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Mapping a new world order – Book Presentation

Economic growth does not lead to more social justice globally. On this, the authors of the book, Mapping a New World Order– the Rest Beyond the West, agreed during the book presentation held on Friday at the international think tank Dialogue of Civilizations Research Institute (DOC RI) based in Berlin.
Developing countries are under pressure to ‘catch up’ economically, both with the global leaders and those following closely behind.
Counter to mainstream thinking, economist Jomo Kwame Sundaram says that inequality is not necessary for economic growth, rather it hinders growth due to under consumption. Inequalities create conflicts not only between the rich and the poor, but also within regions, countries, and on a global level. Therefore, developing countries feel the pressure of catching up with more developed countries.
The big question of the book, and the discussion in the DOC office at Französische Straße 23, was if there is room for non-mainstream economic movement. For Vladimir Popov and Piotr Dutkiewicz, both editors of the book, it is essential to highlight that conditions under which growth takes place are sensitive and of high importance. For this reason, deeper issues associated with progress, other than GDP need to be looked at,  Prabhat Patnaik, a contributor of the book, economist, and political commentator, underlines that we must keep in mind that political equality exists but not on a social and economic level. In particular, economic inequality is increasing and in the book, he refers to the India, where the cast system remains even though the country

Look more on doc-research.org

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