 "economic growth")
The global economy has been shaken by the breakdown of global governance. The UN is unable to prevent the ongoing genocide in Palestine and stop wars that have broken out in Europe, West Asia, and Africa. Global coordination of finance and trade has ended: Control of the dollar has given the US control of the global financial system. Climate change, a global problem, has become ungovernable. Demographic changes are another global problem requiring new solutions, as I will explain later. All these systemic problems must be solved simultaneously.
Daron Acemoglu, Simon Johnson, and James Robinson (AJR) have won the 2024
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of www.business-standard.com or the Business Standard newspaper
