Edge of Chaos

Dambisa Moyo

Edge of Chaos

16min

16min

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After a long period of growth, the world economy seems to have come to a standstill. In Edge of Chaos, Dambisa Moyo shows us how the democratic system we are accustomed to is not adequate to cope with long-term economic growth, and how the recent growth of liberal governments and populist movements is a clear warning sign of this. To solve these problems, and in order to avoid a climate of protectionism and its dire consequences, a complete overhaul of the principles of democracy should be carried out.

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Analysis and key concepts

01.

The democratic model and economic growth

02.

Benefits of economic growth

03.

Countries that have achieved growth and how they have maintained it

04.

Threats to the growth of a country

05.

The false promise of protectionism

06.

A challenge to democracy’s dominance

07.

The perils of political myopia

08.

Blueprint for a new democracy

09.

Retooling for twenty-first-century growth

10.

Quotes

11.

Take-home message

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Many useful tips to:

  • Understand how the recent growth of populist movements and the global economic situation are interconnected.
  • Reflect on the aspects of democracy that have a negative impact on a country's economic growth.
  • Hypothesize changes in the Western democratic model that will lead to economic growth, without having to give up individual rights and freedoms.

Dambisa Moyo is an international economist who focuses on macroeconomic and global issues. She has a Ph.D. in economics from Oxford University and an MA from Harvard University. She is the author of the bestsellers Dead Aid and Winner Take All. Time Magazine put her on its list of the 100 most influential people in the world. Her articles appear regularly in finance-related newspapers such as the Financial Times and the Wall Street Journal.

Publishing house:

Abacus

Year:

2019

Pages:

320

ISBN:

978-0349143231