The world as we know it has changed and a new economic order that prioritizes environmental protection, human rights, ethnic and cultural diversity as well as compassionate capitalism is now needed.
The Anti-Globalization Breakfast Club: Manifesto for a Peaceful Revolution (ISBN: 978-0-470-82317-0) – a new book published by John Wiley & Sons (Asia) Pte Ltd – offers insights into the extraordinary changes taking place among developing nations and how they are likely to affect the future of the global economy.
No longer prepared to wait for handouts from the West, the world's emerging markets are leveraging their strengths and finding a new voice in the world. Bangladesh, India and Pakistan have all adopted micro-financing as an alternative model for grassroots economic development. Bhutan has embraced the system of using the Gross Domestic Happiness (GDH) to measure development instead of the standard GDP model. China has its own hybrid approach of combining market and planned policy to achieve economic transformation. All these developments represent a rejection of the already increasingly discredited IMF and World Bank policies.
Renown NGO activist and author Laurence Brahm bases his arguments on personal experience and chronicles the key highlights from his years as the central bank advisor to various Asian economies, and shares his insights about the policy decisions made by the IMF and the World Bank. Speaking with leading international activists, he also explains reasons behind the often-violent protests associated with the “anti-globalization movement” at major economic conventions.
Having established his own programs for sustainable development in Tibet to work at grassroots level and then traveling across South Asia, the author integrates the issues faced by NGO and grassroots organizations with the UN’s millennium goals onto his experience-based Himalayan Consensus. An alternative to the Washington Consensus calling for a re-engineering of our basic market economics assumptions, the Himalayan Consensus heralds a new era of compassionate development.
A fascinating kaleidoscope of views from the world’s leading thinkers in alternative policy studies, this book proposes a blueprint for a bold new financial order and sets you rethinking about the values and motivations that drive us every day.
About the Author
Laurence J. Brahm is a global activist, international crisis mediator, political economist and author. A lawyer and economist by profession, during the 1990s he served as an advisor to the central banks of Vietnam, Laos and Cambodia, guiding them on financial reforms in their transition from socialism, and to Mongolia on enterprise restructuring. Brahm advised China’s leadership on state-owned enterprise reforms throughout the 1990s. During this period he advocated practical solutions to development as alternatives to those espoused by the Washington Consensus and stood up against “shock therapy.”
Since 2002 Brahm has worked in the Himalayan plateau, evolving new models of cultural and eco-tourism development through heritage restoration hotels & eco-tourism, pioneering micro-equity projects for marginalized women and the handicapped, and organizing rural medical and educational outreach programs. Brahm founded the NGO Shambhala. He has also served as interlocutor and bridge between Beijing and Dalai Lama in their negotiations, and worked with Nepal’s Maoists during their transition from guerilla fighters to a legitimate political party in a democratic system.
Author of more than 20 books on the Asian region, Brahm has covered a wide spectrum of topics in his writings. These include economic development, financial reform and monetary policy in China and Southeast Asia, as well as new-era travel in Tibet. He is a columnist and commentator for Hong Kong’s South China Morning Post and for ReviewAsia magazine.
Brahm divides his time between Lhasa and Beijing.
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