The New Global Economic Order
Date:
30 July 2025Category:
Co-Publications, Industry and ManufacturingType:
Co-PublicationsTags:
New Economic Order, ASEAN, Economic TransformationPrint Article:
The Open Access version of this book, available at
As anti-globalisation reshapes the world, the divide between East and West is deepening – posing new challenges for economic policy and global governance. This book presents a nuanced and balanced analysis of economic transformation over the past century, exploring key themes such as structural change, resource mobilisation, and the future of global growth.
Featuring contributions from leading economists – including Daron Acemoglu, Justin Yifu Lin, and Joseph Stiglitz – this volume offers expert perspectives on development strategies, economic transformation, and the evolving global order. It also addresses pressing governance issues related to artificial intelligence, green technology, and the financing of health crises, future pandemics, and energy transitions.
A vital resource for economists, policymakers, and researchers, this book offers strategic guidance for navigating global shifts and mobilising resources to support sustainable development in an emerging new economic order.
About the book
Edited by Lili Yan Ing and Dani Rodrik
Chapter 1 Introduction
Lili Yan Ing and Dani Rodrik
Chapter 2 The Global Economic Order: A Brief History
Kevin Hjortshøj O’Rourke
Chapter 3 Rethinking Global Governance: Cooperation in a World of Power
Joseph E. Stiglitz and Dani Rodrik
Chapter 4 Roles of Bilateral, Regional, and Plurilateral Cooperation
Shujiro Urata
Chapter 5 Correlated Trade and Geopolitics Driving a Fractured World Order
Danny Quah
Chapter 6 Economic Transformation and the New Economic Order
Lili Yan Ing and Justin Yifu Lin
Chapter 7 A New Growth Strategy for Developing Nations
Dani Rodrik and Joseph E. Stiglitz
Chapter 8 The Need for Multipolar Artificial Intelligence Governance
Daron Acemoglu
Chapter 9 The Green Industrial Revolution: Consequences and Policies
Alessio Terzi
Chapter 10 International Financial and Tax Reforms
José Antonio Ocampo
Chapter 11 Global Resource Mobilisation: Health and Economic Recovery
Jayati Ghosh
Chapter 12 The New Economic Order: Do Market Mechanisms Deliver Better Growth?
Vera Songwe
