and Local Perspectives, therefore, combined with interdisciplinary contributions on developments in social sciences areas, makes a valuable input into growth of new ideas. The book also provides a qualitative analysis of the new changes that are underway and helps illustrate some of the big changes that are already happening by including valuable chapters.

The development experience is different today, as countries are confronted with challenges like never before. We are entering a new era, in which a series of innovations that leverage the internet could have a major impact on economic growth. Blockchain, the Internet of things, 3D printing, artificial intelligence, and have the potential to profoundly transform to our world. The new development context has new rules, new environmental constraints, new technologies and more competition. Therefore, development strategies and policies need to adapt to these changes, and reflect a country’s context, endowments and institutions.​

ISBN: 9781534299993