Dance of the Trillions: Developing Countries and Global Finance

David Lubin

Dance of the Trillions: Developing Countries and Global Finance
Format
Paperback
Publisher
Brookings Institution
Country
United States
Published
14 August 2018
Pages
159
ISBN
9780815736745

Dance of the Trillions: Developing Countries and Global Finance

David Lubin

Voted one of the best economics books of 2018 by the Financial Times

In Dance of the Trillions, David Lubin tells the story of what makes money flow from high-income countries to lower-income ones; what makes it flow out again; and how developing countries have sought protection against the volatility of international capital flows. The book traces an arc from the 1970s, when developing countries first gained access to international financial markets, to the present day.

Underlying this story is a discussion of how the relationship between developing countries and global finance appears to be moving from one governed by the Washington Consensus to one more likely to be shaped by Beijing.

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