From an internationally acclaimed economist, a provocative call to jump-start economic growth by aggressively overhauling liberal democracy
Around the world, people who are angry at stagnant wages and growing inequality have rebelled against established governments and turned to political extremes. Liberal democracy, history's greatest engine of growth, now struggles to overcome unprecedented economic headwinds -- from aging populations to scarce resources to unsustainable debt burdens. Hobbled by short-term thinking and ideological dogma, democracies risk falling prey to nationalism and protectionism that will deliver declining living standards.
In Edge of Chaos, Dambisa Moyo shows why economic growth is essential to global stability, and why liberal democracies are failing to produce it today. Rather than turning away from democracy, she argues, we must fundamentally reform it. Edge of Chaos presents a radical blueprint for change in order to galvanize growth and ensure the survival of democracy in the twenty-first century.
Edge of Chaos: Why Democracy Is Failing to Deliver Economic Growth-and How to Fi
Dr Dambisa Moyo is an international economist who writes on the macroeconomy and global affairs.
She is the author of the New York Times bestsellers Dead Aid: Why Aid Is Not Working and How There Is a Better Way for Africa, How The West Was Lost: Fifty Years of Economic Folly - And the Stark Choices Ahead and Winner Take All: China's Race for Resources and What It Means for the World.
Moyo was named by Time magazine as one of the 100 Most Influential People in the World, and was named to the World Economic Forum's Young Global Leaders Forum. Her work regularly appears in economic and finance-related publications such as the Financial Times and Wall Street Journal.
She completed a doctorate in Economics at Oxford University and holds a Masters degree from Harvard University. She completed an undergraduate degree in Chemistry and an MBA in Finance at the American University in Washington DC.